Fibonnaci Values(Approx) taken between the recent high and lows 3113 and 2721 repectively
38.2% – 2884
50% – 2933
61.8% – 2983
Let see how far the bounce back extends
Related Readings and Observations
Nifty Hourly Charts – Gann Charts
Clear Resistance near 4440-4450 zone. If resist near then in short term nifty willlikely to test 4280 zone. Breakout above 4450 Zone Source:
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