Oh My Nifty Darling on 30 Sep 24!

27 Eyl

Barring a major tumble down due to Mid-East during localized warring, the Nifty will behave as shown on the chat within 15 min time frame and Fib based Extension. The Black lines represent intraday TL. The horizontal black lines intraday Support( also shown as S1,S2 & S3) & Resitance (also shown in as R1,R2,R3). Welcoming early Diwali ans Celebrating Navratri are Bonus1, Bonus &Bonus3).

29 Eyl

Not

In the three scenarios which are common viz, Gap Up, Gap Down and Flattish/Neutral, one has to make a deciosn for Trading as these Intraday R1 and S1 and so on are breached; then the you have to wait for the next level. This is purely technical analysis; please don't be influenced by other factors like emotions, whispers and rumours.Be an optimist. Let me paint you a picture where due to Gap down, even S3 is also breached. So what , you have an opportunity there too. Short it with with SL being S2. Since S4 is out of frame, you can open the chart at hourly time frame and you will find the levels. Jai Hind Vande Matram