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Lead Investor & Prop Desk Trader | FA & TA | Portfolio Mgt & Repair | Founder-Nimblr TA Open Source (on Blog) Candlesticks & CCI Master

Jul 2, 2019, 8 tweets

Nifty 5 min chart!
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Pink horizontal lines are where they is resistance and obstruction to price flow. In between them free flow of price is possible.

With C=0 occurring the likelihood of 11848 is possible.
11;35

You will observe rotation between pink horizontal lines which are range due to bodies of indicisive candles ...
Nifty Spot 5min chart !
12;10

Nifty update ... Rotation ongoing ...! ... 12;33

Strength Candle over Indecision Bank is barrier crossesed and we move to next higher resistances.
Nifty 5min chart 12:57

Nifty Update .. one more indecision barrier crossed with a placement of body of strength candle over it.
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Just classification of candles in to two - Indecision & Momentum... Names of Candles don't matter .. is that a wake up call? .. doing it for years !

Nifty Spot 11869 … even a marginal higher high above 27Jun19 high of 11911 will change the structure of current wave to HH HL …. 13:15

Nifty Spot 5min chart ... how simple price flow is easy to read ... guess why ?
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13;34

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