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Trade-Technique

Parallel channe with Golden ration analysis.

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PIDILITE INDUSTRIE (NSE:PIDILITIND)  
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NSE:PIDILITIND   PIDILITE INDUSTRIE
Parallel Channel Fibonacci Support and Resistance Fibonacci Retracement nse india Stocks trade goldenratio
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parallelchannel fibonacci supportandresistance fibonacciretracement nse india stocks trade goldenratio
Parallel channel with gravitation on the weekly chart-:
If you see the price between line (b) and (c), you will note that price is trading longer time into this area. Presently, the stock price is the (d) or value low which is support.

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snapshot
confluence zone m1 and m2 is the support from fib retracement.

  • m1 1207 (currently price trading)
  • m2 1114 which is at 50% division
Dagangan ditutup: sasaran tercapai:
Booked profit.
Penafian

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