shhk1

shhk1

Current Price: The current price of the S&P 500 is indicated as 5,821.84, situated near the 0.786 Fibonacci retracement level (5,829.20). This level often serves as a significant support or resistance zone. Fibonacci Levels: The Fibonacci retracement levels are plotted to assess potential reversal points in the market: 0.236 at 5,721.91 0.382 at 5,750.39 0.5 at...

shhk1

Fibonacci Retracement: The chart has a Fibonacci retracement overlay, showing key levels from the recent high to low. Price is currently hovering near the 0.236 retracement level (around 25,072), suggesting that Nifty is in a consolidation phase after a recent downward move. The next significant Fibonacci levels to watch are 0.382 (25,303) and 0.5 (25,489). A...