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24 Aug 2021
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A fibonacci tool is applied on Pic-1. Brown base line as 100, Then I adjusted the 61.8% line on flag breakout line and Eureka!!!!! 0% is fit with our flag target line.
Conclusion- by chance nifty touches flag target line on 10th June , with an hourly bearish candle go for short for a 38 % correction. We can not time the market when it will reach to its target , so its best to sell option once the direction is clear.
A fibonacci tool is applied on Pic-1.
Brown base line as 100,
Then I adjusted the 61.8% line on flag breakout line and Eureka!!!!!
0% is fit with our flag target line.
Brown base line as 100,
Then I adjusted the 61.8% line on flag breakout line and Eureka!!!!!
0% is fit with our flag target line.
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