Today In The First Hour I Suggested A Strong Bounce Back Once NIFTY Crosses 8289 And That is What Has Happened In The Last Hour Of Trade
8366 is the 161.8% Of One Leg of the "V" Shape For Future Nifty Chart And 8369 Is the 61.8% Retracement Level of The Last Recent Fall
There May Be A Pause Around 8370 But Looking At The STRUCTURE Of Nifty On EOD Chart I Feel We Are Soon Headed Towards A New High To Celebrate 2015
Caution Is Advised Though As We Must Watch What Nifty Does Around 61.8% -78.2% of Fibonacci Levels
Technically The Recent Up Move Can Prove itself To Be Lower Top As well,But Surely More Weightage Can be Given To The First Possibility
8366 is the 161.8% Of One Leg of the "V" Shape For Future Nifty Chart And 8369 Is the 61.8% Retracement Level of The Last Recent Fall
There May Be A Pause Around 8370 But Looking At The STRUCTURE Of Nifty On EOD Chart I Feel We Are Soon Headed Towards A New High To Celebrate 2015
Caution Is Advised Though As We Must Watch What Nifty Does Around 61.8% -78.2% of Fibonacci Levels
Technically The Recent Up Move Can Prove itself To Be Lower Top As well,But Surely More Weightage Can be Given To The First Possibility
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