Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00
For 04-04-24 More Volitality
Stop loss for holding longs is 22200 (on closing basis)
Analysis : 22520-22530 is becoming a Strong resistance. Be careful 22200 is very crucial support.
For New position :
for Upside : Buy Nifty above 22456 Stoploss 22412 it may touch
22470---22492---22529---22587---22623---22682
for Downside : Sell Nifty below 22412 Stoploss 22456 it may touch
22398---22376---22339---22281---22245---22186
Closing below 21950 more than 2-3 days, This uptrend will become much weaker for All LONG Positions For Midterm Trend.
Closing above 22550 more than 2-3 days, Then uptrend will become very strong.
Stoploss 21710 for All LONG Positions For Long term Trend
All above levels are of Nifty Spot.
Put Stoploss on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
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. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
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.
For 04-04-24 More Volitality
Stop loss for holding longs is 22200 (on closing basis)
Analysis : 22520-22530 is becoming a Strong resistance. Be careful 22200 is very crucial support.
For New position :
for Upside : Buy Nifty above 22456 Stoploss 22412 it may touch
22470---22492---22529---22587---22623---22682
for Downside : Sell Nifty below 22412 Stoploss 22456 it may touch
22398---22376---22339---22281---22245---22186
Closing below 21950 more than 2-3 days, This uptrend will become much weaker for All LONG Positions For Midterm Trend.
Closing above 22550 more than 2-3 days, Then uptrend will become very strong.
Stoploss 21710 for All LONG Positions For Long term Trend
All above levels are of Nifty Spot.
Put Stoploss on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
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. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
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.