Bloomberg Fibonancci Analysis on NIFTY.

Mar 13, 2020

---> My eye always travels from right to left looking at the more recent data and scanning back when I apply FIB RETRACEMENT.

As a trader, you now want to know where the market should not go. As per this statement, 10709 is a very crucial level.

If the bottom is still not out then, Resistance and Confluence zone at 100038.

I have applied here 3 Feb Retracement to find a CONFLUENCE ZONE which always reacts for traders.

Mar 13, 2020

Trade active

Confluence zone at 100038. Selling will start now.

Mar 13, 2020

Note

SELL NIFTY FUT. 10055 to 10085 and stoploss 11000 abvoe... targets 9935 or 400 points downside

Mar 13, 2020

Trade active

Amazing my short-selling order has been executed at 10062 mar future.

Mar 13, 2020

Trade active

Hold short psotional

Mar 13, 2020

Note

Mar 16, 2020

Note

Short sellers enjoying nifty???