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Sunil Kotak

18th May 2025 · SEBI-Registered Analyst

Nifty - Fib Retracement Levels

Nifty - Fib Retracement Levels 1) Chart attached in media 2) We have placed fib levels on charts for the rally to retrace back 3) We have seen rally from 21750 to 25000 and possibly it may touch 25250 in coming days 4) Now this is almost a rally of 15% on Nifty. This is huge. 5) We are expecting good amount of retracement. First major retracement comes at 24400. 6) So we need to book some good profits. 7) We need to create cash reserve to be deployed at lower levels. 8) Stock on radar are

LUPIN
CIPLA
9) This all data is for information. This is not a buy/sell call. Thank you, Technofunda24.

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