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1. KaranatakaGoa Grey   I Like It. |Report Abuse|  Link|July 30, 2018 9:58:53 PMReply
NIFTY MONTHLY CHART ANALYSIS

2012 to 2015(Jan12 to Mid2015)

Nifty low 4530 -- 9119 Nifty High (4589pts)

2015mid to 2016feb
Correction fib... retrace 50% of 4589

Nifty High 9119 to 6825Nifty low
(( Minimum 61.8% of 4589 or 100% of 4589 ))

2016feb to 2017

6825 + 2836(61.8%)= 9661 level
(Remember 3 bottoms on weekly chart of Nifty in mid 2017 ((9685 level.))

100% of 4589

6825+4589==11414
(Nifty heading towards)