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Nifty 50 Index

Nifty near 50 % retracement level 9869 : Alert

By GunjanChokshi
Updated
Nifty near 50 % of its retracement level 9869 , So Stay Alert. on hourly chart RSI 14 above 80. so anytime will see profit booking.

Note
Down 4% from our recommendation level. now strong support at 9307 (38.2% retrecement level )
Note
Bounce back from 38.2% - 9307 level. now Strong resistance 9502 level.
FibonacciFibonacci RetracementNIFTYRelative Strength Index (RSI)Support and ResistanceTrend Analysis
GunjanChokshi
Thanks
Gunjan Chokshi
Founder
investallign.in
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