F618

It was the great day to learn as Nifty, in technical terms, showed two classic phenomenon. After steady downfall since 11th  May, the technicals of Nifty showed reversal on 26th May.

but the good days dont last long and Nifty is not an exception. As Niftry retreats people are bit shocked and anticipating a contiuation of downtrend. Now here comes the Technical Analysis into the picture. Check this out..

Traders panicked as Nifty had a red day on 1st June. On technical front Nifty displayed a classical 61.8% retracement. A phenomena that we all read in textbook is appeared in real time.