Nifty closed below 4877 but looks like that it got supported at trend line passing thru 4811, drawn parallel to previous 1 , which is passing thru 5300 ..if this will work nifty will trade in new trading range ...4820 to 5310..5580''
below 4877 ..38.2 % retarce ment dual combination of trend line and fib level support is at 3980 level 61.8 % retracement ..
4810 is crucial for Nifty....above it ...Bulls..
and below it bears only..
so respect levels ...trade according to trend...
below 4877 ..38.2 % retarce ment dual combination of trend line and fib level support is at 3980 level 61.8 % retracement ..
4810 is crucial for Nifty....above it ...Bulls..
and below it bears only..
so respect levels ...trade according to trend...
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