Nifty reversing from 61.8% Fib level.
It is not able to sustain at higher levels and breaking the trendline at lower side so can expect a good fall from here.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
It is not able to sustain at higher levels and breaking the trendline at lower side so can expect a good fall from here.
For more simple analysis and setups, please follow me.
And for any queries feel free to comment below this or DM .
Trade safe. Manage risk. Be profitable.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Comment:
Great fall. Good momentum.
Trade active:
Target 1 achieved.
Will wait for second target as well.
Will wait for second target as well.
Trade closed: target reached