Nifty - Fibonacci Support

Will Nifty hold on to 4829 ( 61.8% retracement) is the big question.

Probability is ; it will.

Sensex has already closed below important level of 16534 as per Wave theory. Is it going to be a blip & recovery will take the index to a high again ?

Time knows the best.

IBREAL - UPDATE

The script has not broken the support level yet.

Can be held with the stop loss mentioned.

At this point, Dow is up by 50 odd points.

please go through the disclaimer mentioned elsewhere on the blog.

Disclosure : I am holding the positions in above mentioned stock.

IBREAL - FIBONACCI RETRACEMENT

WATCH OUT THE LEVELS MENTIONED IN CHARTS.

Script has taken support @189 level, break of it can drag it to 163.

One can hold the position with stop loss of 186 for the target of 245.

please go through the disclaimer mentioned elsewhere on the blog.

Disclosure : I am holding the positions in above mentioned stock.

IB REAL - FIBONACCI

FIBONACCI levels for IBREAL .

One can take position for target of 246, keeping stop loss of 213.

please go through the disclaimer mentioned elsewhere on the blog.

Disclosure : I am holding the positions in above mentioned stock.

TATA STEEL - FLAG BREAK OUT

TATA STEEL has a flag break out & has potential to touch 700.

Stop loss of 623 is must.

please go through the disclaimer mentioned elsewhere on the blog.

Disclosure : I am holding the positions in above mentioned stock.