The gaps which are represented in different colours are the gap zones.
i) 11910.15 – 11934
ii) 11971.80 – 12023.60
iii) 12053.95 – 12070.35
iv) 12126.55 – 12157.90
We shouldn’t be expecting the market to rally high with the gaps currently present in the charts. And eventually it will get filled up. And 11900 Level is not all surprising for me.
And In the NIFTY MULTIDIMENSIONAL VIEW (4TH POST, 13/09/2019).- Link has been posted below. We can see there is a time zone laying yesterday and we could expect Nifty rallying towards the marks by today or 2nd Jan.
As sometimes logic fails in the bullish market.So please be cautious while trading futures and options.
I would be later updating all the explanations in the comment section for now the chart is just to bring the facts to our notice.
Note the chart should be adjusted to get the following view
i) 11910.15 – 11934
ii) 11971.80 – 12023.60
iii) 12053.95 – 12070.35
iv) 12126.55 – 12157.90
We shouldn’t be expecting the market to rally high with the gaps currently present in the charts. And eventually it will get filled up. And 11900 Level is not all surprising for me.
And In the NIFTY MULTIDIMENSIONAL VIEW (4TH POST, 13/09/2019).- Link has been posted below. We can see there is a time zone laying yesterday and we could expect Nifty rallying towards the marks by today or 2nd Jan.
As sometimes logic fails in the bullish market.So please be cautious while trading futures and options.
I would be later updating all the explanations in the comment section for now the chart is just to bring the facts to our notice.
Note the chart should be adjusted to get the following view
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