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
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Divergence Always before a breakout
Nifty Future 5 min charts for the past 5 days shows a huge positive divergence Before a breakoutabove 200min MA(3360) in 5 min charts. Source:
www.marketcalls.in
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