Home  ||  NSE  || BSE  ||  SEBI  || Contact Us  ||  Disclaimer  ||  Privacy Policy  ||  Subscribe Us  ||  Help

Copyright © 2008 calloptionputoption.com  All rights reserved.
Rights of Subscription Reserved.
This site can be best viewed in IE 5.0 or above, 1024 x 768 Resolution.
Protected by Copyscape DMCA Takedown Notice Violation Search
OPTION MASTERS attains ISO 9001:2008 Certification for Stock Equity and Commodity Research for National & International Market.
Fibonacci Retracement


A term used in technical analysis that refers to the likelihood that a financial asset's price will retrace a large portion of an original move and find support or resistance at the key Fibonacci levels before it continues in the original direction. These levels are created by drawing a trendline between two extreme points and then dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8% and 100%.

Fibonacci retracement is a very popular tool used by many technical traders to help identify strategic places for transactions to be placed, target prices or stop losses. The notion of retracement is used in many indicators such as Tirone levels, Gartley patterns, Elliott Wave theory and more.
Tell a Friend
Trade In Call and Put Option
Trade In Call and Put Option
AN ISO 9001 : 2008 CERTIFIED COMPANY
United States 1-866-878-0289
India 09887766554
Share |