Why is Nifty Falling? (Price action Analysis):

Black line is weekly open for 6 march. Market came back for pull back up till the open of 6th March

#ictconcept #nifty50 Image
Ran through liquidity with displacement creating FVG and breaking old lows.

Reaching day equal lows to rebalance the imbalance.

Nifty 50
1:7 Image
Always refer to higher timeframe to build a context for your trading ideas!

This is my personal view; others' opinions may differ.

Follow @_srdash to learn more Smart Money Concepts & ICT Rules for Indian Markets.

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More from @_srdash

Jun 1, 2023
In just 30 days, a 25y/o made profits of Rs. 2cr ($240,000+) without Chole Bhature indicator.

Here's how you can do it too: 👇

Retweet to share with your audience Image
a) Higher Time Frame Analysis:
✅ The trade was executed on a 1-month time frame.

👉The market had been in consolidation for about a year. At the start of each new week/month, pay attention to the weekly and monthly charts.

(Chart on monthly time frame) Image
b) Simple Analysis:
✅ No need for complicated analysis. TheMadrasTrader spotted a simple breakout on the monthly time frame.

You don’t need to find a black-box strategy that works in the market to be profitable

(Chart on weekly time frame) Image
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