Nifty at imp Fibonacci retracement level

Nifty

Nifty is at important Fibonacci retracement level and it may act as resistance....

Just be careful....

Take care & safe trading...!!!

Dagangan ditutup: sasaran tercapai:

We went cautious on Nifty 61.8% Fib retracement level
Nifty stopped 60 points above right at 76.4% Fibonacci retracement

Currently is at 10218 levels and is at support levels...

Support of 50 day EMA and also trendline support

For time being.... Look to book profits in short positions

We wait and review again how it closes tomorrow i.e on a weekly basis...

Take care & happy trading...!!!