Follow and Boost the post, Thanks. Based on the 1-hour chart for the S&P BSE Sensex Index, here is the summary and analysis: Key Levels: - Current Price: 73,885.60 - Retracement Levels: - 0.5 Retracement: 75,537.72 - 0.618 Retracement: 75,947.52 - Targets: - Target 1: 75,936.42 - Target 2: 77,260.70 - Target 3: 79,420.46 Chart Analysis: 1. Retracement...
Is Ultratech heading down after touching all time high. ? This stock has be consolidating from past 2-3 months and now finally gave the breakdown with good volume , But wait is it sustainable.? 10000 now looks like strong resistance for this stock and looks like it will further go downwards till 9316 and 9040 as per the fibs retracement level . But over all...
this was my observation kindly give ur thoughts as what is your take on this formation
This graph is of the Sensex, in which there is analysis from the daily frame for the last few days, in which it is known that it was falling down for a few days.Now after getting support, it will return to its full supply zone by next month.
New range for sensex in coming few months with target
Sensex broke the uptrend line and broke down and is currently hanging between Support and resistance. Breaking the support box (Red rectangle) may cause a sell-off Towards the lower Targets.
as we can see we have bearish Divergence with MACD Signal and MACD Histogram and it is at the end of a bullish trend which is happening post corona Pandemic and it can be interpreted as trend reversal and Distribution time now it can be the time for some correction and retraces we have analyzed the daily Timeframe and used Price Action Strategy to find the...