UnknownUnicorn341544

UnknownUnicorn341544 Updated 

Fibbo grid which is shown on chart is adhering to levels for long time. So this time also nifty may end the rally in the pink box shown on the chart which is nearly 123% levels at 7690 levels. So expecting downside to begin soon at these 123% levels

UnknownUnicorn341544

DOWI 1> DOWI DROPS DOWN FROM ALL TIME HIGH & RETRACES BACK TO 14.6% OF FIRST FIBBO GRID. SEE PINK BOX 2.> THEN AGAIN DROPS DOWN & RETRACED TO 14.6% OF 2ND FIBBO GRID. SEE GREEN BOX. EXPECTING THIS 14.6% LEVEL TO ACT AS A MIDTERM RESISTANCE.