Nifty : Levels To Watch

11 giu

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

For 11-6-24

Gap UP/Down Opening :
If high of First Hour is not broken then put stoploss there for all short positions.
If Low of First Hour is not broken then put stoploss there for all Long positions.


For New position :
for Upside :
Buy Nifty above 23406 Stoploss 23112 it may touch
23498---23645---23884---24269---24508---24849

for Downside :
Sell Nifty below 23112 Stoploss 23406 it may touch
23020---22873---22634---22249---22010---21624

Stoploss 22450 for All LONG Positions For Short term Trend
Stoploss 22060 for All LONG Positions For Mid term Trend
Stoploss 21810 for All LONG Positions For Long term Trend


All above levels are of Nifty Spot.

Put Stoploss on closing basis.

(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on Fibonacci Series

NOTE : I am not SEBI registered advisor in capital market.

Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
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