BANK NIFTY - as I see it

[pratapvb]

BNF as of close monday

maxpain @12900
likely expiry @12850

 

[pratapvb]

VAL - VAH 12890 - 12949

+1SD2day 12908

60-13 range 12828 to 12900

so +ve above 12950

 

[pratapvb]

VAL - VAH 12890 - 12949

+1SD2day 12908

60-13 range 12828 to 12900

so +ve above 12950

corrected values (some wrong data was there post 2.30 in the backfilling

VAL-VAH 12896 - 12988

+1SD2day 12961

60-13 range 12856 - 12928

 

[pratapvb]

15min opening range and 15-13 band

 

[RAAMAKANT]

15min opening range and 15-13 band

Pratapji, please excuse me, but what are those small squares on chart ?
Are those pivots ?

 

[pratapvb]

Pratapji, please excuse me, but what are those small squares on chart ?
Are those pivots ?

yes...green-brown are 3min pvts and bluegrey-orange are 6min pvts

This pvt defintion is my own proprietary definition / algorithm with no zig-zag function and look into future etc

 

[pratapvb]

nf today till now

 

[pratapvb]

was tracking this

now target met and bounced from target

 

[pratapvb]

expiry day

NF maxpain back down to 6700 and likely at 6725

need to monitor this during the day.....the key is where this stands before 3pm

 

[pratapvb]

expiry day

bnf maxpain at 12900 and likely at 12848