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Unit of Technical Analysis

Unit of Technical Analysis

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Nifty & BNF Index trading Education @chetanpathare80 Disclaimer: NOT SEBI REGISTERED ANALYST.ALL POSTS ARE EDUCATIONAL PURPOSES. NO CLAIMS RIGHTS RESERVED. NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS. PLEASE CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING.

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watch out for the levels
watch out for the levels

March onwards, we will take an initiative of teaching 10 students every month, with basics and daily trend formations. These students have to complete the homework given on daily basis. An hour during trading time and an hour post trading every day from 1st March. Those interested can join in the group.

again the reisstance for Nifty had been at 0.786 level i.e. 17346 of the daily range. But closing above 17151can be considered as positive closing.

created a range and then 0.236 retracement below 50% level. wait for the signal and the confirmation too to get right entry

17211 is 50% of day range

look at the 0.236 level support of the range and noe 1.618 target completion
look at the 0.236 level support of the range and noe 1.618 target completion

we hit 1.618as per day range formed in the morning

17151 is 50% retracement level, once we cross and sustain above these levels, we shall see a good uptrend
17151 is 50% retracement level, once we cross and sustain above these levels, we shall see a good uptrend

almost 1.618 completion
almost 1.618 completion

we got Lower highs here's which should take us to 1.272 levels

expected 50% retracement from the today shown with arrows

just a reminder for 30 days sub-cycles. WE already know the levels

Good Morning every one, many have been asking me to create interactive group, where they can send charts, ask questions and interact for better understainf and learning. The above link is for that purpose.

@all Intraday Trading Part 2 video is uploaded on YouTube channel. Please do subscribe to the channel for instant notification

@all Intraday Trading Part 1 video is uploaded on Youtube Channel

will uplaod both the recordings soon...