The Magic of Fibonacci Retracement provides the proper future predictions
Analysis done on 12-Apr-2020
Script name: NIFTYBEES
Timeframe: Daily
Buy @ 96.23
Target@ 102
Analysis done on 12-Apr-2020
Script name: NIFTYBEES
Timeframe: Daily
Buy @ 96.23
Target@ 102
Comment:
From the Candle formation on 17-Apr, the market will retrace "UP" till 100.70 points and will continue the sideways for few days for Short
Trade closed: target reached:
As per our Prediction, NIFTYBEES should retrace till 100.70
Today (20-Apr) the Market reached the High of 100.96 and the Closed below 100.70
But previous prediction was lying on 102 Levels. If the market is in Sideways,
then the Day traders would be in TRAP
Today (20-Apr) the Market reached the High of 100.96 and the Closed below 100.70
But previous prediction was lying on 102 Levels. If the market is in Sideways,
then the Day traders would be in TRAP
Comment:
Today (22-Apr), NIFTYBEES touched 102 as High.