As calculated by fibonacci technique, SBI falls from 280 to 249.

SBI was projected on 25th May 2015 based on Just the Fibonacci technique , the price that time was 280 and the projections were made to 2 zones in which the second zone was mentioned to be high probable. SBI traded around 249 on 16th June 2015.

SBIN Primary SBI   280 to 249 As Projected By The Fibonacci Technique

SBIN Alternate SBI   280 to 249 As Projected By The Fibonacci Technique

No, Elliott Wave was used in it, this shows the power that Fibonacci technique has got. The people who fear learning Elliott Waves can learn just this technique to get the trading levels in advance. It is a very simple technique which could be learned in less time and could be applied instantly in the market.

This course is different from the traditional Fibonacci ratios which we already know. We are offering to use Fibonacci technique to use them in a different way, with many other Fibonacci Ratios rarely known to anyone. These Fibonacci ratios identify the target in advance by creating a confluence zone.

By Ruchir Gupta

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