Clean Science having Good Risk:Reward ratio(1:3.25). Good upside if takes support after retracing . Breakout and Retracement. In a good Uptrend. Will be investing only if starts to move upward from this level. Fundamentally Strong. Speciality chemical at play. I would appreciate your thoughts on it. PS. - I am not SEBI registered. This is for analysis and...
#Maithanall - Looks like a perfect retracement. expecting a rebound in coming few sessions.
Time to move up now. Sideways to bullish view. Nifty is down with 50% fib retracement and consecutive 5 days fall now time to be sideways or huge short covering next week.
Stock would try to reach first target of 850 according to Fib retracement. It has retraced to the last all time high level and bounced back this week.
This is purely for educational purpose to understand retracement.
Company : MIDHANI Entry Price : 189.65 Stoploss : 170.65 Target 1 : 208 Target 2 : 218 MIDHANI at support zone and stock is oversold, expect a retracement.
Jubilant Ingrevia is ready for the next run after the retracement.
Dixon is ready for the next run after the retracement.
Expecting a small retracement. Lets see if it retraces or not.
Banknifty sitting on 50% Fib Retracement. Once it crosses the level, chances to touch 61% level in a few days, if momentum persists. Depending upon risk appetite can be configured to a strategy for next weekly expiry or the one after that.
Price has completed 100% Fibonacci retracement. Price more likely to move up after consolidation in parallel channel. Take buy position once breakout or bottom price of channel with stop loss for long term.
This is my first ever post and love to read your feedback. This is a 4h candle chart, Support and Resistance drawn using Fib Retracement. There are two trend line one is short term and other is long, in which short term trend line is not much helpful.
#exide #industries Cmp 183.55 Looks good on charts At 200 ema support and 38.2% Fibonacci retracement. Can expect some buying at these levels SL a candle close below 200 ema, 179 Stock Looks positive
As described in the chart, expecting a retracement. Long above: 208 SL: 201 Target: 217+
In the hourly chart, we can clearly see that Asian Paints is taking support at 61.8% Fibonacci retracement. Take long positions guys for longer targets.
Buy above the hammer high with above mentioned target and stoploss.
Fibonacci to retrace the reversal trend resistnance. In this case corona fall and retracement.
As per the charts. It already had a breakout. I am betting on the retracement. Today we also have results.