Dinesh_C_Nagpal

NIFTY - "Jo le uska Bhala, Jo na le uska bhi Bhala!"

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NSE:NIFTY   Nifty 50 Index
Comparison of Sept 20 (daily tf) announcement with the one on May 12 (hourly). Former retraced 62% latter is currently at 88%. Former was during market hours and stretched with a gap up next morn. Latter was post market and gap opening gave it away. Crucial support at 8950. Resistance 9300 and then 9450.
Comment:
The former completed retracement in 10 daily candles/bars. The latter is on 12 hourly candles/bars

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