Trading with Fibonacci Part 2 by Himanshu Arora | How to Book Profits with Fibonacci

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This is the second part of the Trading with Fibonacci series by Himanshu Arora, where he has explained a technique to book profits for your trades using the Fibonacci extension.

After a recap of what was covered in the first video, Himanshu explains how the Fibonacci numbers can used to set targets for trades, using tools like the Fibonacci extension and Fibonacci retracement.

Majority of the video focuses on the techniques one should use to draw the Fibonacci extension the right way - how to plot its start and end points, how to identify appropriate support and resistance levels, and how to set targets for your trades.

Throughout the video, his analysis is supported by examples on the charts of Nifty and different stocks like DMart and Kotak Mahindra Bank.

Himanshu Arora's SEBI RA Registration No. - INH000016490

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Timestamps:
0:00 What you will learn in this video
2:28 How Fibonacci levels can help you find targets in the market
6:45 How to draw a Fibonacci extension the right way - example of DMart chart
8:00 How to draw a Fibonacci extension - example on Nifty 50 chart
9:22 How to draw a Fibonacci extension - example on Kotak Bank chart

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