Nifty : Watch Levels

Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00

For 14-02-24

for Upside if Nifty Crosses above 21773 it may touch
21792---21822--21871---21951---22000---22079

for Downside if Nifty Crosses below 21713 it may touch
21694---21664---21615---21535---21486---21407

A clear trend is very likely to begin.

Analysis (Bearish)

a) A Final breakdown/Close below 21448-21429 will lead a clear downtrend up to 20000-19800. For filling the Gaps of previous Rally between Nov.23-Dec.-23.


b) This preposition will be failed if it closes above 21850. Then a uptrend up to 23100-23200 will be seen

These are levels are generated on the basis on Fibonacci Series

Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

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