161.8% Upper Retracement Level 5722
Upper Value 5500
61.8% Retracement Level 5362
50.0% Retracement Level 5320
38.2% Retracement Level 5277
23.6% Retracement Level 5224
Lower Value 5140
Above are the fibo levels i kept posting this many times just look at it all these levels have acted as Res. wen Nifty went up and on reverse the same levels acted as support.. let us see whether nifty breaks this level 5224 convincingly. TL support at 5190 is final for the market to break loose.. i don't think there will be heavy sell off till the end of result season unless something drastically go wrong in the world market.
Finally US and European markets are showing signs of weakness that we have to keep an eye on