Unit of Technical Analysis

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Gap filling + 50% retracement in Market

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This is 15 & 5 minutes now

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Look at the similarity between Daily & 15 minutes chart of Reliance

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Nifty has resistance of 18035, once it moves above it, we can good upmove again

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Nifty yet to take a support

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1.618 retracement completed in Bank Nifty

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From 0.236 levels

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200 points from bottom

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And now @0.786 of day Let's see if it sustains

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Doubled my investment in Reliance option

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Nifty should stay above 17873 now.

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@919860909095 Bank Nifty 0.236 support while Nifty completed 1.618 retracement

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Nifty has completed a 1.618 retracement from top

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Bank Nifty at good support for upmove

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Trading in the Zone by Mark Douglas

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Technical Analysis of Stock Trend by Edwards & Magee

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Trading for a living by Alexender Elder

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https://youtu.be/g7MEEB7e_8o

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And sustain it too

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Crucial to cross 17883 level which is 50% of day range