this analysis is for nifty in 30 min timeframe.
As it can been seen in the chart that all the fibo levels have been respected.
tomorrow 16900 may prove to be of a great support level, if broken next support level will be in range of 16790 - 16725.
The resistance level can be of 17100 level.
As it can been seen in the chart that all the fibo levels have been respected.
tomorrow 16900 may prove to be of a great support level, if broken next support level will be in range of 16790 - 16725.
The resistance level can be of 17100 level.