Current Pattern: 1) It clearly shows Nifty forms M Pattern Structure 2) Currently it took a resistance around 0.5 level of Fib 3) Since M structure broken we can see down move of 755 point from bottom of M structure
Target: So Target would be around 16450( which is 1.236 level of FIB)
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.