Nifty is following a pattern in monthly time frame

Обновлено

If nifty continues with this pattern we could have a good range by the end of July, will provide the pattern range and other important points shortly in comment section

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nifty 12M and monthly ranges

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with weekly

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another possibility

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i tried to give possible normal monthly range for the next month but if this month candle breaks its edges them i hv to give the monthly range again for the next month, 12M levels also matching the higher side of the normal monthly range,

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if banknifty will be able to open above the monthly inside bar range and able to hold it we could have good inside range for the coming month/s

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curve and channel

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i cant update here regularly u can follow the progress in indian chat room

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new 4H

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so weekly followed the range

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monthly acted as resistance and also the below line as support

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here weekly level acted as resistance already posted these levels in above comment sections

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my last levels for this month and week

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and in BN

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if there will be strong movement 21721/21589/21245/21106/21949 comes into the picture till then gift nifty is moving within 4H inside bar ranges

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how above yellow timeline impacted the price movement

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my trading style is a combination of multi time frames levels ranging from 4H to 12M , many time i found arguments what is the purpose of 12M level in a day trading, well if the price is reaching the 12M level on a particular day it will impact the price on that particular day , for the levels i use different colour lines
i also try to use patterns in any tf, if, i found a pattern ,i usually try to find a pattern using channel very authentic, price is following not a single tl but 3 parallel lines , simple trend lines and curves/arcs
there is nothing 100% in trading same with the levels but most of time it works, i use smaller tf patterns 1m/5m to find the strength of the price at those levels this helps me to get better view of what price is doing in between the horizontal levels, so it helps me to keep my sl very short also gives chance of scalping

instead of using nifty / bn chart alone , i use both charts simultaneously, u will find it in the analysis, bn level bend the nifty level or v/v, i also use premium charts many time i found that premium chart levels changed the indexes pattern, how, i don't know

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got 2 trades both sides

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bn trying to change the pattern

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tls are guiding the path with in the limitation of various levels

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white lines are very important levels for nifty and bn both r monthly levels so very important

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monthly inside bar

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needs a celebration if able to sustain here if continue upwards a new journey

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☕🧁🍦🥧🍩🍨🎂🍰

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nifty future levels posted before the start of the week and now

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same gifty nifty then

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and now

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curve ne kya kiya

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nifty future 12M chart, resistance is there let's c, how price behaves here

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12M levels

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inside bar

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4H & daily inside bars

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23215 important day inside bar level

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thanks closing this idea for now

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light red is a 12M level so need to be watch full here

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if interested in this pattern

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largest curve

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important place that's why shown some possible patterns

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but not going to give any follow up till closing

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previous day closing

nifty not able to break the green/day and almost closed at yellow /4H

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within the oldest curve

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no more updates for the day

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gift

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start of the week

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end of the week

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gift at the start of the week

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now

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future on 10th

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and now

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just press end button for the latest update , u don't need to scroll the whole idea and for the ist page home

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in future 23604 is a 12M level a resistance and 23505 is a monthly ,next levels are quite high

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old one

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a possibility but keep an eye on levels also , expiry

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new idea

Nifty is following this channel in 15 min tf

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same future idea how perfectly ended in the month

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also the curves

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no more updates on this idea thanks for your support

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omvats1

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