Reason For First Bullish 1. Inverted Bullish Hammer 2. Fake Bearish Spinning Top wgich make the retracement towards the Nearer Resis 1937-40 Reason For FALL/SELL 1. Double Top Formation @ 1940 2. Obey Strong Resistace and trend lINE @ 1940 3. Symmetrical Triangle Breakout Over Sell region Expectecd Over Possible Outcomes XAUUSD SELL @ 1935-40 SL 1955 TP...
Bhel in the day very good retracement and crossed the 143 resistance and closing with very bullish. The first target is 159. Next target is 185
Normally the exchange related stock are positive correlated. BSE already at roof. So, the question is can CDSL do the same? Technically 1. CDSL has given a flag & pole breakout on 8th Sep' 2023 after nearly a retracement of Fibo 0.68 2. RSI creeping back to 70 on weekly charts. Thus, showing a very high strength by the bulls 3. Positive MACD with gaining...
IDBI Bank gives breakout after 13 years with high volumes on daily timeframe. stock has give resistance from last 13 years from trendline and now give breakout with high volumes. stock have good potential to give good return in upcoming days. wait for some retracement and enter somewhere around 65-67 level. Current Price = 70.85 1st Target = 90 2nd Target...
Hello Traders, Sharing the weekly chart of Coal India, there is a breakout happening from an important resistance zone in the stock & also a cup-n-handle pattern is being formed in the chart from which the stock has given a good breakout with heavy volumes. The stock has moved in good strength this week one can make an entry at this point also but a retracement...
Nifty CMP 19824 We are at 76.4% retracement level. (19810) Risk Reward Ratio looks favorable to sell. One may consider to sell Target 19680 SL at 19860 These are Nifty Spot levels Disclaimer -The view expressed here is my personal view - Past performance is not a guarantee for future predictions - I have been wrong in the past and can be wrong again in...
After sweeping liquidity multiple times it has reversed now and we can expect 9.8% upmove Refer chart for details Pair : Btcusdt
Now that something has started on BCG..... I am going to the Daily chart to see the current moves on it. If and only IF I consider the entire fall from 37/ odd to 13/ as a SINGLE wave down, then the Retracement MUST go upto 78.6% RISE of this entire fall towards between 28/ to 31/ apprxx. We sustain this upmove above 31/ for a few days and the Bottom should well...
CG POWER stock move upto 443. stock is moving ahead and and above EMA34, So stock is in strong upmove so before retracement it will touch 443.
US100 has created a lower low below 14976 on 6th July, in an continuing uptrend and now retested the fib. retracement level before reversing and start a DOWNTREND. Thus, prepare yourself in advance and maintain your positions tight. Good Luck
Britannia Double bottom breakout Flat channel breakout Rsi abv 70 First time rsi closed abv 70 after 70 days Unwinding from 4600-4700-4800 calls Positive divergence Getting ready to check 38.2% retracement May be 61.8% too
Natural Gas has already completed its cycle of 5 upwards moves and then downwards. This has already been discussed by me in my previous discussions. Providing Links. Now the counter waves ABC are already complete. If yesterday's low is not broken or if broken and regained after retracement, nothing to worry at all. 3.6 is on the cards very soon. Still two days...
Colpal looking good again to touch all time high with support of 1920.. Stock has rallied good and now showing retracement for another round of upside ...
The FASP for BankNifty is listed for 07-09-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
The Journey of LIC's Stock Price: LIC, one of India's most prominent financial institutions, made its debut on the stock market with high expectations. However, like many newly listed companies, its share price experienced a significant drop over the span of two years. This decline was disheartening for early investors but not entirely unexpected in the world of...
Breakout and retracement completed Above EMA40 RSI above 60 and rising Favourable risk reward ratio
19600 has been a resistance and also 2.618 level acquired from tracing fall during COVID 19 and applying FIB retracement to it. today on 6th Sept 23, after establishing a strong support at 19490-19500 (during sept 1st week) NIFTY finally broke 19600. looking at the channel break during last week of August 23, I personally think we might touch 19991 or even 20000...
Please wait for third candle of 1h means after 12:05 preferably 1:15 make a decision. Reason to consider is that you can see it has almost completed retracement of previous swing and if have to remain bullish, this is the only place.