NIFTY FUT 5 DAY 5 MIN:FIBONACCI RETRACEMENT: I HAVE TAKEN RETRACEMENT FROM PREVIOUS DAY'S HIGH (5138) TO THE LOW OF 24.11.09 WHICH WAS 5052 (MARKED IN BLUE )
THE ABOVE CHART SHOWS THAT NF FACED RESISTANCE AT 61.8% AT 5085(MARKED WITH ARROWS) WHICH IT TOUCHED TWICE (ALSO DOUBLE TOP) AND CAME DOWN HEAVILY AND CLOSED AT 5005 VERY CLOSE TO 161.8% OF THE RALLY WHICH IS AT 4999
BIG VOLUMES:
TOTAL TURNOVER WAS AT 1.59LAKH CR ( HIGHEST EVER )
F&O TURNOVER : 1.37LAKH CR
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