looks like btc has found some good support the the short term 1/1 gann, if we keep bouncing and break the 0.618 fib there at 6700 we can go to o.5 fib at 7200, where we also have the 2/1 down trend gann taken from the 20k top.
Southbank is resting on the support zone from where it has been picked to form higher highs in the recent past. Keep under observation or invest for long term perspective. The same levels have earlier acted as resistance and have now transformed into support.
Hey Everyone! A small market update about what has been going on lately and what may happen later. Ever since NIFTY BANK broke its two month long trend line upwards on 15th of June(Friday), the index has been seeing red till 20th of June(Wednesday). Ever since that trend reversal, a bullish parallel channel has formed. It is shown with the blue dotted...
the trend line and the price level should probably hold here
good support here for gifto should have a small run at least.
we have a good support here, this should be good entry with a stop loss below the fib.
if we bounce here, which is more possible than not, i expect the price to go up to 13500.
i think the stock has shown a good run now its time to pause or rest a bit thus may see an uptick on monday in the first half but can be possible to see a good profit booking in the counter !!!! well thats what i think , not necessary market behave the way i think !!!!!
the least we could go from here is near the 2300 zone where i have my 0.236 fib, i really think the price would not go below that level.with some good number of hits at this level we might most possibly bounce here, giving us a hope of a double bottom bounce.
In weekly, price at horizontal support, it should bounce from here and resume its uptrend. sl - 1485, tgt 1 - 2060
In monthly, price bounced from the ascending channel support. with sl - 2719, tgt1 - 3390, tgt2 - 3550
In weekly, price bounced from the trend line support. it can move up to horizontal resistance. with sl - 478 tgt - 620
In weekly, price at horizontal and trendline support. In daily, price showing strength, recently it closed above upper BB and upperBB is starting to move up. with sl - 305, 1st tgt - 385
cmp - 253.65 In weekly, price at horizontal support, in daily regular bullish divergence seen at horizontal support zone. with sl - 239, 1st tgt - 299
NSE:TATAMOTORS reversal from major support and rsi divergence
Twizzer Bottom and also reversal near support. 581 is the 365 EMA. If it crosses 581, then we can long it.
Levels mentioned in the chart. Do your own analysis. All the best. Education
Stock has been in a strong one way downtrend. Currently near a support zone of 1125-1130. This zone is quite important. There is 1:1 harmonic completion in this zone. Also 38.2% retracement of its bull move from 600 to 1450 falls in this zone. I am not expecting complete reversal, due to enormous strength in the current downmove, but a relief rally that could...