The most recent bull candle bodies are growing stronger day by day . The 200 SMA had been an important support for a long time . 10 SMA can provide trailing stop to the bulls. The MACD histogram is rising and indicates upward trend . The MACD line has crossed over the signal line . Wait for it to come above 2 and the momentum may pick up . The 10 SMA can be used...
As observed in the chart the price is above its 200 SMA after long period on consolidation. Significantly important triple bottom pattern is also visible on the chart. This is an important support level to note. Taking some clue from the chaikan money flow . It can be observed that the readings is above the zero line . Volume supports the rise in price and so...
In the chart analysis, the linear regression channel developed by "LonesomeTheBlue" is being utilized. Currently, the price is attempting to breach the upper boundary of the channel. A close above this line today could provide further confirmation of a potential breakout. Despite this, the downward-pointing red arrow suggests that the downtrend prevails,...
The green candle stick is rising with confidence . It is trading above the resistance line generated by linear regression . The price is well above the PTT bands . The fibo retracements show important levels to watch for.
The samrt money concept indicator on tradingview provides support ranges. The price is inside the support area with candle stick pattern yet to provide any of demand. The price is considerably away from its SMA 200 indicating weakness persist.
The price still remains between within the body of the last bull candle and is above the upper band of the linear regression line . The Fibo retracements help to mark the important levels as seen in the chart . STOPLOSS : 1477 for longs
The Linera regression line upper band is where the price is today . It may act as a resistance levels or a breakout level. The elliot wave counts is as seen on the chart and it show completion of the 5 waves followed by retesting important Fibo level of 546.20 . The Fibo retracement provides levels are important to keep on radar. The support levels where the...
The chart shows recent implusive decline in 5 wave as seen in the chart. The price is trading above Progressive Trend Tracker created by KivancOzbilgic, that indicates strength to the bulls. The GANN square of 9 provides important resistance and support levels as observed in the chart.
The Samart money concept by LuxAlgo provides bluee area indicating support zone while the red area been the resistance zone. The Progressive Trend Tracker by KivancOzbilgic gives us a band on blue and red line which is a well modified version of bollinger bands. Price above blue line triggers the buy signal. We observe that the price is well above the blue line....
TATA TECHNOLOGIES LTD is looking for support at 1020. The GANN Square of 144 provides important support and resistance levels. The lines are running horizontal and vertical providing important levels. The GANN fan provides important intersections providing important levels to look for. The GANN square of 9 provides support at 1010 and resistance at 1060 - 1110...
HDFCBANK surge well above both the lines of PTT and the LUCID SAR supports are tightly placed . The Smart Money Concept show the support area in blue and the resistance area in red. The GANN Square of 9 provide valuable insights on the near term support and resistance levels.
Progressive Trend Tracker by KivancOzbilgic is a modified bollinger band indicator which creates buy signal once the price crosses the the blue line from below as observed in the chart. The price breakout is clearly observed. The candle sticks near 933 showed clear reversal and triggered a buy signal on break of 960. The Smart money concept created by LuxAlgo...
AARTI IND : The SM 200 is observed in the chart as yellow line. The price above the line provide trend reversal signal. SInce than the prices have moved swiftly. The horizontal line is likely to act as the new support level at 572. The retracement from the peak of 1009 to 438 gives us the important levels to look for and the same is visible on the charts.
TATACHEM : A triangle chart pattern is observed to be in formation and is shown by the converging lines. The fibo trend projection starts from 876 to 1110 and placed at 935. The projected levels are observed on the chart. The swing indicator marks the support and resistance level as seen in the chart.
SBICARDS : An implusive wave is been marked from low of 495 and completes at the peak of 1138. Since than the corrective wave had been in progression and now the triangle pattern appears to be complete. The triangle is marked with a-b-c-d-e as observed in the chart. The FIBO time is used and the orange vertical lines can be seen on the chart. FIBO trend...
NIFTY PHARMA index shows very interesting FIBO retracement and FIBo projection confluence. The FIB retracement is drawn from 11542 to 16385 shows levels of 15242 - 14535 , while the projection from 11542 to 12688 and placed at 12040 shows projection of 13236 - 14550 - 15994. The FIBo level for both meet near 14550 indicates strong support area. The Eillot...
HDFCBANK: Eillot wave counts are as seen in the chart. The implusive wave starts from 738.75 and completes at 1721.90 . Since than we observing corrective waves of smaller and higher degree. The corrective wave pattern is a flat, where wave a and wave b are complete and the wave c in in progression. The most recent fall from the peak is implusive and so longs...
The chart show support at 1098 with targets projected by the Trend based Fibo Extensions. We have 2 Fibo extensions here. 1. Starts from 471.40 to 1838 and than placed at 943.70 for projections. 2. Starts from 943.70 to 1320 and than placed at 1098 for projections. The Fibo projections are clearly visible on the charts. With support at 1098 the Fibo...