Fibonacci Retracement

Nifty rebounds from demand zones to log a solid breakout, keeping the uptrend firmly intact

Nifty wrapped up the week on a strong note, rebounding steadily from lower zones, reinforcing a continuation pattern that supports further upside. The index closed decisively above the highs of the last three sessions, signalling a clear revival in bullish sentiment, aided by the positive monetar...

Nifty Loses Steam for Third Straight Session; Consolidation Deepens Near Fibonacci Support

The Nifty index extended its corrective phase for the third consecutive session on Wednesday, reflecting a steady loss of momentum amid persistent selling pressure at higher levels. The benchmark continues to hover near a cluster of critical support zones even as overhead resistance caps every mi...

What is Fibonacci Retracement: Discover the Levels

In the world of technical analysis, few tools command as much respect as Fibonacci retracement. Derived from a centuries-old mathematical sequence, it remains one of the most effective methods for identifying potential support and resistance levels in trading. Whether you’re analyzing equities, c...