As per Data analytics and price action it may retest 455 to 460 levels and take reversal and if it comes to 445 to 450 it will take support. Just a view not a reco..
Looking some short covering rally where i see some bounce back / profit boking in INDEX futures
Its only for education purpose...
Stoploss High of C and keep running for target at D asper pattern Educational Purpose only.....( even Nifty is in Overbrought Zone)
In the Chart Yellow line are Gaps and Blue lines are Gaps those have to be filled yet, as per Gap theory every gap will act as Support & Resistance so please initiate or take positions accordingly and Violet line's are for Channel. Apart indicators Price action at these junctions gives us more action if we take a trade based on Pin bars. Purely Educational...
As per Fibb Every thing is showed in the Chart