Todays Nifty setup is known as Higher Value Relationship. On such days it is said and proved that if the price opens gap up and then pulls back which is the perfect time to buy(buy the dips). Concentrate on the blue highlighted box.
To learn the 15 candle patterns and the 7 CPR relations please do message me. Very helpful
Om Namah Shivay
Statistics :
1. From our study of 5 days trend analysis, where the opening trend direction changes after few hours - All show similar trend.
2. The first direction change in few hours, have a consistent target price, when the trend is reversing in between.
Result :
1. A 1.618 extension is the price range for the reverse direction change...
Om Namah Shivay
Analysing the Nifty opening prices and the trend for the day.
Statistics
1. From 20 trading days, 13 trading days have the starting price on the clear edge. i.e. within 10% of the top/bottom price of the day.
2. From 20 trading days, 7 trading days have the starting price on the near clear edge, i.e. within 20% of the top/botom price of the...
Brothers, The first Nifty Astro Roadmap chart
This is drawn with a 1 minute chart and then shown on 15 min chart.
It looks nice and beautiful. See how time and price square at what angle.
This is a learning chart.
The 1 minute chart is
in.tradingview.com
Note: I am a soul the son of Supremesoul Parampita Shiva. I amaround 2 months into trading and...
In both daily & weekly time frames it has breached through support of 2060-2090. Going forward until price does not sustain above those levels it could further slide down towards 1925-1900, where it also has a Bullish Harmonic AB=CD PRZ. HDFC has a lot of weight in the Nifty index and has now started showing signs of a correction like other stocks
Becoming a better day trader requires that you not only focus on textbook knowledge but also yourself. This is why it is so important to put some focus on trading psychology.
1. Know Your Strengths – Knowing your strengths is a crucial part of trading. It’s important to focus on what you are good at so that you may focus your attention in that area.
2. Develop...
nifty tested support @10800. now take a pullback and test 11250 is resistance level. i will take a long position @ 11080 stop loss @ 10840 Target @ 11260
Nifty Day setup - Some targets achieved, few waiting
Due to symmetrical triangles ( multiple), there was multiple targets today.
One target is over. Cautious on 2nd target
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