Nifty's attempt to recover did not sustain yesterday. It finally broke 50D SMA and closed below it. Now 5200 is the level to watch. India's rating downgrade news may be a trigger now.
Fibo Targets:
From To 50% 61.8%
5032 5448 5240 5191
Nifty is currently at 50% retracement.
Fibo Targets:
From To 50% 61.8%
5032 5448 5240 5191
Nifty is currently at 50% retracement.
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