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nikhilchhabra

FIBBONACI RETRACEMENT CONFIRMATION ON NIFTY

S&P CNX NIFTY INDEX FUTURES (NSE:NIFTY1!)  
nikhilchhabra  
NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
Trend Analysis Fibonacci Chart Patterns niftytrend niftytradesetup niftylevels niftytrading NIFTY fibbonachi Fibonacci Retracement fibonaccianalysis
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trendanalysis fibonacci chartpattern niftytrend niftytradesetup niftylevels niftytrading nifty fibbonachi fibonacciretracement fibonaccianalysis
As it can be seen on the NIFTY chart, a Fibbonaci retracement plotted at swing low & swing high gave us an ideal zone to retest NIFTY levels which acted as a support and we saw an up move from 0.618 levels. A move from 18648 level to 18691 was observed.
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