this levels are based on the my analysis. when the makret consolidates meaning comes in a range after some big move, a great support and resistance lines can be formed.
levels can also be formed, where and which level did market respect based on opening and closing time. market giving respect meaning both buyers and sellers had agreed to that level.
i will soon post the patterns, and those trend lines formed by nifty. so stay connected!!
i have not drawn levels from 16828 till bottom. BECAUSE I DONT BELIEVE MARKETS WILL GO DOWN, this analysis is been posted and you can check in the link sections
levels can also be formed, where and which level did market respect based on opening and closing time. market giving respect meaning both buyers and sellers had agreed to that level.
i will soon post the patterns, and those trend lines formed by nifty. so stay connected!!
i have not drawn levels from 16828 till bottom. BECAUSE I DONT BELIEVE MARKETS WILL GO DOWN, this analysis is been posted and you can check in the link sections
