Nifty view
Since the rise from 9455 to 10137 levels Fibonacci levels have played a vital role is identifying key support & resistance levels...
Levels------------------------------------ Fib retracement-------------------------- Fib Level
- closing low at 9710----------------- 61.8% of 9448-10137 -----------------------9711
- high of 9947 --------------------------61.8% of 10137-9685 ----------------------9965
-low of 9740 ---------------------------76.40% of 9685-9947 -----------------------9747
Nifty is at imp Fib zone around 9867-9898 zone...
We are also seeing range contraction and triangle formation....
Whether Nifty upside gets capped @ Fib levels or we get a triangle breakout... It will be interesting to see Nifty price behavior tomorrow.
Take care & safe trading...!11
Levels------------------------------------ Fib retracement-------------------------- Fib Level
- closing low at 9710----------------- 61.8% of 9448-10137 -----------------------9711
- high of 9947 --------------------------61.8% of 10137-9685 ----------------------9965
-low of 9740 ---------------------------76.40% of 9685-9947 -----------------------9747
Nifty is at imp Fib zone around 9867-9898 zone...
We are also seeing range contraction and triangle formation....
Whether Nifty upside gets capped @ Fib levels or we get a triangle breakout... It will be interesting to see Nifty price behavior tomorrow.
Take care & safe trading...!11
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.