AB=BC retracement level 0.618 = 1.618 will be the next reversal area. Today bank nifty had breaked major resistance area let's hope it sustains.
COFORGE - Keep an eye , after retracement and reversal could be bought for immediate target of 6300++ EXPECTING IT TO HIT IN DEC 2023 ITSELF
NIFTY on the 1h time frame can be seen making higher highs and lows, clearly showing an uptrend. The market has recently rejected of the key zone between 19905-19842. Fibonacci retracement from the recent swing low to high indicates that the market is steadily heading towards the 'golden zones' (ie. The 38.2-61.8% zone). We can expect the market to continue its...
FWB:NSE : NIFTY Weekly Analysis! Rising Wedge Pattern in Nifty 50 Weekly Chart! Rising Wedge Pattern with Upside Breakout! Nifty 50 is trading at its all-time high, don't be greedy in this situation. We can see the strong upside momentum but hold your horses. We can see, I have applied fib retracement on the current price action(prev high and prev low). Now...
nifty took a retracement in weekly trend line and now preparing for the targets of 22200
As we can despite a strong panic NIFTY managed to show some strong rejection and closed above last ATH. Surprisingly which is a fluke we did discuss that a sharp retracement is expected and we did see that fall the very next day. Now we may expect NIFTY to remain sideways to negative for upcoming trading sessions before finally continuing the rally so plan your...
NSE:IDFCFIRSTB IDFCFIRSTB at important support level which is also 50% retracement from high. Can reach 60-65 by the end of this year.
marked the area interested for retracement in gold after confirmation. just watch. THIS IS ONLY MY POINT OF VIEW.
L&T Finance is a NBFC, having lowest PE in peer group. EPS is on a rise, with June'23 Quarter showing higher every profit. With festival season coming up, the disbursement of funds are expected to be rise and so the top-line and profits. Fib-retracement is an important concept which provides that generally a stock retraces from 0.5 - 0.618 levels, the most...
NSE:UPL got strong support at 50% fib retracement levels and already made couple of attempts to move up. However, there is no sign of strong buyer support. Looking at the fundaments, this is at its best price you can get. Not sure if greedy big fishes waiting for price to slip to next fib level which is at 514.
Fin Nifty Retracement towards 19800 and from their Break down is possible by next week. Hope market will not go down in a straight line as it has to Retrace and only then it can break down for healthier correction. This is my personal view.
ICICI Bank Retracement expected before it can go down. Target : 970. This is my view and Option traders can take a call according to your plan
*The sell signal activates as the Fib Retracement zone gets rejected perfectly in this Down trend at higher Tf*
Hello traders. This is a time to fill your portfolio with Bitcoin and other crypto currencies. I've been saying to buy altcoins for a while now. The reason is simple and quite obvious: 50% Retracement from the current price. I'm expecting an upward push in Bitcoin price after it reaches around the zone of $25-$26k. I'm also expecting a much needed spike in volume...
NSE:NIFTY after retracement now nifty is taking support and ready to go up again we could see in coming days 19900/19960/20040/20100
Educational-----this week bull run but retracement going to happen in two weeks...intraday will earn in CE .as per my analysis .
HCL Tech has perfectly moved up after taking retracement at 61.8% Fibonacci levels along with good volume. Target 1- 1247 Target 2 - 1310 DO YOUR OWN ANALYSIS.
After consolidating for last two years Nifty 50 gave an all time high recently. It seems like there would be an upward momentum, but this idea is an cautionary tale rather than an ask to ride the momentum. Markets has a strong upward momentum and that indicates retracracement is unexpected but is always possible at natural resistance, My analysis is based on...