Nifty 50 -
Nifty made significant movement from the recent key date. Complete downward movement is ruled out immediately as previous key date was of higher level.
Yesterday while doing calculation for targets, had idea that today it should mostly try sideways or down movement as yesterday it had achived the target that today it may take. Till now Nifty has been doing the same.
From back of mind, we assume market may make further movement from 1.30 to 2.15 in 15 minute TF. if not then wait for 3pm, in 15 minute time frame. it is actually based on a cycle completion calculation.
Nifty made significant movement from the recent key date. Complete downward movement is ruled out immediately as previous key date was of higher level.
Yesterday while doing calculation for targets, had idea that today it should mostly try sideways or down movement as yesterday it had achived the target that today it may take. Till now Nifty has been doing the same.
From back of mind, we assume market may make further movement from 1.30 to 2.15 in 15 minute TF. if not then wait for 3pm, in 15 minute time frame. it is actually based on a cycle completion calculation.
Trade closed: target reached
Perfet time trading.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.