After BAJFINANCE, BAJAJFINSV is getting ready for RALLYWatch out for breach of 7170 breakout level for upward rally.
Target lvl (7890 plus/minus 1%) also coincides with 61.8% fib extension level
LongFibonacci Extension
Long
Jain Irrigation, Swing trade opportunityHi Guys,
There is an opportunity of swing trade in Jain Irrigation.
Buy: 85.8
Target: 99.8
Stoploss: below 79.8.
Reward/Risk Ratio : 14/6 = 2.33.
According to the Fibonacci extension, the 3rd wave should be around 1.5-1.6 times bigger than the 1st wave, which leads us to around 99-101 levels.
Long
Possible Breakout of Pole and Flag patternDear friends,
The stock had a good positive rally since 186lvl (11/2016) till 390lvl (08/2018) forming the pole of the pattern.
Since reaching the high of 390lvl it has corrected and has found support on near 280lvl (Fibonacci 50%). It has broken & closed above the Fibonacci 38.20%lvl giving a confirmation of the trend continuation.
We can enter in range of 312-288lvl with SL of 275lvl. T1 - 351, T2 - 375lvl.
MLong
Beautiful example of FIB EXTENSIONS!BEAUTIFUL EXAMPLE OF
FIB EXTENSION.
ALL FIB EXTENSION LEVEL ARE RESPECTED
DIVERGENCE IS UNDER-CONSTRUCTION.
Is this scrip getting ready for a huge fall till 865.33 or below???
Reliance Flag Breakout Everything in charts.
Aug CE looks good as July CE will just eat your premium and you might lose money even if target is achieved.
Take calls at your own risk.
Long
Entry and Exit Levels for this Dmart uptrend rally (Fibonacci)Entered at 1441.40 and Exiting at 1644.25.
202.85 points profit estimated at fibonacci level 78.6%.
Short
GBPJPY Shorting OpportunityGBPYJPY Seems weak at current levels which coincides with a horizontal and falling trendline resistance.
Short
Sterlite Technologies Limited- Extreme Price ActionSterlite Technologies Limited is currently struggling near Fibonacci @3.14 Projections. From Past three months, stock is not able to cross Fibonacci 3.14 levels. However as yet there are no sign of weakness or reversal in the stock.
Stock Might consolidate more near these levels.
Support are at 310, 270
Resistance at 360- 370, 430
S
