Nifty 's Channel move with Fibonacci

NSE:NIFTY   Nifty 50 Index
0.618 retracement from recent channel resistance 8806 to recent channel support 8541 comes near 8704 which again is Gap. Expecting a quick upside move with the first target at near 8700.
Comment: As expected strong upward retracement came. Although I was expecting it from 8540 level to 8700 it came from 8520 to 8680. Previously 8680 - 8700 was active support level. It will be interesting to see how NIFTY reacts tomorrow. i am expecting some retracement pull back tomorrow.
Comment: Down retracement came. Now final leg will try to touch the trend line somewhere near 8720 tomorrow.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out