NIFTY50- Time to be cautious??

NSE:NIFTY   Nifty 50 Index
NIFTY 50 - Weekly Chats

NIFTY is trading near FIB ratio of 1.27 of previous fall.

For the last two times, NIFTY has seen correction from these levels.

Also, this week NIFTY has formed a spinning top candle and is trading near FIB 1.13 of last fall

"Time to be cautious"

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