Major 3 points can give you exact move of nifty

NSE:NIFTY   Nifty 50 Index
  • 61.8% key Fibonacci ratio at 11091
    R 11142
    R 11185

These three major points are very important to understand, which have played the role of resistance in the past.

94points(11185-11091 = 94) of area are crucial for up move.

Keeping in mind both side move;
1) To make up-break out, Nifty should jump OR GAP with heavy volume .
2) The resistances are working properly if the price reducing faster than normal way.

Because of This resistance, I have updated some stocks for selling, GRASIM, CoalIndia and more

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