Interesting Period Observation in Nifty movement going forward* I personally don't give too much attention on moon-phase for price-action *
BUT
One very interesting observation I have.
Just use a simple prediction where the Nifty can go from there. A couple of observations:
The dotted line is the prediction based on the last 50 days similarity pattern of the price action.
Its going up for 14 days (1 moon period), then down to another 14 days and then again up for 28 days!
And the movement is perfectly inline with Elliot Wave 1-2-3-4-5 impulsive price pattern.
Just an observation, not a recomendation.
