#Nifty
There are 2 Key retraces to follow for the Day.
1st is fm 17281 - 17420 @ 17330-350 (Aggressive)
2nd is fm 17064 - 17420 @ 17240-285(Conservative)
Based on Pivot tables,
17310-335 is a key support zone,
17470-500 is a key resistance zone.
#Nifty
There are 2 Key retraces to follow for the Day.
1st is fm 17281 - 17420 @ 17330-350 (Aggressive)
2nd is fm 17064 - 17420 @ 17240-285(Conservative)
Based on Pivot tables,
17310-335 is a key support zone,
17470-500 is a key resistance zone.
#Nifty
Based on Pivot tables,
17310-335 is a key support zone,
17470-500 is a key resistance zone.
Didn't get the "BUY" trade
BUT, a "Sell" trade emerged @ "17470-500" with a high of 17490 with OB readings and generated
100+ points with a low of "17362"
#Nifty
A Golden ratio, 61.8%, retrace offered a LRHR trade @ 17360 with a low being "17352"
and, has generated a 40 points move so far
Identify such LRHR trades and act
Make it a habit of identifying key High & low points and draw #Fibonacci retracement to capture such trades
#Nifty
Now, looks 17064 - 17490 retrace at work..
Now, almost an "ABC" seems done @ 17283
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