Garfibres (Textile is picking up) & Respecting FibFollowing the ascending triangle, can break out
Macro market may fall...
Respecting Fibonacci.. So trade using Fib levels...
Please give feedback
*Educational purpose..
Trade ideas
Garware in Triangle PatternMoving in Triangle pattern in hourly chart. Volumes are good. Can reach 2790 and beyond that can move towards 3100-3300 levels.
Expected Breakout Garware Technical Fibres, making a Cup n Handle pattern at the top of upmove is expected to give breakout and reach All Time Highs, once daily close is above 2250. Expected target is 2600-2630.
Not a recommendation, Do your due diligence.
#GARWARETECHFIBRE trading near resistance . Keep on RADARGarware Technical Fibre had attempted to break the resitance of 2200-2300 level. Now trading in the resistance zone. Anytime it can shoot up.
watch for range breakoutbuy above 2050 in intraday. or 1-2 days view. with strict sl.
For swing day closing above 2050 is important.
NSE:GARFIBRESDISCLAIMER : . I am not a SEBI Registered analyst.
All chart analysis I publish are educational and information purposes only
Garfibres LongTrendline breakout can happen above 1870 levels. Immediate support at around 1800 levels.
Garware Technical Fibres Ltd. 1d chart - trading on trendlinekindly enter trade once u get a proper reverse or breakout and keep strict SL, Support my views if you find this helpful
GARFIBRES buy @ 2000 (3% Risk and 10% Reward)Long trade formed in GARFIBRES:-
- 1 day time frame bullish engulfing pattern formed - 21/OCT/2020
- Swing retracement is 0.618 it is a golden area for take a long position as per fibonacci.
Buy if price crosses above - 2000
Stop loss - 1935
Target - 2200
Pls Note:- Only for educational purpose and demo trading.
#GARFIBRES WEEKLY CHART VIEW!#GARFIBRES WEEKLY CHART VIEW!
Shooting star formation clearly visible on the top of the current up trend.
Technical parameter are positive and strong.
2090-2250 should consider as support and resistance range.
Weakness below 2085 can try to test 2050-2030-2025 on the lower side.
One Right Trade's Swing Trade Idea #157 : Long on GARFIBRESThis is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
Multiple Bullish PatternsMultiple Patterns, Stock in uptrend, Trending above previous resistance. Lets see whether it follows study...
Garware Technical Fibers Ltd. Garware Technical Fibers Ltd.
Sharp up move positive move halted now.
Technically intraweek negativity clearly visible.
Weakness below 1800 may extend intraweek negative move further on the lower side. 1850 -1900 are important short term resistances for the price.
BullishIn down move may find short term support at 1765, depending on the time of entry, resistance will range from 2000-2030
