This is BANKNIFTY chart on 15 minute time frame. Levels are working as per Fibonacci Retracement. Today it took resistance at Fibonacci level which is placed at 35713. this level is critical to watch tomorrow. And below are levels for this week. Buy Only above 35850. --> 1st Target: 35935 --> 2nd Target: 36108 --> 3rd Target: 36234 Sell Only Below 35645. -->...
#INDIANB MEDIUM TERM VIEW Indian Bank, which made a lifetime high of Rs 428 on 17 Nov 2017, and amalgamated Allahabad Bank with itself, has notched FY21 EPS of Rs 27, which may rise to Rs 30+ in FY22. - The stock is trading in a range - We can see the Stock Accumulation at the Demand Zone. - Trading at 50EMA in Daily TF with 38.20% FIB Retracement. - Keep...
Stride has its own way moving up. Friday 9th of july the stock closed at a price of 773.60 close to one of the critical support that the stock has facerd on daily, weekly charts. The support might be numbered at 771.85. what i believe is that this is a strong support that it has deflected and bounced off in adverse condition a small extension of the selling of the...
Accumulate at level of 60. Potential Multi-bagger.
CDSL gave a breakout on 02' Jul, 2021 and today showed a small retracement. Should retrace till 1026-1024 and then continue the uptrend...start accumulating somewhere around 1026-1024..if it shows a bullish momentum tomorrow accumulate at CMP
Good Sunday my fellow cryptocurrency traders and happy 4th of July... Despite all the negative news going around... Despite all the Fear, Uncertainty and Doubt... All the FUD. Bitcoin Weekly remains positive... Possibly. It is the last day of the week and another candle closes today. We are looking at EMA50. After 77 days, this level continues to hold as...
It's 6 Month Breakout. Also standing @ 0.618 resistance of total retracement. If it gives us pullback from 1979-2000. It's good time to enter and if it continue give us rally and it sustains above 2133-2135. It is still good. if it breaks 1979-2000, fall can be up to 1818-1784. Keep it in watch.
I don't basically trade Indian stocks but for those who do, expecting a 50% retracement. key levels marked to be monitored in lower time frames.
Decent correction from high's 0f 395 has happened, took it sweet time but respected 0.38% retracement. Seems like 5th has started today,showed lot of strength in a correcting market, though volumes were not too high as the move came in the last hour. Bullish candle formed. Keep a stop of 343-345 and go long here. It could give 20% returns and reach 435 next.
As we can a strong Resistance @ 325, was on 15 Jan '18, we can see a retracement. now its in the line P, if it breaks, it can reach R1, which is @ 295 and further @ 304. RSI - 60+, partially strong. MACD gave buy call back on 23rd June '21, its also a good time to enter. MA also cuts, volume is also comparatively good.
Friends it's the break out zone. "Do not miss this" ,The best time to enter in the trade is that after it has mad some retracement. The first resistance R1=35774.00 The momentum indicator is also increasing Volume is also good so, BEST TIME TO GO FOR LONG
It has given breakout from trendline and cup and handle pattern after retracement. Buy above 144 tgt 8 to 10% SL 130. For educational purpose only. Kindly contact your financial advisor before entering any trade.
Axis bank is in clear uptrend. It has given breakout with wide range candle. Better to take 50% position here and rest after retracement. Next hurdle is all time high. keep stoploss and position sizing.
INDIAN OIL CORP.. WATCH FOR AN UPWARD MOVE. BROKEN OUT OF RESISTANCE AND TAKEN A RETRACEMENT. SAFE AS LONG AS IT IS STAYING OUTSIDE THE RESISTANCE LINE.
Watch out: 1. If this correction is Zig Zag then wave B retracement must be less than 61.8 % of wave A 2. If this correction is FLAT then wave B retracement must be greater than 61.8 % of wave A. As we know we have 3 variants of FLATS and each one construction is different. So I think 50 % - 61.8% retracement is risky zone. Please note that - No pattern is 100 %...
EURUSD - Long 1 hr time frame chart Triangle pattern formed and shows retracement. Watch for the break out. Invest & Trade Wisely! Good Luck! *** You can also see my other stock analysis and the results in my profile ideas. Please follow me , If you would like to see more ideas on winning stocks. *** **Disclaimer: I am NOT a SEBI registered...
Look at NSE:MARUTI , it's rallying towards 7500 and 7500. Immediate phycological resistance is 7500. It can rally towards 8000 after a small retracement. I am still holding. It was discussed a few days back.
I am a beginner. Any elliotician please comment if I have done any mistake. I have fibbed target and retracement. Later I will combine it with price action. Macd also supporting upmove. Whatelse can I do in it , please suggest.