Monthly fib- red
Weekly Fib- green
Daily fib- yellow
Fibonacci is not only present in nature but is evidently present in our stock markets (commodity and crypto too).
This helps us to mark the important support and resistance levels without any other stimulus.
Weekly Fib- green
Daily fib- yellow
Fibonacci is not only present in nature but is evidently present in our stock markets (commodity and crypto too).
This helps us to mark the important support and resistance levels without any other stimulus.
after breaking daily fib, nifty got rejected and takes a rest at the biggest tf fib i.e. monthly fib
zoom in the chart to see the clear image.