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Trade-Technique
May 15, 2019 3:59 PM

A Good point for long traders on NIFTY Long

NSE:NIFTY1D
Nifty 50 IndexNSE

Description

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  • Fin. Retracement 61.8% at 11080.
  • Previous Highest High(b) at 11100.
  • Important level 10985, is at Lowest High(a).


At the expected excess-4, where trader's attraction will create for long.

Trade closed: target reached

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Look at this what happened...!!!!

Comment

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Exactly happened what I pointed in chart.
Trend AnalysisBeyond Technical AnalysisNIFTYnifty50indianstocksFibonacci Retracementnse
Comments
I-Fund-Trader
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it is out form linear structure , it will high likely drop and then rebound
Trade-Technique
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@I-Fund-Trader, I think you are right here 95%. same thing i am thining.
Trade-Technique
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JaydevRaval
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Exactly, i ll wait for more deeper but last candle that has bearish sign from price action.
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