Just by drawing ZZ in chart it is possible to find out expected path of nifty. As you can see in my previous posts how accurate this simple drawing can be. So I believe just practice one correct thing that's it. Now if it's Break out then again simply continue drawing and check where it ends.
By using technical analysis we can forecast or predict expected path of nifty. In this drawing we have shown it. By using ZZ, and intensity drawing.
Again a post for educational purpose that how technical analysis can help you to predict direction and plan accordingly. This doesn't only help in index trading but also helpful for your investment positioning.
We can practice technical analysis and forecast accordingly. So this is completely educational purpose to propose importance of one single practice chart drawing. You can try it too. Nothing magic here it's learning and practice only.
THIS FORECASTING FOR EDUCATION PURPOSE ONLY. Here we have tried that how to forecast so that we can have a view and adjust position accordingly.
NIFTY Levels are estimated here. Watch your position according to MARKET Reactions.
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