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Nifty near 50 % retracement level 9869 : Alert
Nifty 50 Index
Nifty near 50 % retracement level 9869 : Alert
By GunjanChokshi
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Updated
May 4, 2020
9
Apr 30, 2020
Nifty near 50 % of its retracement level 9869 , So Stay Alert. on hourly chart RSI 14 above 80. so anytime will see profit booking.
May 4, 2020
Note
Down 4% from our recommendation level. now strong support at 9307 (38.2% retrecement level )
May 5, 2020
Note
Bounce back from 38.2% - 9307 level. now Strong resistance 9502 level.
Fibonacci
Fibonacci Retracement
NIFTY
Relative Strength Index (RSI)
Support and Resistance
Trend Analysis
GunjanChokshi
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Thanks
Gunjan Chokshi
Founder
investallign.in
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