Flashback
Fibonacci time zone confluence is making its mark.
Although both RIL and nifty achieved bullish targets, both did not give buy oppurtunity.
Bear Level
Short nifty future around 4635 with stoploss at 4650 for targets 4575, 4540, 4520, 4495.
Bull Level
In the scenario of nifty future crossing 4650 buy on retracement to 4625 with stoploss at 4595 for targets 4685, 4705, 4730.
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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