FIBBONACI RETRACEMENT CONFIRMATION ON NIFTY
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.
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.