ดัชนี Nifty 50เพิ่มขึ้น
Nifty: Important Fibonacci Levels and Potential Target levels
What is Fibonacci series
The series starts with 0,1... From here on the next number is obtained by summing up the previous two numbers. (0,1,1,2,3,5,8,13,21,34,.....)
After the initial few numbers dividing a number by the next immediate number, gives us roughly 61.8% (for eg 21/34 = 61.8%) and if we divide by skipping one number we get roughly 38.2% (for eg 13/34 = 38.2%)
Also 100-61.8=38.2
The number looks like in balance and holds greater importance.
Also we see Fibonacci having a great influence in our nature as well. Most flowers have petal pattern that would be a Fibo number.
We can observe Fibonacci in our body as well. Be it bones in our finger or the arm to hand ratio, we can see the golden ratios everywhere.
Incidentally the golden ratios work well in Share market as well...
Don't believe me... Look at the chart below
https://www.tradingview.com/x/lZRaI0qL/
The recent correction is a Fibonacci retracement of the rally that started from the lows made during India election results to recent highs.
Nifty has seen a decent jump which coincides with test of 200 day EMA and 61.8% Fibonacci retracement levels. Once above 24414, there is a strong case for Nifty testing 61.8% and 76.4% retracement levels which is around 25125 / 25566
There is also a gap around 25639-25739
Given the scenario, 25120 / 25550-25750 can be looked as potential target levels
Take care and safe trading
The series starts with 0,1... From here on the next number is obtained by summing up the previous two numbers. (0,1,1,2,3,5,8,13,21,34,.....)
After the initial few numbers dividing a number by the next immediate number, gives us roughly 61.8% (for eg 21/34 = 61.8%) and if we divide by skipping one number we get roughly 38.2% (for eg 13/34 = 38.2%)
Also 100-61.8=38.2
The number looks like in balance and holds greater importance.
Also we see Fibonacci having a great influence in our nature as well. Most flowers have petal pattern that would be a Fibo number.
We can observe Fibonacci in our body as well. Be it bones in our finger or the arm to hand ratio, we can see the golden ratios everywhere.
Incidentally the golden ratios work well in Share market as well...
Don't believe me... Look at the chart below
https://www.tradingview.com/x/lZRaI0qL/
The recent correction is a Fibonacci retracement of the rally that started from the lows made during India election results to recent highs.
Nifty has seen a decent jump which coincides with test of 200 day EMA and 61.8% Fibonacci retracement levels. Once above 24414, there is a strong case for Nifty testing 61.8% and 76.4% retracement levels which is around 25125 / 25566
There is also a gap around 25639-25739
Given the scenario, 25120 / 25550-25750 can be looked as potential target levels
Take care and safe trading
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน