Rajandran R Follow Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Fibonnaci Value from Nifty Hourly charts

January 14, 2009 7 sec read

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

Rajandran R Follow Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

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