Flashback
The fibonacci time confluence did take place, but unfortunately, long stop loss was triggered in the process.
Bull Level
Buy nifty future around 4445 with stop loss at 4410 for targets 4505, 4535, 4565, 4600.
Bear Level
In the scenario of nifty future breaking 4410 , short at retracment to 4440 with stop loss at 4465 for targets 4390, 4350, 4320, 4290.
Sultan of Stocks - Bears in trouble
See the low of RIL today and weekly level here.
For tomorrow trading buy RIL around 1965 with stop loss at 1941 for targets 1995, 2025, 2045.
In the scenario of RIL breaking 1941 short on retracement to 1958 with stop loss at 1978 for targets 1925, 1905, 1890.
Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss.
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