Sunday, November 25

NSE India Nifty Trend Analysis -26 Nov 2012 Part -II

Fibonacci technique

Fib retracements



Fibonacci Ratios are drawn in above chart from 5217-5815 showing fibonacci support and fibonacci resistance. 5585 was broken but nifty closed above 5585 on Weekly basis . fibonacci resistance comes at 5652-5672 range.

As discussed earlier Fibonacci fan helps in finding...

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