CDSL gave a good breakout after consolidation, now its, coming back for a retracement one can keep a watch on it and accumulate at retracement levels.
As per technical analysis , 234 was a breakout and it was covering perfect trendling to give a expected breakout. you can use the fibonacci retracement for this type of chart to get the levels. Breakout also have some resistance in above level which can also be trace from fibonacci. Fibonacci is math term which is a series of number created by doing same action...
#LALPATHLAB - reversal with strong price action - very high and increased demand at the support - 61.80% Fib Retracement - TE INDICATOR gave a BUY SIGNAL at support Levels Marked on Chart on my Tradingview account. ENTRY/ EXIT/ TARGET - Details ONLY AVAILABLE in Premium Service Channel. INDICATORS USED:- 1. Fibonacci Retracement 2. Volume 3. Open Interest...
#BHARTIARTL - gave 61.80% FIB Retracement - trading at 200EMA in hourly - taking trendline support & gave a BUY SIGNAL. Levels Marked on Chart on my Tradingview account. ENTRY/ EXIT/ TARGET - Details ONLY AVAILABLE in Premium Service Channel. INDICATORS USED:- 1. Fibonacci Retracement 2. Volume 3. Open Interest Data 4. Valuation Bands by TradingEdge...
#HDFCBANK - gave 200EMA breakout in hourly with good volume - broke the trendline resistance. - we might see a retracement upto 38.2% Fib Level. Buy on Dips. Levels Marked on Chart on my Tradingview account. ENTRY/ EXIT/ TARGET - Details ONLY AVAILABLE in Premium Service Channel. INDICATORS USED:- 1. Fibonacci Retracement 2. Volume 3. Open Interest Data 4....
NSE:DEEPAKNTR If you analyse that from 5 th may stocks in downtrend ,yesterday it made bearish big candle and if you see stocks now at 0.236 Fibonacci retracement level so it mostly going down its also below 20 day EMA . Am expecting that it ll reach 0 level of fibonacci retracement which is around 1649-52 beacause there is no support in between till 1650...
ISLAND REVERAL PATTERN After significant rise in overbought zone. As long as the gap is not crossed or the peak is not crossed Further upside may not be seen. Immediate bias could be for near term to short term correction before making attempts to move higher above 1091. Upside could be stalled considered the gross under performance of the stock. The March...
The market has provided a nice impulse move towards the upside and came down for a retracement at a 50% of fib retracement on a weekly time frame. Going down to the lower time frame the market has shifted from a 4 hr bearish market to a bullish market. So we took this trade with a good 1:2 risk to reward
#SBIN - facing trendline resistance - gave 50% Fib Retracement from the recent bottom. - TE INDICATOR gave a SELL SIGNAL. Wait for the 50EMA breakdown. Levels Marked on Chart on my Tradingview account. ENTRY/ EXIT/ TARGET - Details ONLY AVAILABLE in Premium Service Channel. INDICATORS USED:- 1. Fibonacci Retracement 2. Volume 3. Open Interest Data 4....
Expecting some retracement downside.Go long after some retracement or buy above the last candle's high if it breaks immediately with a proper stoploss and target as mentioned above.
The daily and weekly shows that the NZDJPY is in a strong uptrend. Going down to a lower time frame the market is in a correction of the uptrend and also using fib retracement the market has exactly taken 61.8% retracement and started to move up.
The market has provided a nice impulse move towards the upside and came down for a minimum retracement at a 38.2% of fib retracement on a weekly time frame. Going down to the lower time frame the market has shifted from a 4 hr bearish market to a bullish market. So we took this trade with a good 1:2.5 risk to reward
#AUROPHARMA - 78.60% retracement done & bounced back up. - TOP STOCK in my BUY SCANNER. - trading at 50EMA Support. Wait for the breakout. Levels Marked on Chart on my Tradingview account. ENTRY/ EXIT/ TARGET - Details ONLY AVAILABLE in Premium Service Channel. INDICATORS USED:- 1. Fibonacci Retracement 2. Volume 3. Open Interest Data 4. Valuation Bands by...
#TORNTPHARM - trading near upper channel; hence the high probability of a reversal - BUY ON DIPS - I am expecting 61.8% retracement from the recent top. Levels Marked on Chart on my Tradingview account. ENTRY/ EXIT/ TARGET - Details ONLY AVAILABLE in Premium Service Channel. INDICATORS USED:- 1. Fibonacci Retracement 2. Volume 3. Open Interest Data 4....
#SRF - Consolidating at 38.2% Fib Retracement - taking support from 100EMA in 2HRS TF - The revenue from operations increased by 40.4% YoY to Rs 2,607.7 crore, while the net profit grew by 96.4% YoY to Rs 381.5 crore, during the quarter. - TE INDICATOR gave a BUY signal. Levels Marked on Chart on my Tradingview account. ENTRY/ EXIT/ TARGET - Details ONLY...
After reading the different views, I realized that the whole TradingView community is bullish on TataPower in weekly and monthly basis. I am a derivatives trader, intraday and positional with futures and options. Here, I can spot a fake breakout on hourly charts on 30th April 2021. Though, it can be due to broader market going down, but there are several other...
Best accumulation zone for ETH/USDT is 2300-2600 assuming it hits 3000 in this upmove itself, and even a retracement from that level will land it in this zone only. Downside capped at hard base of $2,000. Capital(10,000) Allocation strategy- 1000- Buy now 3000- around level of $2500 in the retracement move. 6000- wait for sharp correction and buy around $21-22,00.
Best accumulation zone for ETH/USDT is 2300-2600 assuming it hits 3000 in this upmove itself, and even a retracement from that level will land it in this zone only. Downside capped at hard base of $2,000. Capital(10,000) Allocation strategy- 1000- Buy now 3000- around level of $2500 in the retracement move. 6000- wait for sharp correction and buy around $21-22,00.