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Nifty Analysis Positional

ichimokufrontpage Updated   
NSE:NIFTY   Nifty 50 Index
This analysis of Support and Resistance only.
Today the market broke the support of 10865.
We can expect the Target of 10714. (Pl note this is postional and only for analysis purely based on Fibonacci).
Market is random we can expect erratic behavior. We can create positions based on analysis and increases the chance of winning.

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Comment:
We are getting closer to our very first target. It respected the fibonacci line. Lets see if it come down to the fibs level before it bounces back.
Comment:
Finally the target reached in 3 days It's trading around 10714 if it breaks that level we can expect our Second target should be 10654.
Comment:
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Comment:
2nd Target of 10654 also reached. within an hour
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