Everything mention above the chart.. My technical view: Avwap and EMA Long open and long future but the stock unfortunately previously just little bit Gap up did that gap filled that time Ready to Long rally . Now cmp -32.60 coming month end of touch buying zone( 24 to 25) Target- 44.30( waiting period 3 month) Sl- below 22 ( day closing)
Now coming Feb 1st week market 1 or 3 session bull market after market big fall .. Technical indicators reason: 1) 180 EMA taking support Previous Support : 16410 , Currently support:16836 below crossing:180 EMA then big short fall Sl- 17620 (day closing) Target-15420,15322
Nifty last few years lot of Gap up opened, Now every Gap filling ,you check supertrend indicator 30 min time frame.. clear visible
Once all time high break good base formation. Relative strong in current market. Once break on 390 previous supertrend high then huge move 💥
Fib Retracement 100% - 125 (52 week high) Now perfect support 0% - 96.50 Once closing above 50%- 111.40( strong buy) Fib Retracement 1.618 - New target 142.60 Avwap - below 90 or 89 (stop loss)
Fib Retracement 0% -> Take support 539 Avwap hlc/3 -> take support -520.20 Buying Range - 521 to 544 Target - 618 S.l - 508 day closing