Unit of Technical Analysis

Reversal: 1.618 completion (Centre Fibo) Range 0.5 completion (RHS Fibo) Previous fibo (1st from left 0.786 support) Bingo!!! We should see goodup movement now

xX swings. note all points 1-7 on bigger fibonacci are replicated from similar points on smaller fibonacci. 1: Retracement at 0.618 levels, which are considered as very strong Pullbacks 2. Support at level 1 of fibonacci 3. Level 1.618 of fibonacci 4. Support at level 1.272 of fibonacci 5. Resistance @ point 1 i.e. level 1.618 turns into Support @point 5 6. Support at Level 2 7. Target 2.618

Not able to cross the day range formed and retraced from 0.786 level at top

Nifty above 50% level of the range

time to Buy Nifty at 50% level of the range

Hindi: Chapter 4 Trading Fibonacci Levels & Extensions

Refer this video, last 10 mintes of the video part, where the importance of 0.786 level of Bull range is mentioned for reversals towards the End of Bear Market. We may touch 0.786 level (16230) in July and move down further to 0.5 level (13057) in coming 3-5 months

We should be going around 16230 levels i.e. 0.786 level of Bull range (RHS Fibo)

Basics: MACD

Basics: Measuring RSI

Measuring RSI in number of Points

Update: 23/6/22 Fibo 1: Reliance moves below 0.786 level i.e. 2474

Thank you Everyone, we have got 50 out of 525 in the group. That should be good to start for July. Let's take small steps at a time.

1st fibo (Left) 2.618 completion 2nd Fibo: taking a support at 15450 level which is 50% of the range 15450 to 15600 will be range bound zone for nifty.

2015-16 Bear Cycle Inverted Cup & Handle for reference.

request only serious people to join the group, there will be lot of homework given and study and backtesting to be done. People who dont have time and dedication may please refrain from joining the Group. Thanks

Topics covered Unit of Technical Analysis: Monthly Cycles Chapter 1: Bull & Bear Cycles Chapter 2: Bear Cycle: How to identify Early Stage, the Bear Cycle, End of Bear Cycle Chapter 3: Bull Cycle: Consolidation the Early stage, the Bull Cycle, How to Trade the Bull Cycle Weekly Cycles Chapter 4: Trading Fibonacci Levels Daily Cycles Chapter 5: How to Trade the Market 50% retracement Chapter 6: Fibonacci: Multiple Dimensions: the reversals Chapter 7: The 2-5-8 Support levels Intraday/ Hourly/Minutes Chapter 8: Daily Trade cycles: Daily Intraday patterns formed by Nifty Chapter 9: Trading days/ Non-Trading days Chapter 10: Measured Moves.