NIFTY 50 future TRENDS-Part 2

[Raghuveer]

April NF Fib levels for Mon April 1 (Fri close=5714):
Res: 5723 5737 5755 5774
Sup: 5705 5691 5673 5654

 

[prabhsingh]

April NF Fib levels for Mon April 1 (Fri close=5714):
Res: 5723 5737 5755 5774
Sup: 5705 5691 5673 5654

SevenStar,

Correct me if am wrong but 0.618 & -0.618 ratios are considered as golden retracment levels because its based on golden ratio which is 1.6180 hence when Resistance and Support levels are provided then why dont we take 0.618 & -0.618 into consideration.

 

[SEVEN STAR]

sevenstar,

correct me if am wrong but 0.618 & -0.618 ratios are considered as golden retracment levels because its based on golden ratio which is 1.6180 hence when resistance and support levels are provided then why dont we take 0.618 & -0.618 into consideration.

fibo..0.618 is most valuable level...for high low calculation..ref to my positional levels..............
for intra day we are adding default value (23) for high value..and there is only 5 point different from 0.382 to 0.618.....
All values posted for intra day's are after many days of back testing............this is only a model any one can tray different combination as per their requirement..

 

[Bewinner]

Due to Korean War.. unconfirmed reports we have to see how how Asian markets opens on Monday...at any point do not hold long if NF breaks 5604 level....
Spot have to trade above 5750..and close for some rally towards 5840 levels..
Weekly chart for info.........

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Seven Star as spot did not cross 5750 today...do u think that nifty has a chance to go upwards further

 

[SEVEN STAR]

5750 is swing res...from the low (5605) made on thursday..

 

[Raghuveer]

April NF fib levels for Tue (Mon close=5727):
Res: 5736 5750 5768 5787
Sup: 5718 5704 5686 5667

 

[SEVEN STAR]

5750 is swing res...from the low (5605) made on thursday..

2.15 pm 1.15 hrs.. to go
cmp..5746...close above 5750 next target 5840..spot.

 

[prabhsingh]

2.15 pm 1.15 hrs.. to go
cmp..5746...close above 5750 next target 5840..spot.

Is 5840 23.6% fib Retrace levels?

 

[Bewinner]

2.15 pm 1.15 hrs.. to go
cmp..5746...close above 5750 next target 5840..spot.

..

But will it possible? not have any doubt on ur skill...but there are 2 big candles in daily chart which is really tough to cross

 

[Raghuveer]

April NF Fib levels for Wed (Tue close=5767):
Res: 5776 5790 5808 5827
Sup: 5758 5744 5726 5707