Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00
For 26-03-24 More Volitality
Stop loss for holding shorts is 22200 (on closing basis)
New Development :
Stay without trade in no trading zone.
New shorts will be below 21850 with stop loss of 22100.
New buys will be above 22125 with stop loss of 21880.
22200 as stoploss for already short position.
For New position :
for Upside : Buy Nifty above 22136 Stoploss 22058 it may touch
22160---22198--22261---22362---22425---22526
for Downside : Sell Nifty below 22058 Stoploss 22136 it may touch
22034---21996---21933---21832---21769---21668
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 26-03-24 More Volitality
Stop loss for holding shorts is 22200 (on closing basis)
New Development :
Stay without trade in no trading zone.
New shorts will be below 21850 with stop loss of 22100.
New buys will be above 22125 with stop loss of 21880.
22200 as stoploss for already short position.
For New position :
for Upside : Buy Nifty above 22136 Stoploss 22058 it may touch
22160---22198--22261---22362---22425---22526
for Downside : Sell Nifty below 22058 Stoploss 22136 it may touch
22034---21996---21933---21832---21769---21668
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.