Gann fan analysis for Crude. We are in a sort of neutral zone with resistance at 85 and support at 79.6. If 85 is crosses, we will see a good upmove. If support breaks and Gann fan level breaks too, we can see a deep fall as seen in history and marked on the chart.
In 15 minutes chart, we can see the strong uptrend is broken. Stock looks bearish for a few days now. Heading towards 2214. Support levels of 2214 and 2181 are crucial. To resume uptrend, it has to cross 2261. Analysis for self only.
Gold has been forming a Triangle pattern. We got a breakout few days back. Target 44.
HUL expected to take support around 2329. Resistance at 2525
IRCTC hourly chart. Support and resistance level marked. I don't see any significant strength at the moment.
Reverse multiple cups . Breakdown on the cards . Target 1 is 1311, target 2 is 1257
HCC is making higher highs. The trend has reversed after a long time. Buy with a target of 11.65 and a stop loss of 10.2
Stock is bullish as per RSI and price movement in past few months. It sustained above breakout levels. Now target is 725.
Stock is going to retest breakout level. It can be entered around 1733 levels.
NMDC has shown stability in a range and is now looking to move to targets of 145 and then 175 in medium term. Good to keep a stop loss levels of 123 ( SL1) and 115 (SL2). Analysis for own knowledge only.
Multiple cup and handle in Coal India. On breakout, target 157, 167.
Reverse Cup and Handle with reasonable volumes on rise. Target 1 is 8590 target 2 is 8880. Stop loss at 8050. Not a recommendation for anyone. For my own record only. :)
Tata motors has crossed the critical barrier zone of 193-211. Now the target 1 is 280, target 2 is 320 . Resistance strong resistance will be encountered in 300- 320 Zone. If we get a fall, 200-210 will act as a strong support.
We can expect a move to an important Fibonacci level of 2.618 which comes at 30500 for Bitcoin
BTCUSD Hourly chart. Expect BTC to take further direction as per the breakout or breakdown of this triangle pattern.
Nifty moving in the upward channel comfortably. I don't think we need to worry till we are in this channel.
Nifty is moving on a Gann fan line. Till Nifty leaves the line and starts moving below it for a few sessions, no need to worry about breaking of this uptrend. We can easily reach 14000.
If we see the Fibonacci levels, we can get an idea of the approximate Nifty target. If we see Fibonacci analysis as per the period of fall from Feb 2005 to Feb 2016 taken as a base, we see the Fibonacci levels have been important resistance and support levels. 8900 was an important level, then 10200 was also an important level as per Fibonacci analysis...