Nifty has broken fibonacci retracement level of 16011 is broken and nifty closed with a Doji candle. VIX again shot to 29.33 indicating high volatility and increased uncertainty. PCR is 0.36 and contra indicates a strong pullback. Any positive news could trigger a breakout. However the charts are now in very weak zone and should continue to trend towards next fib...
Russia is the first market to call out its bottom and I can say that I will be the first person to say that RUSSIA has made its bottom with retracement till 38% levels from rising trend from 2073 till high of 4293 and retracing back till 2910 just above support levels of 2905 and 39% retracement at 2920 VOID with weekly closing below 2900 NOTE - consult your...
The Nifty 50 unfold the "Contracting Triangle" which is one of three occur 80% in the price chart. One thing is important to remember is that, the wave "((e))" also sub-divide into smaller triangle. Most common relationship for Fibonacci, the .618 but in this instance we have found the two fib. relationship .618 and .786. Fib. relationship: wave ((b))...
BANK NIFTY DAY CHART WITH FIBONACCI RETRACEMENT With Day chart - clearly shows the Retracement level of .618 Moving above is sure shot long
NSE:BANCOINDIA After Jan 2018 Cup & Handle Breakout > 189 After Retracement CMP Bounce from 50 Week SMA Price back in Pitchfork Targets : 226 - 272 - 318 SL: 168 RSI sustaining above 55 Volume Contraction during Retracement
Nifty breached the critical resistance level of 18276 with a strong green bullish candle today. With the next level close to all time high levels, it's time to use Fibonacci retracement tool to find the next possible highs for Nifty. So the next resistance levels (pivots) are 18605,18728 and 20105. The 20k level looks a bit far fetched as of now however the vix...
Current Nifty Scenario Chart Daily Range created with 0-1 level Level 0: 18604 (19th October Top) Level 1:16782.4 (29th November Low) Retracement upto 0.5 level (50% retracement) Level 0.5: 17693.45 Target 1: Level 1.272: 16286 Target 2: Level 2.618: 15656.4 Above: 16915, nifty may move in uptrend
Hindustan Unilever is showing signs of bearishness Reasons/Traits : • Daily Trend far away from 20 EMA • Uptrend is in pause mode • Bearish Harami followed by two shooting stars/inverted hammer formed (Chances of going down) • Since 17 sessions stock did not retrace • Volume is decreasing • RSI and MACD in overbought zone • For a healthy uptrend retracement need...
Nifty 2 hour Chart with Fibonacci Retracement for better Trading opportunity . Any Rise above the Retracement of 50 %. Chances of reaching 18300 is EVIDENT
I have researched this pattern of curve shape retracement pattern if retracement is down within the range and resistance at line now at rally point + ma 200 support stoploss -1090 target - 1230, 1330 ,1400
Long #1000shibusdtperp at 0.07618 keeping SL@0.071809 for the target@0.082217. Price bounced back from 50% retracement and now crossing 25% retracement in 4H timeframe. BINANCE:1000SHIBUSDTPERP
Fantom bounced back from 75% retracement and crossed above 25% retracement zone BINANCE:FTMUSDTPERP
After posting a fresh 52-weeks low of around 198 during March 13, 2020; CADILAHC has seen spectacular run up and in that optimism stock convincingly crossed its previous 52-weeks high of around 536 (July 14, 2017) and registered a fresh all-time high of around 670 during mid May,21. stock has seen decent profit booking from its all-time high and corrected in past...
NIFTYMETAL/NIFTY ratio chart is exhibiting retracement from its pullback from last highs. The ratio has shown successful retracement toward 0.318 Fib level and seems to have successfully bounced from that level. This is bullish development for the metal stocks in the coming weeks. We may see the price going back to the previous high and beyond.
After a bearish order block, SBI card has already about to reach 50% equilibrium price (Fib retracement). As soon as it reaches between 62% and 79% retracement levels. It will be a good shorting opportunity and we can see a bearish rally to next liquidity pool levels marked on the chart. Do share your views on the analysis.
SBI is showing a retracement from the marked up level of Fibonacci retracement 62% (5/8). You can make a target till 38% retracement 367 with 322 SL. The stock will be positive if corona will not impact the market fear. Gann numbers help to provide the Fibonacci chart (1,3,5,8,13,21....). Ratio of these number to each other forms 3/8 (37.5%), 4/8 (50%), 5/8...
Banknifty is in the retracement zone. . Two conditions is possible in this situation. . First it can retracement till .5 level then it will reverse. . Second Banknifty Can give the Gapup Opening on Monday and then it will goes on dip. . We buy on dip CE After 34420 at Safe side, 34410 is a support level . You can give your suggestions in comment box
In the daily chart if we draw Fibonacci Retracement from top to bottom then we can clearly see that United Breweries is exactly reversed from 38.2% retracement level. Take long position guys for the target of 1315.