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You are here: Home / TRIN / Fibonnaci Support and Resistance Level Update for Sensex

Fibonnaci Support and Resistance Level Update for Sensex

June 4, 2009 by Rajandran Leave a Comment


 

Trin Dips below 1 a bullish signal for short term also find the fibonnaci charts for Sensex. Next resistance comes near 16282.64(61.8% Retracement) and supports near 14700 levels(50% Retracement). Just maintain cautious if once again sensex dips and closes below 14700 levels

Source:
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About Rajandran

Rajandran is a Full time trader and founder of Marketcalls & Co-Founder of Traderscafe, trades mostly using discretionary Trading Concepts like Market Profile, Trading sentimental analysis, building timing models, algorithmic trading models. Instructs professional traders, full time traders & aspiring full time traders. Rajandran attended college in the Chennai where he earned a BE in Electronics and Communications. Rajandran has a broad understanding of trading softwares like Amibroker, Ninjatrader, Esignal, Metastock, Motivewave, Market Analyst(Optuma),Metatrader,Tradingivew,Python and understands individual needs of traders and investors utilizing a wide range of methodologies.

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