@techiGajender Gajendraa bhai, zindagi choti hi sahi, par tagdi honi chahiye. Kuch aisa karke jana, ki jab jao to hazaaron ki aakhen nam ho jaye, mahal zameen to aurangzeb bhi bana ke gaya tha.
Although very few will understand this, still sharing my thought process.
Why was I focused on 23900?
โ Open the daily chart.
โ Draw a horizontal line at 23900. โ Count how many times price respected it as support/resistance. โ Add Ichimoku and check where the flat cloud line is sitting.
Now, why was I expecting a close around 23980โ24020?
โ Open the weekly chart.
The market is currently playing a beautiful game:
โข Daily candle above the cloud = Bulls stay hopeful. โข Weekly candle below the cloud = Bears stay hopeful.
Both camps remain uncomfortable.
And what is the perfect cherry on top after a strong bullish weekly candle?
A weekly Doji.
What level would create that Doji?
Around 23980โ24020.
Yesterday, price was sitting exactly at trendline resistance.
Everything was fitting together: โ Horizontal S/R โ Ichimoku levels โ Trendline resistance โ Weekly candle structure
Result?
Support came at 23901. Close came at 24013.
Sometimes charts don't predict the future.
They simply reveal where the market wants maximum confusion.
#nifty
Prediction explanation
#ichimoku