Unit of Technical Analysis

resistacne @0.5 level yesterday and double bottom today. similar double top was formed at top also

17711-17721 can be a good level for upward movement, with day low as SL as it fors the 0.236 support level

Nifty Daily view Resistance @50% level of range. Nifty positive above the breakout levels

GANN cycles have a different view and should sustain the low levels

Nifty Daily view Resistance @50% level of range. Nifty positive above the breakout levels

Nifty weekly view seems Bearish 1. Trendline resistance 2. Evening Star 3. Resistance @0.236 level of weekly range.

Bingo!!!

GANN Cycles: 19th October’21- High: 18604.45 To (90 days Cycles) 18th January’22- High: 18350.95 As per Squaring of Time and Price we had 91 days (63 bars) up followed by 45 days down, so we had a low of 8th March’22- Low: 15671.45 i.e. 49 days (33 bars) The low was also confirmed on Fibonacci cycle by completion 1.272 target. Considering, 8th March’22- Low, we may get a 30 days low on 7th April’22 or maybe +/- 2-3 days. Trade smartly. (Expecting a Gap filling)

Chapter 7: The 2-5-8 Support levels 2-5-8 pattern our next topic this Friday fr Webinar

today, crossover above 0.236 level

17th March: 50% level crossover.

15th March: important level crossed and moved upside.

7th March: completion of reversal, followed by Bullish engulfing on 8th March

important levels in market upside movement.

50% retracement from day's range

Nifty 0.236 Resistance of Montlhy range @17922 level, please keep a tight SL

we are ON