nifty completed its retracement level of 61.8% and bounced back to complete its full retracement 26626.5 on 7 feb 2025.Low level of election day marked by gann fan and high level of 1/1 on gann level may be completed on 7 feb 2025 other wise on 14 march.
Trade active
nifty current support at 24528.50
Trade closed: target reached
Nifty completed its high level on Gann fan 1/1 level drawn from corona period low point and made high of 27/09/2024 at 26277 without missing a single point. The election day low is also marked without missing a single point at 2/1 Gann fan level. The nifty may touch 22652 level i.e 2/1 Gann level till 3 feb 2025 after that nifty uptrend will get confirmed.
Note
Nifty may reverse within two trading sessions from 23143.50 level
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.