maneeshaggarwal

Nifty : Levels to watch

Short
NSE:NIFTY   Nifty 50 Index
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

Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
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