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Abhi_The_Chart_Reader

Nifty Continuous Futures Fib Channel

GIFT NIFTY 50 INDEX FUTURES (NSEIX:NIFTY1!)  
Abhi_The_Chart_Reader Updated   
NSEIX:NIFTY1!   GIFT NIFTY 50 INDEX FUTURES
Fibonacci Parallel Channel nifty50 futures futurestrading levels important_levels indianstockmarket india
7
3
fibonacci parallelchannel nifty50 futures futurestrading levels important_levels indianstockmarket india
I've been observing Nifty Futures Since 06/January/2022 and came out with this study.

Importand Levels are marked in dark black.
Comment:
its almost five days sgx nifty is still trapped between 2.414 and 2.618 fib level.
Comment:
getting resistance continuously at 2.618 level.
Comment:
every time it tries to go above 2.618 level, it pushed down immediately.
Comment:
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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