Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00
For 23-02-24 : “GO LONG” with Stoploss of 22060
for Upside if Nifty Crosses above 22244 it may touch 22260---22287--22330---22400---22444---22514
for Downside if Nifty Crosses below 22190 it may touch 22174---22147---22104---20034---21990---21920
A clear trend is very likely to begin.
Analysis : “GO LONG”
a) A Final breakout/Close above 22250 will lead a clear uptrend up to 23110-23150.
b) Hold all Long positions with Stoploss of 22060.
If your position is in profit Then trail your stoploss ot save the profit.
These are levels are generated on the basis on Fibonacci Series
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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