Nifty Reversal Point 17062: 0.236 of the range

2022년 2월 8일

no points for guessing the reversal point 17062
Range and exactly at 0.236 of the Range, we again got a reversal.

2022년 2월 8일

코멘트

today's High was resistance at the trend line.

2022년 2월 11일

코멘트

17589.65 is 0.786 level of the range formed after taking support at 0.236 level.

Taking support of this level, we move further up above 17794.6 above 1 level, previous high of 2nd Feb.

We may also find backtesting of the trend, before we move further.