Nifty Up move Fibonacci analysis.

snapshot

Last time we analysed SENSEX down move and the retracement in to it. This time we are analyzing the current up move.

Observations are on chart. According to current market move we can test 8260 or 9208 soon. One thing we need to keep in mind that this is daily chart so occurrence of level testing will take some time. :-)
NIFTYnsenseindiasensex
dhananjay.d.joshi

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