NIFTY UPDATE

Yesterday afternoon I asked a simple Question on my TWITTER and WHATSAPP groups. The Question was, Do anyone see a Gap down for Today!!! After that I got several Direct Messages on TWITTER and WHATSAPP. 70% OF Participants were of the view that NIFTY could test 17,400 Today! Totally respect those views. From 70% of TRADERS. But what above other 30%, who gave their views? They exactly knew what we were Thinking! If you go through our Yesterdays post on NIFTY. We mentioned Todays Date as a Pattern Date. Now Logically if the Price Pattern is week, then TIME also have to follow the direction of Price! If Today markets have rallied with a Gap up then there was a case of re-calculating the entire structure. Another point which we mentioned yesterday was. But nobody is Intrested to find Trend continuation dates just to give you a hint, 24thJan 7th,Feb and 14th,Feb were Pattern dates for NIFTY. TRY to find similarities in all these dates and connect that with Todays date. It’s simple. Coming back to NIFTY now, already gave Price Points Yesterday. For Today keep a close eye on whatever low is made. That would be Very Important TIME wise!