FIBONACCI RETRACEMENT FOR NIFTY

NIFTY UP FROM 4580.35(04/09/09) TO 5036.3 (22/09/09) IF NIFTY COMES DOWN FIRST SUPPORT WILL BE @ 38% OR 4864, NEXT SUPPORT WILL BE @ 50% OR 4808, NEXT SUPPORT WILL BE @ 62% OR 4754.


INVESTORS CAN INVEST IN THESE LEVELS AS PER YOUR OWN IDEAS. I JUST GIVEN YOU A FIBONACCI RETRACEMENT THEORY. THIS IS WHAT HAPPENED IN THE PAST.