Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00
For 21-02-24
for Upside if Nifty Crosses above 22226 it may touch
22243---22272--22318---22394---22440---22515
for Downside if Nifty Crosses below 22168 it may touch
22151---22122---22076---22000---21954---21879
A clear trend is very likely to begin.
Analysis
a) A Final breakdown/Close below 21750-21700 will lead a clear downtrend up to 20000-19800. For filling the Gaps of previous Rally between Nov.23-Dec.-23.
b) Hold all long positions with Stoploss of 21960.
These are levels are generated on the basis on Fibonacci Series
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
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For 21-02-24
for Upside if Nifty Crosses above 22226 it may touch
22243---22272--22318---22394---22440---22515
for Downside if Nifty Crosses below 22168 it may touch
22151---22122---22076---22000---21954---21879
A clear trend is very likely to begin.
Analysis
a) A Final breakdown/Close below 21750-21700 will lead a clear downtrend up to 20000-19800. For filling the Gaps of previous Rally between Nov.23-Dec.-23.
b) Hold all long positions with Stoploss of 21960.
These are levels are generated on the basis on Fibonacci Series
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thank you.