February 4, 2011

Nifty Futures Fibonacci level

  • Nifty Futures Fib levels for 5421 till today's high.
  • Price is at 61.8% Convincing break of this level may lead to more falls confirmed by a break of 78.6% level.
  • If 61.8% is held we may see an up move from here.
  • FALSE BREAKOUT TRADE

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