Detailed analysis given on the chart Indhotel crossed above 25% retracement zone NSE:INDHOTEL
Levels mentioned on Chart High Probability of regressive retracement in EURGBP
Detailed analysis given on the chart Closed above 25% retracement zone NSE:SAIL
1.Fibonacci Retracement at 0.618 2.0.618 is a strong support level 3.By Fib Extension has three target levels shown in above fig.
The key to retracement is 13/21 crossover. We still have 2 downside TGTs pending with extended ABCD pattern.
Inventure Growth Reached Fib 61.80 Retracement Level & Strong Supply & Demand Zone @2.30 Rupees Buy @2.30 Maintaing a Stoploss @2Rupess Education Purpose Only
Confluence: 1. Moving Average 2. Break of Structure 3. Fibonacci golden level 624-630 are the demand zone levels. Once price reaches the zone, wait for candlestick confirmation and break of structure in retracement trend.
Price has broken out of a multi-year resistance line and is retesting the 38.2% fib level. Volume has raised with upward move and has reduced with retracement which is bullish sign.
IPCALAB near fib retracement and long term resistance level with bullish MACD crossover. If the stock closes above 2455 with good volume, then long entry can be taken for the targets, 1. 2560 2. 2650 3. 2780 4. 2880+ with stop loss near 2250. Note: Not a recommendation, just my analysis for learning purpose.
Look at the big red candle where it took support and reversing.If we draw fibonacci retracement one can see it took support at 0.5 and reversed.
A clear breakout and retracement has happened in INOX WIND... This is a great time to enter for a positional Trade... We can expect a Huge buying pressure
BREAKOUT IN INDIABULLS HOUSING AND RETRACEMENT IS DONE
CONCOR: Entry at retracement level within channel pattern CMP 720 SL 685 TGT 820
SHANKARA: Rising from retracement level after breaking out resistance ENTRY 601.35 SL 520.40 TGT 762
The chart of Sun pharma shows a trendline breakout. Good to enter for decent returns (Targets marked on chart). Risk-averse traders can wait for a retracement to the trendline. Most pharma stocks look good for a breakout. Happy trading!
Taking trend line support and is at 23.6% retracement levels from its previous swing lows and highs. A bounce from this level will trigger an up move and any breakdown will weaken it further. Its a wait and watch for any trade to be initiated. FNO Data shows short covering and if there is a follow through action on the same, then expect to go long here.
3MINDIA retracement is happening. Please refer to the chart that have published. I have given SL and Targets for ur reference. Trade safely. This is only my view. My views may turn wrong. If you have any doubts post your comments below. Thankyou.
BATAINDIA | Retracement ot previous breakout - Potentially 20% CMP : 1589 SL : 1490 Target : 1870 Almost 1:3 risk reward setup I dont use fibonocci much, but this stock is currently taking support at 61.8 Level.