FIBONACCI

not a great fan of fibonacci . . but found out some charts respecting fibonacci numbers.
infosys. on monthly charts on every swing the market retraces back to 50% fibonacci levels, i have marked the earlier two swing levels and its 50% retracement levels. if we consider the current swing levels 860-1400. its 50% retracement levels goes back to 1130. . will see what the market is doing . . any comments always welcome