Nifty 50 took support near .618 fib retracement levels on Daily TF which is astride 200 DEMA (23555). An Overhead Supply Zone has formed below the 0.382 fib retracement level (24567).
The pattern formation suggests November monthly closing in the Pivot Zone of 23786 to 24053.
The pattern formation suggests November monthly closing in the Pivot Zone of 23786 to 24053.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.