Publishing herewith my idea about nifty for next quarter/month using weekly time frame, also giving some idea about day range
slightly complicated , will add some comments on saturday
slightly complicated , will add some comments on saturday
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17142-17102 is a monthly support for this month but breached 17102-17094 a quarterly price range, for this quarter, breached
17150-17190, normal day high range, will provide extended range in case price breaks it
price got support at weekly range
will update it with 4 hr range
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monthly closing above monthly pattern range is the right way 4 pattern ranges註釋
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dtd. Feb'28註釋
indicated monthly Inside candle and a monthly doji, if price breaks monthly ic level then doji high is next natural target註釋
monthly low almost on the range 16828, high 17800, let see where is the monthly close註釋
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as per this pattern 17100 and 17250 (approx) are the 2 support levels for this month註釋
curve pattern valid till apr'17, important thing about curve pattern, mostly price try to break the curve as soon as possible to avoid sharp fall , try to run away as far as possible from this pattern till its validity, so many times results in a small rally註釋
:agree:
a retest
s3.tradingview.com/snapshots/s/sjfV4GSX.png
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in 15 min註釋
mkt opened gap up, so daily levels becomes invalid , left with weekly and monthly levels as we hv monthly closing today註釋
price opened above 17207 which acted as support註釋
and perfectly got rejected at above levels註釋
17379註釋
price perfectly followed the range?註釋
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why i'm putting so much emphasis on quarterly candle註釋
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a very simple way to get some range註釋
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starting with a graphic,any comments?
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now we are going to enter in a new quarter but at the end of quarter we will also have end of 6 month candle註釋
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why we got a monthly doji, intersection of higher time frames註釋
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