Naveenpothiraj

Naveenpothiraj

Tata power looking good ... it breaks trend line..MACD also positive .. based on fibo extension..target will be Target 1 - 240rs Target 2 - 260rs Note : This is only for educational purpose, do your own analyze before trade .

Naveenpothiraj

Most important method to trade... fibo is powerful tool ..use it wisely..

Naveenpothiraj

Wockhardt done restest ...wait for bullish momentum candle ..then enter ..stoploss below the trendline .. Note: This is only for educational purposes.. Do your own analyze before trade !!

Naveenpothiraj

YesBank looking for break out !!! wait for breakout, based on market movement take you positions.

Naveenpothiraj

Yesterday (04.01.22) hanging man formed in wipro at al time high level..and also today strong down move observed.. it might be a trend reversal .. time to take short position.. NOTE : This is only for educational purpose.. do your own analyze before taking trade

Naveenpothiraj

tested monthly support level for 2 times. and also created double bottom. wait for weekly level breakout and also pullback.... 1st target 290 level 2nd target 310-312 level. NOTE: This is only for educational purpose..do your own analyze before trade.

Naveenpothiraj

At the level of Rs.813 Strong monthly support spotted (Red line). previously 3 times down trend got reversed at this level. this is the key level , at the 4th time price got rejected in this level ,We can clearly see long bullish wick . Also broke recent trend line and looking for up move. If this price broke Rs.895 (daily S/R level) get ready for entry . Target...

Naveenpothiraj

a strong retracement ahead !!! At the price Rs.240 has following confirmation for strong retracement zone... 1. It act as Strong support ( in 1day time frame). 2.It acting as trend line. 3. finally 61.8% level of Fibonacci. If the price reaches this level (rs.240), wait for confirmation candle .then enter into it, before that do your own...

Naveenpothiraj

Quickheal is ready for breakout ...it can reach frst monthly support level at 265 to 270 range ..then if monthly support level broken,next target will be 315 to 320 range...

Naveenpothiraj

Wipro touched all time high today(30 dec). May be it can break the high level and create new high ..or else it may fall and take support and again it will try to set new high.