Hi everyone, i have prepared a chart of nifty which shows the major moves and its fibonnacci support and resistance levels compared to that of 2007, it will give us a better idea as we go ahead....
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Hi Aadithya, nifty closed with a positive sign today. as per fibo, 5257 was important and it closed @ 5259.90. So next levels are as follows as per fibo, 5280.60/5310.85/5344.20/5364/5398/ we may see a strong resis at 5344 level.once a close above this lead to 5398. and then once a close above 5398 will lead to and 5452.
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