High Probability Ranges. Valid from April 24th-27th 2018

NSE:NIFTY   Nifty 50 Index
These are the results of some range calculations I have been using regularly for some months. These Fibonacci based ranges work for any candle duration. This is a variation of Classical Pivots and Camarilla .

The present calculation is based on price action of the week April 16th-20th 2018. Valid from April 23rd-27th 2018. Can be used in combination with the Daily ranges in my earlier chart
SL and targets depend on where the CMP is - the choice is one of the lines or dotted lines above/below CMP .

It helps to trade with the trend but this works pretty well even against the trend for short candle durations.

Please observe the performance of these zones before committing to trades.

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Comment: My weekly and daily probability ranges have proved quite accurate. Load latest bars and check.

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