kbr9121965

FINNIFTY INDEX DAILY CHART " AS ABOVE ... AS BELOW " 12 MAR 2024

NSE:CNXFINANCE   Nifty Financial Services Index
The phrase "as above, so below" is an ancient quote to describe the idea that what happens in a higher realm or plane of existence also happens in a lower realm.
Markets move in harmony to Natural Laws. W. D. Gann researched it and discovered the Law of Vibration and found its application in stock markets. In pursuit of the same I have my own interpretation of the same. I foound the principle of " As Above As Below " works in market.
The chart of FINNIFTY depicts the same. We see symmetrical moves on it with 25% upmove followed by an 25% move downwards. The smaller move is 12.5% down abd 12.5% up. The levels to be watched on it are 21517.95/21092.25/20666.60/20240.95/19815.25.
Currently we are poised at 21092.25 level. We can use it for today's expiry as trend decider level.
Happy Trading !!!
N.B. Not a finanancial advice to buy or sell.
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