Multiple movements near the resistance point will eventually breakout, targets on the chart.
Sell off rally continues in bank nifty and gap filling target is possible. Targets on chart.
At distirbution zone facing strong resistance, increase in crude price.
Distribution zone, Fib 61.8 level acting as resistance.
Dark cloud pattern on daily charts and nifty unable to break above Fibonnaci 61.8% level comfortably. End of the week and upcoming elections in mind, I have created this short setup. Nifty Put call ratio 1.28.
Dark cloud pattern on daily charts and nifty unable to break above Fibonnaci 61.8% level comfortably. End of the week and upcoming elections in mind, I have created this short setup. Nifty PCR 1.28 very close to historical PCR.