General Trading Chat

Just wondering, how much trust do fellow traders put in Fib levels when they actually take a trading decision?
They do work - Waiting for 7270 levels to be taken off - for adding to short positions
 
Spot Nifty minimum target 7241 , yesterday low.
Need to see European open .



5 min chart of spot Nifty

Closing below 7275 spot will be signal of straight hit 7175,

PS: Not a trading call, for educational purpose only :D
 

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