DHFL Profit booking
It seems that DHFL has enough run... now its time to take rest.
Its retracement will start or may be started.
As per past record it has never miss Fibonacci retracement level of 0.618%
1) week 30-09-2013 @ 51.50 to week 02-03-2015 @ 284.5.. has taken retracement of 140 on 02-08-2016 which is exactly Fibonacci 0.618%
2) Journey 02-08-2016 @140 to 02-17-10-2016 @ 336... has taken retracement of 214 on 21-11-2016 which is same as per past 0.618%
3) Latest journey 21-11-2016 @214 to 01-05-2017 @ 455... now it will take retracement again with same fibonacci 0.618% ??? If YES then we will see 306 price on the screen in few months.
Its retracement will start or may be started.
As per past record it has never miss Fibonacci retracement level of 0.618%
1) week 30-09-2013 @ 51.50 to week 02-03-2015 @ 284.5.. has taken retracement of 140 on 02-08-2016 which is exactly Fibonacci 0.618%
2) Journey 02-08-2016 @140 to 02-17-10-2016 @ 336... has taken retracement of 214 on 21-11-2016 which is same as per past 0.618%
3) Latest journey 21-11-2016 @214 to 01-05-2017 @ 455... now it will take retracement again with same fibonacci 0.618% ??? If YES then we will see 306 price on the screen in few months.
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