⭕ Positional Trading opportunity ! Weekly Chart Alert !!! ⭕ --Buy above =402.10 or CMP --Target = 499.30 --Stop-loss = 379 --Lot Size = 2000 ...
Bajaj Finance cup & Handle break out post which it was following Elliott wave. Fib Retracement as per Elliott wave is marked. Expecting retracement from current level for price upto 6290 - 6300
There is a strong uptrend in the stock from past few months. Upward movement in prices observed after retracement of price in upper highs. RSI levels is currently at 71%. This stock will hit 400 levels as per trend based fibonacci extension tool and Fibonacci retracement taken.
Hi All I have shared the banknifty retracement levels. One can take it as reference . To do the trading use your own strategy as bank nifty is always high volatile . Retracement levels are 40-80 %. If bank nifty goes to nearby 80 % than clearly it will be trend reversal and banknifty will go again in upside.
BHARTI has finished a fib retracement and has now broken an important trend-line. Go long in the stock. There are double confirmations in the stock. Higher highs, higher lows. Fib retracement complete and breakthrough from a trend-line too. Absolutely perfect! Please like and follow. NSE:BHARTIARTL
I HAVE DRAWN AB=CD PATTERN NOW, AS RULES SAYS IF LOWER SUPPORT IS AT .618 UPPER RESISTANCE MUST BE AT 1.618 THEN, I CALCULATED POINT A TO B IT WENT UP 93.30 RUPEES. THEN I CALCULATED .618 RETRACEMENT OF THIS AS 93.40 X .618 WHICH GIVES 57.9375 LETS TAKE IT AS 58 NOW STOCK HAS ALREADY FALLEN 47 RUPEES AS SHOWN BUT HAS TO FALL TILL 58 APPROX AS SHOWN THIS COMPLETES...
This Chart gave a breakout sometime back. Now again looking at chart it seems little interesting to me. I will post few different views that I found interesting. Lets start with weekly chart. A hammer on weekly chart means someone did push this stocks price up. but it may be a fake signal as well so adding to this i will show another view with the help of...
Tata Motors is holding higher levels in daily as well as a one-hour time frame. . Reason to Buy : 1) Healthy retracement at 0.236 fibo levels. 2) Major breakout in the daily time frame. 3) Holding higher levels and forming pole and flag patterns in a one-hour time frame. 4) Retracing back to the previous halt level (Purple-Box). . Safest entry-level at 155.25. I...
Main trend is in flag pattern for up trend ... we have to wait for retracement .. Sub trend in short .. we can for for target to retracement zone or strong support line.
Note: This is for educational purpose only There is a bullish engulfing at 61.8% retracement of Fibonacci series. Usually 61.8% retracement acts as a good level from where price usually bounces back based on price action which here is bullish engulfing.
Dow jones Fib Retracement is around 0.618 fromt the March lows. now you may be saying why are you publishing dow index when our main index is Nifty50. just to show that the dow is coming out of bear market and we are not have come out of bear market. we are at the retracement level of 0.38 to 0.40 which means we are way behind global markets. so what does it...
HAVELLS did 61% retracement of its fall and took resistance at exactly 38.2%. Now it is coming to same low levels from where retracement started. HAVELLS can be good candidate for short below 455 on Tuesday. If market turns out weak on Tuesday then it will one of the high probable trade. Price action is very simple to understand and main focus is price/patterns....
Asian Paints after completing its 5 Elliot waves is nearing its 50% retracement levels at 1650. a possible bounce of 10-15% expected from the retracement levels.
This pullback can push price 9066 up to easily. At a,b and c of 50% retrecement zone from where price started to move downward. Value area with 3 control lines has plotted on parallel channel. The control C1 and C2 is stronger than C3. Value area is predicted by price and control price. There is more chance to continue to fall. Nifty is...
According to my view USOIL is at 61.8% Retracement (correction) in Daily candle closing basis. This is based on basic technical analysis with support and Resistance/Supply & demand using Fibonacci Retracement as an entry level and Fibonacci extension for target level. As per my view it will reach to 32.90$. As we know USOIL if spot price for crude oil futures in...
Asian Paints will see a retracement tomorrow(roughly 50% on the Fibonacci retracement levels) which is around 1713. Post that, it will bounce back to the resistance level of 1760.
1. trend based retracement and short term retracement looks like further depreciation in rupee weekly close above 72.40 then T1 73.80 T2 74.50
NIFTY is moving into retracement mode after huge fall due to profit booking as per short term analysis (1 hours chart). Post retracement, NIFTY expected to fall again, I will share those information once below target is reached. Target 1: 11458 Target 2: 11507 Target Date : 29th Jul, 2019