Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00
For 21-03-24 More Volitality
Stop loss for holding shorts is 22325 (on closing basis)
New Development :
Because of FED interest news a upsurge in price is seen. Our markets will also react with it but closing above 22225 will give strength to make nifty go higher.
Nifty will give gap up opening. So do take position with extreme cautious.
22225 as stoploss for already short position.
For New position :
for Upside : Buy Nifty above 21873 Stoploss 21805 it may touch
21894---219928--21983---22072---22127---22216
for Downside : Sell Nifty below 21805 Stoploss 21873 it may touch
21784---21750---21695---21606---21551---21462
22225 has become a resistance.
Closing above 22200-22250 more than 2-3 days, This uptrend will become much stronger for All LONG Positions For Mid term Trend.
Closing below 21850 more than 2-3 days, This uptrend will become much weaker for All LONG Positions For Mid term Trend.
Stoploss 21500 for All LONG Positions For Long term Trend
All above levels are of Nifty Spot.
Put Stoploss will on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on Fibonacci Series
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thank you.
For 21-03-24 More Volitality
Stop loss for holding shorts is 22325 (on closing basis)
New Development :
Because of FED interest news a upsurge in price is seen. Our markets will also react with it but closing above 22225 will give strength to make nifty go higher.
Nifty will give gap up opening. So do take position with extreme cautious.
22225 as stoploss for already short position.
For New position :
for Upside : Buy Nifty above 21873 Stoploss 21805 it may touch
21894---219928--21983---22072---22127---22216
for Downside : Sell Nifty below 21805 Stoploss 21873 it may touch
21784---21750---21695---21606---21551---21462
22225 has become a resistance.
Closing above 22200-22250 more than 2-3 days, This uptrend will become much stronger for All LONG Positions For Mid term Trend.
Closing below 21850 more than 2-3 days, This uptrend will become much weaker for All LONG Positions For Mid term Trend.
Stoploss 21500 for All LONG Positions For Long term Trend
All above levels are of Nifty Spot.
Put Stoploss will on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on Fibonacci Series
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thank you.