Nifty is following a pattern in monthly time frame pour NSE:NIFTY par omvats1

If nifty continues with this pattern we could have a good range by the end of July, will provide the pattern range and other important points shortly in comment section

Commentaire:

Commentaire:

nifty 12M and monthly ranges

Commentaire:

with weekly

Commentaire:

another possibility

Commentaire:

i tried to give possible normal monthly range for the next month but if this month candle breaks its edges them i hv to give the monthly range again for the next month, 12M levels also matching the higher side of the normal monthly range,

Commentaire:

if banknifty will be able to open above the monthly inside bar range and able to hold it we could have good inside range for the coming month/s

Commentaire:

curve and channel

Commentaire:

i cant update here regularly u can follow the progress in indian chat room

Commentaire:

new 4H

Commentaire:

so weekly followed the range

Commentaire:

monthly acted as resistance and also the below line as support

Commentaire:

here weekly level acted as resistance already posted these levels in above comment sections

Commentaire:

my last levels for this month and week

Commentaire:

and in BN

Commentaire:

if there will be strong movement 21721/21589/21245/21106/21949 comes into the picture till then gift nifty is moving within 4H inside bar ranges

Commentaire:

how above yellow timeline impacted the price movement

Commentaire:

my trading style is a combination of multi time frames levels ranging from 4H to 12M , many time i found arguments what is the purpose of 12M level in a day trading, well if the price is reaching the 12M level on a particular day it will impact the price on that particular day , for the levels i use different colour lines
i also try to use patterns in any tf, if, i found a pattern ,i usually try to find a pattern using channel very authentic, price is following not a single tl but 3 parallel lines , simple trend lines and curves/arcs
there is nothing 100% in trading same with the levels but most of time it works, i use smaller tf patterns 1m/5m to find the strength of the price at those levels this helps me to get better view of what price is doing in between the horizontal levels, so it helps me to keep my sl very short also gives chance of scalping

instead of using nifty / bn chart alone , i use both charts simultaneously, u will find it in the analysis, bn level bend the nifty level or v/v, i also use premium charts many time i found that premium chart levels changed the indexes pattern, how, i don't know

Commentaire: