kbr9121965

NIFTY GANN RETRACEMENT LEVELS

Short
NSE:NIFTY   Nifty 50 Index
Nifty 50 Index is resisted at the 87.5 percentage level at 21479.40. Growth or higher can be seen above this level. If resisted her it may to the 75 percentage level at 21378. Personally dont like thin body candles which alert me to be ready or move on either side.If you see the price actiob before the ATH we had a long consolidation in between 75% and 87.5% levels.After the break of 7.5% level it was a swift fall till 25% level. So watch the level of 87.5% level at 21479.40 as decision making level as its the current resistance on hourly chart.
Happy Trading !!!

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