Always Price is the First Information will tell you the exact picture of the Market...
Nifty Chart Interpretation..
When BrExit (useless) gap down....our market (Nifty) reacted 4.5% down...but....not able to break the lower band (marked as No.1).....
After not broken the bottom level.....Closed above Aqua (market as No.2)....confirming the trend is reversing.......(if any one wants to take long...then bottom level is s/l....)....
From Point No.2 (Brexit is dead in Indian Market - Market has given indication...reaction is over)....
Then Point No.3 closed above our level...confirms the uptrend is continuing....
In the point No.1 (above Nifty Chart) see the Nifty Call Option Formed Lower Formation and Reversed..
In the Point No.1 (above Nifty Chart) see the Nifty Put Option Formed Top and Reversed....
See the Opportunity and almost Call Option is more than doubled.....
This the way you should learn the chart and trade....when you get opportunity.....
All idiots are trading every 5 minutes and losing money...
The all above levels are arrived based on one of the learner based on his own calculation with different strategy.......my congratulations to him for his Mind Mapping Levels...
Let us do wonders in the coming weeks.....this is the continuous improvement Mind Mapping Strategy.....
Our goals are big.......gain the knowledge and think big / achieve big.....
Intelligence is different and execution is different....we know where to use our intelligence and how to use and when to use..........
Be positive and Don't Gamble......
All best ..............Learn and Earn...
