maneeshaggarwal

Nifty : Levels to watch

Short
maneeshaggarwal Updated   
NSE:NIFTY   Nifty 50 Index
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00

For 18-03-24 GO “SHORT”

New Development :
Bearish Flag is forming and it’s Breakdown will Below 21900 tgt – 21300 sl- 22065

22260 as stoploss for already short position.

For New position :

for Upside : Buy Nifty above 22056 Stoploss 21990 it may touch
22077---22110--22164---22251---22304---22391

for Downside : Sell Nifty below 21990 Stoploss 22056 it may touch
21969---21936---21882---21795---21742---21655

22225 has become a resistance.

Stoploss 21850 for All LONG Positions For Mid term Trend

Stoplos 21500 for All LONG Positions For Long term Trend

A clear trend is very likely to begin.

All above levels are of Nifty Spot.

Put Stoploss will 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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Thank you.
Trade active:
PUT STOPLOSS 22125 FOR STOR POSITION
Trade closed: stop reached

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