Mayhem in NIFTY!!!
Global news impacting the market. Nifty gave a gap down opening from its previous close on Friday, 11 Feb 2022.
Fibonacci Level 17055, which was acting as support, is now serving as Resistance. The next strong support level as per Fibonacci Chart is at around 16700.
Gann Square of 9 support levels is at 16950.
SuperTrend, Heiken Ashi, and Follow Line Indicators are in deep red in 5 Min, 15 Min, 30 Min, 1 Hr, 4 Hr and Daily charts.
Fibonacci Level 17055, which was acting as support, is now serving as Resistance. The next strong support level as per Fibonacci Chart is at around 16700.
Gann Square of 9 support levels is at 16950.
SuperTrend, Heiken Ashi, and Follow Line Indicators are in deep red in 5 Min, 15 Min, 30 Min, 1 Hr, 4 Hr and Daily charts.
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