mkmunir3

Nifty Fibonacci analysis over last 15 years and Nifty target

Long
NSE:NIFTY   Nifty 50 Index
If we see the Fibonacci levels, we can get an idea of the approximate Nifty target. If we see Fibonacci analysis as per the period of fall from Feb 2005 to Feb 2016 taken as a base, we see the Fibonacci levels have been important resistance and support levels. 8900 was an important level, then 10200 was also an important level as per Fibonacci analysis projections. Now, we can see Nifty having a target of 14171.

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