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
Nota
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
Nota
monthly closing above monthly pattern range is the right way 4 pattern rangesNota
Nota
dtd. Feb'28Nota
indicated monthly Inside candle and a monthly doji, if price breaks monthly ic level then doji high is next natural targetNota
monthly low almost on the range 16828, high 17800, let see where is the monthly closeNota
Nota
as per this pattern 17100 and 17250 (approx) are the 2 support levels for this monthNota
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 rallyNota
:agree:
a retest
s3.tradingview.com/snapshots/s/sjfV4GSX.png
Nota
in 15 minNota
mkt opened gap up, so daily levels becomes invalid , left with weekly and monthly levels as we hv monthly closing todayNota
price opened above 17207 which acted as supportNota
and perfectly got rejected at above levelsNota
17379Nota
price perfectly followed the range?Nota
Nota
why i'm putting so much emphasis on quarterly candleNota
Nota
a very simple way to get some rangeNota
Nota
starting with a graphic,any comments?
Nota
Nota
now we are going to enter in a new quarter but at the end of quarter we will also have end of 6 month candleNota
Nota
Nota
Nota
why we got a monthly doji, intersection of higher time framesNota
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.