stock appears weak below 511 (close) for targets towards 505/501/497 sl 522
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trade not active yet
Comments
shiv2798
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Sir Made my day I had bought based on your chart , since it did not brake the lowest low and turned i bought , 517 Sold 522 Good trade in feature sir
kedarjoshi
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@pandya_parth@bearishbull1968 Thanks for the reply. Yes got the tool. I understand that those are fibonaci ratios on vertical and horizontal scale. On vertical scale these are drawn from low to high.
How to decide where ratio of 1 will come?
shiv2798
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Sir I believe the down ward strength is not there , You can see in the previous Candle , it may give reversal in case some buying takes by closing time
Regards
kedarjoshi
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Hello Bearishbull1968, How did you plot 0 to 1 on horizontal scale?
pandya_parth
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@kedarjoshi, Joshi Bhai it's in drawing tools itself search on the left column