Nifty Weekly Outlook for Week Starting 29 October Part II

Nifty Fibonacci Retracement

Nifty Fibonacci Retracements from 5217-5815 are drawn in above chart,Major support at 61.8% Golden ratio at 5585 and Resistance at 5687

Nifty Fibonacci Fans

As discussed earlier Fibo Fans helps in finding potential tops and Bottom of market from short term prospective. If we see the chart closely Nifty has formed a swing top at 5815 as discussed in previous week analysis.Break of

Continue Reading