Major 3 points can give you exact move of nifty
NSE:NIFTY Nifty 50 Index
- 61.8% key Fibonacci ratio at 11091
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