September 24, 2010

Nifty Futures Fibonacci levels

CHART-IV
  • NF almost hits 6045 as discussed below
CHART-III
  • Inverse head and shoulders breakout towards 6045
CHART-II
  • Breakout above 61.8% level will result in an inverse head and shoulders breakout as well.
CHART - I
  • Nifty futures fibonacci retrace levels for the fall from 6045.
  • Today NF got resisted exactly at the 50% fib level.
  • New high's are possible only if 50 and 61.8% levels are taken out convincingly.
  • TECH MAHINDRA ANALYSIS

5 comments:

  1. wht do u eat man..so fast so correct

    ReplyDelete
  2. Nah Triple JP.

    He eats Nifty, S&P 500 as well as Nasdaq. No worries for our hardworking mate.

    Yet again, I appreciate all your efforts San. Great charts all day, all night long !

    ReplyDelete
  3. Thanx everyone for visiting and your support

    ReplyDelete