Get started
R R KABEL LTDR R KABEL LTDR R KABEL LTD

R R KABEL LTD

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

RRKABEL trade ideas

R R KABEL LTD S/R Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:RRKABEL
by zenthosh
1
RRKABEL: Unlocking Potential with Key Fibonacci Levels!Technical Observations: Pattern Identified: The stock appears to have completed an extended Corrective C Wave in a larger Elliott Wave framework. The price has retraced to a critical 127% Fibonacci retracement level around ₹1,427 - ₹1,420. Price Action: Recent candles show a rejection from the extended retracement zone, indicating buying interest and possible demand resurgence. Buy Zone: ₹1,420 to ₹1,462 (C wave bottom and retracement levels). Targets: First Target: ₹1,652 - ₹1,629 (Prior resistance and 50% Fibonacci retracement of the corrective wave). Second Target: ₹1,862 - ₹1,921 (Upper range derived from Fibonacci extension and historical supply area). Stop Loss: Below ₹1,371 (To manage risk in case the retracement zone fails). Learning Points: Elliott Wave Principle: The corrective C wave typically marks the end of a bearish cycle and the start of a bullish phase when aligned with key Fibonacci levels. Demand Zone Confirmation: The 127% Fibonacci level often acts as a deep retracement point where demand overtakes supply. Low-Risk Opportunity: Buying near the C wave lows offers a favorable risk-to-reward ratio, supported by a defined stop loss. Reason for Action: Rejection at Key Levels: The bounce from the retracement zone confirms strong demand. Upside Targets: The targets are aligned with prior resistance and Fibonacci projections, indicating a potential breakout and trend continuation.
NSE:RRKABELLong
by LiveTradingBox
🔥 Unleash the Bullish Beast: RRKABEL Edition! 🚀Brace yourself for a financial breakthrough with iBull Ventures' latest trade revelation. 📈 RRKABEL is our star pick, boasting a jaw-dropping Risk-Reward ratio of 1:5! 💹💰 🌐 Why we're buzzing about RRKABEL: 🚀 Wired for success in the electrifying tech domain. 💡 Our market crystal ball reveals a journey to amplified returns – your golden ticket to financial euphoria! 📊 Ready to ride the lightning? Uncover the trade secrets and turbocharge your portfolio!
NSE:RRKABELLong
by iBullVentures