After a Mega Breakout Nifty Faces Major Fibonacci Resistance.

After a Mega Breakout Nifty Faces Major Fibonacci Resistance in the coming days. This resistance is at 20720. Once we get a closing above 20720 channel going towards 22000 will open. Since Nifty may face consolidation / Profit booking in the coming days the supports for Nifty will remain near 20518 and 20021. 19659 will be the level closing below which bull run might end.