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Nifty 50 Index
Long

Fibonacci Retracement on Nifty

294
NIFTY

Fibonacci Retracement plotted on NIFTY suggests that triple bottom has been confirmed on
50% fib level around 17,792.

Trade plan has been shared with Risk / Reward ration of 1:2

Entry : 18,082
Exit : 18,710
SL : 17,776

Good Luck !!
wasif87
FibonaccifibonaccianalysisFibonacci RetracementTechnical IndicatorsNIFTYnifty50niftyanalysisriskrewardriskrewardratioTechnical AnalysistradeplanTrend Analysis

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FibonaccifibonaccianalysisFibonacci RetracementTechnical IndicatorsNIFTYnifty50niftyanalysisriskrewardriskrewardratioTechnical AnalysistradeplanTrend Analysis
wasif87

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.