Hello friends, welcome to all of you. We have discussed many things about WD Gyan's theory and square before. Today also we will reveal a little about it.
We told you that the market could reverse from Ashtami Tithi, and it did.
Look at Nifty to see where the market turned this time.(Nifty Low 24,587.70) = SQRT 156.80
whose square root was 156.80.Now add one with 156.80+ 1= 157.80 and find its square is 24,901.60 that's it.
We also learned that due to momentum, the price would cross or touch our square price in the next 3- 4 days. we reach within 2 days.( Nifty spot last day high 24,904.80 & closing price 24,894.25)So Nifty still has 2 extra days in hand.
So you can see the market is standing near our square price.This is how we learned to capture market momentum. So Nifty still has 2 extra days in hand.
If the market moves above the price of this square root, let's find out what the next square root is. 157.80+1= 158.80 & square value is 25217.44
What could be the trading strategy? If the price is above 24901 then it will move to the next square root.
I hope you all liked it very much and you can write for any square root related information, we will try to tell you, thank you all.
We told you that the market could reverse from Ashtami Tithi, and it did.
Look at Nifty to see where the market turned this time.(Nifty Low 24,587.70) = SQRT 156.80
whose square root was 156.80.Now add one with 156.80+ 1= 157.80 and find its square is 24,901.60 that's it.
We also learned that due to momentum, the price would cross or touch our square price in the next 3- 4 days. we reach within 2 days.( Nifty spot last day high 24,904.80 & closing price 24,894.25)So Nifty still has 2 extra days in hand.
So you can see the market is standing near our square price.This is how we learned to capture market momentum. So Nifty still has 2 extra days in hand.
If the market moves above the price of this square root, let's find out what the next square root is. 157.80+1= 158.80 & square value is 25217.44
What could be the trading strategy? If the price is above 24901 then it will move to the next square root.
I hope you all liked it very much and you can write for any square root related information, we will try to tell you, thank you all.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.