Nifty was in sideways zone in better half of the week and Fed minutes released on Wednesday night changed the course of world market and Indian market also celebrated with a huge gap up of 100 points on Thursday. Friday turned out to be quite an eventful one for the market. Infosys managed to prop… Read More »
Nifty Fibonacci Retracement Nifty Fibonacci Retracements from 5217-5815 are drawn in above chart,Major support at 61.8% Golden ratio at 5585 and Resistance at 5687 Nifty Fibonacci Fans As discussed earlier Fibo Fans helps in finding potential tops and Bottom of market from short term prospective. If we see the chart closely Nifty has formed a… Read More »
Nifty Fibo Retracement Nifty Fibonacci Retracements from 5217-5815 are drawn in above chart,Major support at 61.8% Golden ratio at 5585 and Resistance at 5687 Nifty Fibonacci Fans As discussed earlier Fibo Fans helps in finding potential tops and Bottom of market from short term prospective. If we see the chart closely Nifty has formed a… Read More »