Nifty IT at the top of the weekly channel
At 78.6% Fib Retracement of last 8 years
Seems low probability of breaking out (or could be a failed break out) as no strong trigger (except the momentum from last few weeks), US market given a breakdown yesterday. Let's see how it turns out to be.
At 78.6% Fib Retracement of last 8 years
Seems low probability of breaking out (or could be a failed break out) as no strong trigger (except the momentum from last few weeks), US market given a breakdown yesterday. Let's see how it turns out to be.