The FASP for BankNifty is listed for 11-04-2023. 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...
A hidden bullish divergence is a setup where the indicator forms progressively lower lows at the same time that the price is forming higher lows.
Here in tata motors daily chart same has happened.
- price has been in consolidation or has performed a pullback from an uptrend,, indicates that price still has some upside momentum and that any pullback is more likely...
Here we had shared possible Elliot wave counts of Dogecoin on daily time frame aligned with hourly time frame.
Which is indicating that possibly we are unfolding fresh leg of impulse as a wave 1 of bigger degree wave (1) of one more bigger degree ((3)), and inside wave 1 we had unfolded subdivisions as wave 1-2-3-4 and possibly we have started 5th of wave 1 it may...
From 16914 wave (c or iii) is in progress and from current high 17638 there is a possibility of one retracement towards 17467-17361. But one should not look for selling for that support range because its against the wave (iii) trend so safe strategy is to buy when it comes in the support range for the target of 300-495 points. If Nifty trades below 17361 then only...
Following same previous downtrend channel, Nifty managed to close above channel midpoint. I will go long on retracement and carry the same long position for next week if Nifty does not break support / if target is not achieved. Again, I will take no more than 20-30 point SL and will avoid taking trade if Nifty behaves otherwise. Thank you!
The scrip faced resistance at
- 50% retracement of the earlier 5 wave down move
- near 4th wave of the 5-wave leg
- Channel's upper end.
Is this stock ready to touch the lower end of the channel - which may coincide with larger 4th wave ??
Let's see how this develops....
The scrip has faced resistance at
- 66% retracement level of the earlier 5 wave down leg; and
- falling trend line from the highs
RBI policy tomorrow, may help it to get back to 169-170 odd levels to complete the structure.
We would be keenly watching this scrip for next leg down.
Let's see how this develops.
Nifty is now in overbought zone and needs some correction for i.e. upto level of 23.6% or 38.2% Fib Retracement
if open gap up
Short Nifty @17590-17645 SL 17673
Target 17470-17430-17340
CMP @17557 April 05, 2023
Chart by CA Savita Rehlan
Nifty has been clearly operating in a parallel channel for quite a while now with now it being close to the top end of this channel.
If one checks the Fib retracement for the recent swing high and low, then we can also see that it has retraced to 61.8% of its recent swing high and low.
Does it mean it is a short here? No. We have to wait for PA to develop as a...
The FASP for Nifty is listed for 05-04-2023. 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 FASP for BankNifty is listed for 05-04-2023. 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...
AUDUSD stays within a three-week-old bullish channel, poking the upside hurdle, on the RBA day. It’s worth noting that the 200-EMA adds strength to the top line of the state channel, around 0.6815-20 by the press time. Given the firmer oscillator, the bulls are likely to keep the reins. However, a clear upside break of the 0.6820 hurdle becomes necessary for the...
Nifty on daily time frame is currently sitting on 50% retracement level of the move from June low to Dec high. On daily time frame it is also showing positive divergence in a similar fashion which it has shown on earlier instances of short term bottom formation.
It is also in a falling channel and price is currently at the bottom of the channel and possibility of...
The FASP for Nifty is listed for 03-04-2023. 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 FASP for BankNifty is listed for 03-04-2023. 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...
this stock get some retracement and get boost
if it is happened parallelly nifty 50 also move in same manner
S O , Traders you can login two options at a time for long
look at this idea.
