Nifty Technical Analysis for Expiry Week Part-II
Fibonacci technique
Fib retracements
Fibonacci Ratios are drawn in above chart from 5548-5965 showing Fibonacci support and Fibonacci resistance. Close above 5965 is required for a breakout and support now exists at 5805 and 5756.
As discussed earlier Fibonacci fan helps in finding potential tops and Bottom of market from short term prospective. If we see the chart closely with Fibonacci fans...
Continue Reading
posted by Bramesh at
2:01 PM
0 Comments:
Post a Comment
Note: Only a member of this blog may post a comment.
Subscribe to Post Comments [Atom]
<< Home