TATAMOTORS price broke up, should we buy now ?I am going to buy some TATAMOTORS now having a price target of rs.355. My stop loss have to be rs. 315.
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This is not a financial advice.
LongFibonacci Retracement
Long
XAUUSD (GOLD) Sell Setup (Target Range 500 Pips)Pair Name : XAUUSD (GOLD)
TimeFrame : 4Hrs
Direction : Short
Type : Swing
Target Range : 500 Pips
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Short
GESHIPPING Bouncing off at SupportGESHIPPING has formed flag structure at the support/resistance zone of 375 and has broken out of the flag. Also, this zone was previous resistance and has acted as decent support this time. 375 zone is also the 61.8 Fibonacci zone of the bigger range. The stock has found support at confluence of multiple technical indicators and has exhibited bullish candle with volume on Friday, 17 Sep. We are bullish on the stock and can expect it to touch previous highs of 440 and ATH of 480.
Long
Expanded Flat or Irregular Correction IdentificationMost common found pattern. Its temporary pause to extended rally.
Key to identify this pattern is rejection after breaking wave A start.
Always look for very smaller margin rise above start of wave A.
C wave is sharp fall to reach 0.382 Fibonacci retracement of rally.
All other details explained in chart. Comment your doubts.
Education
BTC BUY 1. Cassure et reste du niveau cassé + théorie de Dow
2. Niveau 61.8 fibo rejeter
3. SL niveau Fibo 0.786
4.Tp 1 les 52 000
5.Tp 2 extention Fibo : 0.618 ou les 60K
Attention on fait attention à la lecture du volume lors de l'approche des 52k pour ceux qui visent les 60k ou le niveau de Fibo extension 0.618
Attention à votre money management (actif hyper volatile)
Long
ADANIENT : Swing trading opportunity!NSE:ADANIENT has given a breakout of symmetrical triangle pattern and currently retraced to its breakout level. The stock has also taken confluence of support from previous resistance level and Fibonacci 50% retracement level. The stock looks good at CMP with minimal stop loss and maximum reward. This is a little risky bet but looks good to me. If you notice the stock has also formed kind of W pattern.
DISCLAIMER : This is not a call. The analysis shared is just for educational purpose. Please
Long
Price Action and Fibo SetupStock have given breakout with above avg. volume.
The candles which have formed in last few sessions are bearish
but looks weaker as there is continues decrease in volumes.
This means sellers are not that powerful at these levels now.
While using Fibonacci, applying top to bottom, I see that it have tested 0.61 level.
Which means there's high probability of trend reversal.
Yes, it's strong fibo resistance and hard to break it with first attempt.
It did took resistance and now retraced.
This sm
Long
PEL swing tradePrice has been consolidating around the 38.2% - 50% fib range/ 21 and 50 ema. It has even formed a triangle pattern. MACD and Stochastic RSI are signaling buy. A strong close above 2700 would be a good buy confirmation.
PLong
Strong breakout and retestStock broke out from multiyear resistance zone and now trending in blue sky zone beautifull retest of breakout & now stock will start its upward journey. Always Do your own research before investing
CLong
AUS/USD SHORTIts seems bearish as it retraced back from 0.5 fib level and as clear from COT data lot of short positions are formed, during pullback, t get the good price , a very traditional method of pyramiding , target can be last low , it can move further as well.
Short
Happiest Minds looks bullishCan buy at CMP for short term gains. Target 1580
Study: Fibonacci Retracement 78.6% level Support.
Long
DLF: Chart view and trading strategyDLF
Observations
- Stock has done a 76.4% retracement of the fall from 359.25 to 303 levels
Given the set up one may consider to sell DLF
F&O strategy
Consider Bearish Call spread
Sell DLF 350 Call option around 11
Buy DLF 370 Call option around 5
Net receivables in strategy 19800/- per strategy lot (yield potential around 20% till expiry)
Be cautious if DLF closes above 346
The strategy has Inbuilt loss protection for a rise up to 356 till expiry
Take care & safe trading..!!!
D
Short
Respecting the zones Grasim has been respecting the trend line for a while now and when combined with fibonacci it has given good results. those who have entered at the low of the trendline can book their profits now.
jswsteel moving in downward channeljswsteel looking weak and wave "v" will start
more weakness to follow below 675
in short term wave "v" target 650--620
Short
BEST PLACES TO LOOK FOR HIGH PROBABILITY TRADESHere are a few setups that I use in my day to day trading. They work well in all the timeframes and in all types of markets.
I am only showing bullish scenarios due to space constraint but one may also look for bearish scenarios which work in the same manner. Like Down trendline or Downward sloping channel; downward sloping MA; breakdown of a range; and price retracement back up to 50% of the down move.
Sometimes these setups also work in collaboration with each other. Like price pulls back to
Education
TATA COFFEE - Channel Breakout. NSE:TATACOFFEE
TATA Coffee has given a breakout. Buy above 220 for target of 240.
TLong
Long
QUICK AND DILIGENT ANALYSIS ON BERGER PAINTS !!!Notable points:
1.Stock is taking support at major weekly trendline support area, also same zone is a previous resistance which turned into support now.
2.The stock is at 50% fibo support and seeing some buying interest with formation long lower wick candle at the support.
3.The stock is almost bottomed out in RSI , thus can expect a bounce from this area.
4.The stock was in a decent uptrend and did a long consolidation therefore probability of bounce from major weekly trendline support is high.
Long
Banknifty towards 36k in wave 5Wave iv was complex wxy correction and found support 0.618 fibonacci level of wave iii.
Wave targets 0.618 of wave i+iii 36034
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
Long
NIFTYMETAL/NIFTY Bounces from 31.8 Fibonacci Retracement ZoneNIFTYMETAL/NIFTY ratio chart is exhibiting retracement from its pullback from last highs. The ratio has shown successful retracement toward 0.318 Fib level and seems to have successfully bounced from that level. This is bullish development for the metal stocks in the coming weeks. We may see the price going back to the previous high and beyond.
Long
Pole and Flag in ULTRACEMCOULTRACEMCO has made a beautiful Pole and Flag Pattern on a Daily chart. In addition, it has bounced off perfectly from Fib. 50% levels with good volumes.
Good swing candidate for a target of above 8000 with a nice risk to reward ratio. May enter after the break of Flag
Long
Tatamotors Flag and Wave 3 start Good Risk Reward ratioTatamotors Came Up from recent low with heavy volume.
Retracement happened near 0.382 fibonacci levels 281
Looking Good for start of Wave 3 towards 315 as 1.618 fibonacci extension
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help
Long
GBPUSD in ascending triangleGBPUSD in ascending triangle
breaking of pattern will give good direction move
