Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00
For 28-03-24 More Volitality
Stop loss for holding shorts is 22200 (on closing basis)
New Development :
Inverse Head and Shoulder Pattern is built and target to 22440 with stoploss 21900.
22200 as stoploss for already short position.
For New position :
for Upside : Buy Nifty above 22154 Stoploss 22092 it may touch
22173---22204--22254---22336---22386---22467
for Downside : Sell Nifty below 22092 Stoploss 22154 it may touch
22073---22042---21992---21910---21860---21779
22200 has become a Strong resistance.
Closing below 21850 more than 2-3 days, This uptrend will become much weaker for All LONG Positions For Midterm Trend.
Closing above 22200 more than 2-3 days, This uptrend will become much stronger than expected for All LONG Positions For Midterm Trend.
Stoploss 21500 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 28-03-24 More Volitality
Stop loss for holding shorts is 22200 (on closing basis)
New Development :
Inverse Head and Shoulder Pattern is built and target to 22440 with stoploss 21900.
22200 as stoploss for already short position.
For New position :
for Upside : Buy Nifty above 22154 Stoploss 22092 it may touch
22173---22204--22254---22336---22386---22467
for Downside : Sell Nifty below 22092 Stoploss 22154 it may touch
22073---22042---21992---21910---21860---21779
22200 has become a Strong resistance.
Closing below 21850 more than 2-3 days, This uptrend will become much weaker for All LONG Positions For Midterm Trend.
Closing above 22200 more than 2-3 days, This uptrend will become much stronger than expected for All LONG Positions For Midterm Trend.
Stoploss 21500 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.
Trade closed: target reached:
Hourly Head & Shoulder Pattern's Target 22440 achieved