Fib Retracement show positive signals and volume spikes are in favorable condition. Also Market Cipher is positive and target level look nice
all-time high crossed buy on retracement 31 may 2021
Buy at retracement around 255-260 TGT - All Fib Extensions
Apollo Tyre has again reached historically important levels. Fib retracement is between swing low on Jan 18th and Swing high on March 4th. Aggressive traders can enter above 228. The best next opportunity is above 232, where it can even pull back at least once. Targets are 240 and 260 respectively. News attached : Tyre prices set to increase due to rising input...
as we can see after the 18th march the price took a suppport and went back to the resistance level of the channel so we can expect one more retracement after 18 jun 2021.
The price will retrace till the supply zone and will bounce back to the upper retracement level. BEL can be a good buy in future considering volumes and price according to the EMA crossover system.
Gold against Dollar may give some rest for bulls, for last few weeks this pair have been aggressively bullish, but 1840 area which is very crucial zone for this pair may have some retracement before the price goes up towards 1920 area in the coming month .. Analysis only for education purpose
Vidhyatelelink retracement to support and bounce. momentum is good
cipla is on its major retracement which is 60% if it is taking a support on this surely it will go higher and also forming a traingle pattern
A RETRACEMENT IS ESSENTIAL. Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a recommendation and is for educational purposes only. always follow risk-reward and quantity...
SBI countinue falls and hit the ground to bounce back and using a uptrend by taking support on fibonacci levels as well as by giving respect to trend range. If SBI crosses/sustain the half retracement, It will definety take a Long Position and touches the sky of @425
After a high volume breakout VIDHIING targets decided by fibonacci retracement levels
WAIT FOR BREAKOUT AND RETRACEMENT TARGET LEVELS MARKED ON THE CHART ONLY FOR EDUCATIONAL PURPOSES
A perfect example of how Fibonacci retracement works. If it holds the levels we can see an upside movement and if it breaks we have the downside movement too. Can keep track of the same.
bpcl got out from triangle patter and got his retracement to go first target of 467 NSE:BPCL
Entry: 14030 SL: 13585 Target: 16500 RR more than 5.6
Good entry on a retracement to 635 - 650 levels.
Breakout retracement - a buy opportunity with good risk reward ratio