Today nifty opens Gap up and took support exactly from green dotted line and continued advancing for next hr, but unable to close above green trend line, thereafter followed by few more candles remain in range, followed by big bearish candle which i was anticipating as shown in abc wave format. nifty finally closed below red resistance line indicating...
unfortunately all drawings got deleted from chart, hence not posted yesterday all lavels are marked so trade in accordance with this. will comment and post new chart after market hour. for educational purposes only arvind sahu
Price remain above the green dotted trend line, opened gap up and remain their for 1 hr, but next hr candle invalid its movement, on invalidation shorts could be opened up for targets upto narrow thin box as drawn on prev chart. technically price did not touch trend line and nifty closed above prior day range, hence bullish momentum remain intact. change your...
This is my first analysis publishing ever, may have errors, any suggestion will highly appreciable. this is all what i learned from my great @vatsji sir, and dedicated to him. 1. Narrow rectangular box indicates central pivot range, this range falls within weekly pivot range hence this range will act as good support/resistance for next day price movement. Hrly...