Watch out for these retracement levels
- 38.2% - 5110
- 50% - 5230
- 61.8% - 5350
- 100% - 5738
Nifty has been laboring to stay above 5110, but all the candlesticks have been not confident bull candlsticks.... So lets see if today it can close above 38.2% retracement. Moreover we have news filled two days due to Fed meet and a turn date at our hand. So we will wait till tuesday to take on new positions.
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