Nifty
CMP 9606
Sell on rise will hold true if Nifty stays below 9648 levels on closing basis...
NIfty is at 61.8% Fibonacci retracement level of the fall from 9710 levels to 9448.
& 9648 represents 76.4% retracement level
We look to sell Nifty if it is to get resistance in this zone of 9610-9648
Take care and safe trading...!!!