Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00
For 21-03-24 More Volitality Stop loss for holding shorts is 22200 (on closing basis)
New Development : FED Buzz is over. Our Market will be again in Sell on rise.
22200 as stoploss for already short position.
For New position :
for Upside : Buy Nifty above 22050 Stoploss 21974 it may touch 22074---22113--22175---22275---22337---22438
for Downside : Sell Nifty below 21974 Stoploss 22050 it may touch 21950---21911---21849---21749---21687---21586
22200 has become a resistance.
Closing below 21850 more than 2-3 days, This uptrend will become much weaker for All LONG Positions For Mid term Trend.
Stoploss 21500 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
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