Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00
For 6-6-24
Gap UP/Down Opening : If high of First Hour is not broken then put stoploss there for all short positions. If Low of First Hour is not broken then put stoploss there for all Long positions.
For New position : for Upside : Buy Nifty above 22758 Stoploss 22482 it may touch 22843---22981---23204---23565---23788---24149
for Downside : Sell Nifty below 22482 Stoploss 22758 it may touch 22397---22259---22036---21675---21452---21091
All STOPLOSS hit for every SHOT+MID+LONG term position.
Stoploss 22400 for All LONG Positions For Short term Trend Stoploss 22060 for All LONG Positions For Mid term Trend Stoploss 21810 for All LONG Positions For Long term Trend
All above levels are of Nifty Spot.
Put Stoploss on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important). These are levels are generated on the basis on Fibonacci Series
NOTE : I am not SEBI registered advisor in capital market.
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