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
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.