High Probability Ranges - (Fibonacci based)

NSE:NIFTY   Nifty 50 Index
These are the results of some range calculations I have been using regularly for some months. These fibonacci based ranges work for any candle duration. This is a variation of Classical Pivots and Camarilla .

SL and targets depend on where the CMP is - the choice is one of the lines or dotted lines above/below CMP .

It helps to trade with the trend but this works pretty well even against the trend for short candle durations.

The present zones are valid from April 16th 2018 and will be revised going ahead as needed.

Please observe the performance of these zones before committing to trades.


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