If the Nifty50 has made a significant move up , the 23,100 level might coincide with important Fibonacci retracement levels (like 0.382, 0.5, or 0.618), which are common reversal points.
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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.