Please find the NIFTY pattern for May 12 2021 based on Sentiment analysis. This does not 100% represent price always but shows the sentiment for the day based on past data. A data discovery and NOT a prediction.
Since tomorrow is Holiday some part of tomorrow sentiments will get reflected today itself altering the pattern a bit. Tomorrow we were supposed to have a HUGE gap UP and later fall but since it is a holiday , the second leg of today pattern which is a fall may not happen and stay UP till EOD
Please note sometime Nifty may not FALL immediately after sentiment drops or goes up immediately as sentiment goes UP. There is a smooth UP and Down transition as well.
What is 45 written on the chart . How to find this sentiment indicator & its parameter . Also pl label wave count .
AstroAnalytica
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@JagdishKumarPahuja, The Sentiment indicator is in the google drive link. The heikin Ashi chart is 45 min chart and has no significance to what i am conveying. All details in google drive document
meetcnu
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Today market did not follow this pattern... Reason?
AstroAnalytica
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@meetcnu, please see the results. The second leg had a slight variations but fairly following the pattern.The flatness after the first fall has got one more spike and fall.This is not AI price prediction but pattern sequence of today based on past data pattern.This will NOT match 100 % but fairly gives an idea how today pattern will look like. We can predict upto 5 days in advance is the benefit
skyconnect11
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can u ples explian
AstroAnalytica
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@skyconnect11, The higher the Value higher is the positive sentiment .This "ideally" reflects in Price increase but the objective is to see the pattern and use it along with Intraday levels and timings to take action