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Nifty Fibonacci levels connected between recent swing high (12340) and low(7511). After crossing 8500-8550, strong resistance formed at 9380-9420 (9395 is 38.2% Fibonacci Levels – Exactly hit 9390) and has fallen. 8900-8850 next immediate support and next levels are 8679, 8500, 8370 & 8265. If breach 8100, then can expect 7950 levels and further downside again. Any upside is capped at 9500-9650 levels...