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  1. K

    can anyone shed some light

    Nifty Future was not able to cross 50% (fib Level) of the last swing (4950 & 4667) and hence it saw bull liquidateion. fib levels .382 , .50 and .618 play active part in providing support/resistance. If u use online intraday charts and use Fib levels u will find the answer. Best Wishes...