price moving near 3 year resistance with high volume, currently stuck in range between 587-592, wherein 587 acting as strong support. High momentum could be expected above 608 and could reach 720 after breakout only. levels based on support and resistance only. personal views, DYOR!
Based on resistance and support levels, price breaking parallel range above 2 year resistance supporting rejection and retracement. further upward move is expected ( if price stays above 2164 ) to 14%-15% price apprx. 2500. *only checking buying position, no short selling !!Personal views only. please do your own research!!
Let's go back in while, price seems to be rejecting at resistance level back in 2018. we see a huge fall after 2018 falling as far as 79%, price is rejected at support which was formed back in 2014-2015. Moral of the story : we check history to forecast present!! Some Ethics : 1. resistance breakout after long span of time (3 years) 2. target identified as...
just random analysis based on support and resistance based on psychology.
1) All time high @ 100.85 2) Range 93.55 to 96 seems to be strong selling zone with small support(acting resistance) range 86.65 to 87.95 3) Strong resistance range 81.42 to 82.55 since all time high in 2016 and breaks the level in 2023 4) Hammer of 4.5% forms in weekly frame taking long position with target of +3 points in coming week Expectation : - If target of...
day high target on COLPAL after rejection on support along with matching low candle.. testing only views are personal and not advise. DYOR
Retracement from day high, reversal on fib, target day high. We can see frequent buy sell on the same level at 165, amazing war between bulls and bears, let's see where it goes Follow the Ethics : Do your own research!!
Retracement from day high, reversal on fib, target day high. We can see frequent buy sell on the same level at 165, amazing war between bulls and bears, let's see where it goes Personal view only, DYOR
Points of Ethics :- 1) Strong selling at level 441 if price Falls below this level lower level AT 408.30 can be seen and also we have strong buying area at the same level AT price 408.30 so we can see another reversal for the price to move near resistance around 496 to 517 2) If the price does not cross 438.40 then we can see further reversal and we can go...
multiple rejection at the resistance range 777 to 770, can be a bearish week for this stock, lower level at 757 can be seen this week if price breaks below 770
trading based on rejection, just a try to see if it works..... lot of mistakes but still working on a strategy yet to be uploaded soon.
Trade based on fib retracement and trendline on daily frame and 1 hour frame, previous day high-low is the target
downtrend formation with huge volume rise on negative side, price running against index gets breakout. Stock price working against Index might see a divergence. next session could give good result if support breaks, chances are Nifty may rise but may be stock pulls down as Nifty already has multiple hurdles to cross if it goes up.
Analysis based on price action to figure out how price reacts along with option chain, multiple pattern formation, tried to test Elliot wave too, retracement levels marked as per fib retrace, day low considered as strong support along with 2 resistance level as per Fibonacci. Candle stick analysis. Also used volatility index to figure out the movement of the...
trend breakout, pattern identification/short selling based on OI change and volume
averaging used to figure out the open price, let's check where it goes..
averaging used to figure out the open price, let's check where it goes..
expected levels based on average price, pattern breakout