Saturday, June 4, 2016

Nifty hit the Golden Ratio

Nifty hit the 8243, i.e 61.8% of 9119-6826 this week. Also this week Tuesday was a May month end and Nifty closed above 5 MHEMA after long 14 months which indicates the strength on higher TF now.


Coming week would be an interesting week to see whether price could surge ahead or show some correction.

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