Bank nifty next week, 18.02.2023

18 Şub 2023

Publishing herewith my idea about bank nifty next week, your requested to correlate it with bank nifty monthly idea "Feb'23"

18 Şub 2023

Not

max breakout time period ,end of next month, not the start of next month

21 Şub 2023

Not

If u r looking for direction, target or stoploss, sorry.
I am a pattern trader , a day trader, even hv my opinion about a particular direction but always tries to keep myself unbiased, take my cue from opening price ,follow my price lines , if price opened above the line, consider it as a support and above one as resistance and vice versa
Also gives importance to Inside candles, dozi, moving averages, Bollinger and RSI in higher time frames mostly 4 hr and above,
“---" lines shows inside candle range.
uses - 2 shades of green for day ranges.
2 shades of yellow for 4 hr ranges, in index 2, 4hr candles ok, but for 24X, it is not possible to give 4 hr range every time
2 shades for blue for weekly line
Light yellow shows my extreme range.
Other colours for higher time frame

In case price crosses these range go with it but cautiously, at the end of day price mostly honours the range, price mostly follows the range either green to green or yellow to yellow,

even today price honours weekly level , for weekly level, it is better , price should open below the weekly line the next day