NIFTY FIFTY

[orderflow13]

amit sir how about 2965 pp zone? i am looking at 5 min tf.. as no pvt in sight

 

[praveen taneja]

amit sir how about 2965 pp zone? i am looking at 5 min tf.. as no pvt in sight

PPZone means

 

[orderflow13]

pivot point zone .... its my understanding

 

[praveen taneja]

pivot point zone .... its my understanding

Then why is SAR at 2909 why not at 2958 ???????????????????

 

[AMITBE]

PPZone means

PeePee Zone! Aw shucks!!


These are NOT Pivot Points, but rather, Purple Zones as I have been writing last little while.

These are zones which attract price action to them.
Where price action is normally expected to falter before advancing/reversing.

Alex, again no pivots, these.

 

[orderflow13]

PeePee Zone! Aw shucks!!


These are NOT Pivot Points, but rather, Purple Zones as I have been writing last little while.

These are zones which attract price action to them.
Where price action is normally expected to falter before advancing/reversing.

Alex, again no pivots, these.

honestly i was silently expecting something like that, always my pain n paper ready to add words by u in my vocabulary

 

[AMITBE]

This is the new edition of ET 'TJET' n its always better.
Amit sir i Didnt get wt u mean by 'resolve data'.. talking about option chart ?

Alex, yes options chart, but it's great to see you collate and compare data from currency, gold, crude etc to form assumptions based on the relationships between all of their movements. Good stuff.

AMITBE I have been reading you levels, written in splendid and stylish English, from last few days. But I have not been able to work out how to trade these levels. Please elaborate.
Thanks in advance and regards.

citrus, these levels are not at all meant to trade with.

On this thread, rather than analysis, I would say I am 'prospecting'.

Prospecting is defined as: possibility, chance, expectation, outlook, anticipation, probability etc.

Not a whole lot different in some ways to analysis in word meaning, but quite different in approach.

Or, as karthikmarar would say, this is a bit of a Nifty Compass.
I like this definition too!

 

[AMITBE]

I'm posting the new PP zone created at this point.
Will update these as we go along.

At this time, as NF trade at 2985:

3045-3055

As we know, these will alter to lower levels should NF take a dip from here.

At this time, as NF trades at 2989:

Bringing down the Zone to 3015-3025

 

[AMITBE]

At this time, as NF trades at 2989:

Bringing down the Zone to 3015-3025

Now at 3005-3010.

By chance, this is also the start of the gap-fill area today.

 

[AMITBE]

Now at 3005-3010.

By chance, this is also the start of the gap-fill area today.

NF at 2990.

The zone sits just above at 3000-3005.

More within reach now.
But this is where the conflict gets resolved.