nifty trend analysis

Nifty 50 IndexNSE

Description

⋅ Sep 30, 2021 4:02 PM

NSE:NIFTY

Time frame day .

start from 14,159
1st pole 15,967
consolidation ( please check the box )

again I clone the same pole and add 100 points as a buffer now 2nd pole is completed

again I copied the box from the last box I came to know 17502 is the ultimate Breakdown level.

upper side 18416 and add 100 buffer almost 18516.

this calculation is based on pole and flag .. please let me know what you think :) Thank you

Comments

rrithe9

⋅ Sep 30, 2021 4:34 PM

This is actually useful and I have been working on box strategy on 30 min time frame on index and stocks the same way using clone as you did! Great! Thank you for such an interesting way of analysing market!

DeepakGB

⋅ Sep 30, 2021 4:42 PM

Thank you :)