You can see in the chart clearly found the strongest pattern on NIFTY.
Red trendline plotted to "a" to "g" are strongly pushing to it up which has more strength compare to "1" to "3". This breakout will push 300-500 points nifty.
Trade closed manually
⋅
We have seen breakout and Big moved also, but it was downward.
my only question..what is going to push the market up? the ones which have pushed the market are looking stretched..
capsule91
⋅
@mklives, this is a 15mins chart sir... :P and you are trying to find analysis logic in it? what happened to u great sir?
mklives
⋅
@Sandipan.mch, well market tanked big time.. well the call didnt take into account the big boys of nifty which were getting topped out...
my analysis worked :)
capsule91
⋅
@mklives, hmm... as always greats sir..! teach me some charts please sir
@Sandipan.mch, firsr time, i known that, 15min chart has no logic .....!!!
capsule91
⋅
@Kinnari_Prajapati, oops u got me wrong, the great @mklives sir was asking about a broader market analysis, for which a 15mins chart has little value i meant...it was not directed to your use of 15mins chart... peace..
Trade-Technique
⋅
@Sandipan.mch, I am sorry for the misunderstanding. Well, nice to meet you.
mklives
⋅
@Sandipan.mch, the great me .. cant find the laughing smiley,, but anyways thank u.. even in 15 msins chart have to be careful cos the biggies define nifty movement. that was my say