Nifty index critical level was 22462.65. See the percantage on chart.02 March 2024 we were resisted at 11 am candle and we saw the downturn till 06 March 2024 11 am candle. From double bottom we broke the the 22462.25 to form a new high at 22523.65 at 9 am candle on 07 March 2024. Anniversary date of low on Nifty was 08 March 2022 with Time we completed important square( of ??? ) from there. Low was 15671.45 we are up nearly 7000 ( Master No. 7 ) points from there. On 11 March 2024 we saw a double top on index ( which is a short in Gann Terms with small stop loss. ) those who could manage it were rewarded by markets. The All Time High was 22526.60 which 2.95 points above it. Earlier double top was 2 points difference at 2.65 points between 16 Jan 2024 and 02 Feb 2024. Thereafter we have attempted 22542.65 twice on 12 March 2024 at 10 am candle and 13 March 2024 at 9 am candle seen on chart. The break of 22201 was critical for the index and gave cycle target of 21904. Now we need to 21904 today for expiry. use this level of 21904 for trading the expiry as your bias. Markets are in relentess mode so be swift and do not be on wrong side of the markets.
Happy Trading !!!
Happy Trading !!!