Watch Nifty Movement with technical (charts collections)
- Thread starter santhosh2010
- Start date
Nifty spot currently is in downtrend (Intraday trend).
I am holding short positions for downside target 6868.
But nifty spot seems some strong support at 7272 levels (Fibonacci Golden ratio).
if its hold below the golden ratio level then no problems for nifty downside rally.
Nifty spot have strong resistance at 7373 level (Previous day high)
incase nifty spot if its trade and hold above 7374 then
I will exit my all short positions at the same time I will take fresh long positions in June contract for upside target: 7660. Stop loss will be 7260 (recent swing low).
~~~~~~~~~~~~~~~~~
I am holding short positions for downside target 6868.
But nifty spot seems some strong support at 7272 levels (Fibonacci Golden ratio).
if its hold below the golden ratio level then no problems for nifty downside rally.
Nifty spot have strong resistance at 7373 level (Previous day high)
incase nifty spot if its trade and hold above 7374 then
I will exit my all short positions at the same time I will take fresh long positions in June contract for upside target: 7660. Stop loss will be 7260 (recent swing low).
~~~~~~~~~~~~~~~~~
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