Magnified Action

Fibonacci levels

Nifty 30 minute chart

The immediate resistance support levels is shown on the chart. If 2600-2640 levels which has multiple resistances , is crossed convincingly, then one can go bullish with a stop at 2550. But if breaks 2550 then we could continue the fall with supports at 2485-2500. This level will give good support .

Happy Trading!!

Lakshmi Ramachandran
vipreetsafetrading.com