I don't think you read any of the connected tweets regrading Nifty's movement in the last Month
Let me help you out so that it helps others too to understand how they can too see such a moves sometimes by studying P&F Charts
Let me help you out so that it helps others too to understand how they can too see such a moves sometimes by studying P&F Charts
Tweet#1
LTP: 15,872.20
7 March 2022- Posted that holding 15600 will be important.
Next Session: March 8th Nifty Futures
Made a low- 15676 and closed @ 16010 which was above the level of buy ( 15967)
From here bullish journey starts
LTP: 15,872.20
7 March 2022- Posted that holding 15600 will be important.
Next Session: March 8th Nifty Futures
Made a low- 15676 and closed @ 16010 which was above the level of buy ( 15967)
From here bullish journey starts
Tweet#2
6 Trading Sessions later
LTP: 17,322.05 ( 17th March)
20 March 2022-
Posted that Nifty is overheated but untill 17k is broken the trend is bullish but 17400-17600 is going be the resistance but 17900 is on the way and the next
6 Trading Sessions later
LTP: 17,322.05 ( 17th March)
20 March 2022-
Posted that Nifty is overheated but untill 17k is broken the trend is bullish but 17400-17600 is going be the resistance but 17900 is on the way and the next
Next Session: March 21th March
Nifty Futures makes a High 17392 ( 8 points shy of 17400) and then tests 17130
Next Session:March 22nd March
Makes low of 17051 ( 17k defended) and closes above 17380
Nifty Futures makes a High 17392 ( 8 points shy of 17400) and then tests 17130
Next Session:March 22nd March
Makes low of 17051 ( 17k defended) and closes above 17380
Tweet#3
Ltp:17216
27 March 2022-
Posted that closing above 17364 will be the needed to move ahead, again defense of 17k crucial but its tilted toward Bulls and after 17364 is crossed 17660 is the intermediate tgt.
Ltp:17216
27 March 2022-
Posted that closing above 17364 will be the needed to move ahead, again defense of 17k crucial but its tilted toward Bulls and after 17364 is crossed 17660 is the intermediate tgt.
Next Session: 28th March
Nifty makes a low of 17025 and 17k still holds.
By 29th March finally close happens above 17388 ( above buy level of 17365)
Nifty makes a low of 17025 and 17k still holds.
By 29th March finally close happens above 17388 ( above buy level of 17365)
March 31
17k not broken till March Expiry.
Expiry happens at 17,464.75
April 1- Makes a High of 17771
Intermediate target of 17660 is done and now doors open for 17900+
17k not broken till March Expiry.
Expiry happens at 17,464.75
April 1- Makes a High of 17771
Intermediate target of 17660 is done and now doors open for 17900+
Tweet #4
Ltp: 17737
2nd April - Posted that 17945 is near with TSL of 17467
Ltp: 17737
2nd April - Posted that 17945 is near with TSL of 17467
Next session
4th April
Nifty makes a High of 18155 and tgt of 17900+ is done as well.
This is the journey of price as seen on P&F Charts and not via news.
If someone has the will to focus on technical study then they can read this move, they won't need to blame the news flow.
4th April
Nifty makes a High of 18155 and tgt of 17900+ is done as well.
This is the journey of price as seen on P&F Charts and not via news.
If someone has the will to focus on technical study then they can read this move, they won't need to blame the news flow.
Loading suggestions...