The chart shows Fibonacci extension levels, which started from Rs. 70 to Rs. 650. There was 78.6% retracement shown from the top to Rs. 190 level. The price is currently trading at Rs. 280, which can be taken as a buy point. The Fibonacci extension levels show the prospective exit points giving returns ranging from about 50% to 130%, depending on the on how long...
A tremendous opportunity in Nasdaq 100, with a good return to risk ratio of 5:1. While the sentiments may be bearish, it is times like these when we should remember 'to buy when there's blood on streets'.
