GIFT NIFTY 50 INDEX FUTURES
Updated

Nifty Continuous Futures Fib Channel

754
I've been observing Nifty Futures Since 06/January/2022 and came out with this study.

Importand Levels are marked in dark black.
Note
its almost five days sgx nifty is still trapped between 2.414 and 2.618 fib level.
Note
getting resistance continuously at 2.618 level.
Note
every time it tries to go above 2.618 level, it pushed down immediately.
Note
After a 8 days long struggle below 2.618 level finally price breakout above it, Now 3.0786 level will act as resistance.

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