Nifty : Levels To Wtch

Jun 12, 2024

Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00

For 12-6-24

Gap UP/Down Opening :
If high of First Hour is not broken then put stoploss there for all short positions.
If Low of First Hour is not broken then put stoploss there for all Long positions.


For New position :
for Upside :
Buy Nifty above 23411 Stoploss 23119 it may touch
23502---23648---23885---24268---24504---24887

for Downside :
Sell Nifty below 23119 Stoploss 23411 it may touch
23028---22882---22645---22262---22026---21643

Stoploss 22450 for All LONG Positions For Short term Trend
Stoploss 22060 for All LONG Positions For Mid term Trend
Stoploss 21810 for All LONG Positions For Long term Trend


All above levels are of Nifty Spot.

Put Stoploss 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

NOTE : I am not SEBI registered advisor in capital market.

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.
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