Nifty 12M Levels for the year 2025
Hi, Happy new Year,
trying to give 12M levels for the nifty 50, still in early stage of use just 2 years of validation, but worked effectively with almost all the asset class till now , giving below my nifty future idea for the year 2024 and nifty for 2023, also giving 12M levels of bank nifty posted at the start of the year
here i'm also using 12M inside bar leves, previous 12M candle's mid and quarter
giving below in the comment section the day levels patterns also, which many referred as "chart art" and make fun of it
what is visible is a monthly tl above the price , so, a possible resistance unless broken, also giving monthly channel
in technical words, patterns are consolidation of price in horizontal, angular and curved zones, getting levels of horizontal consolidation is easy, but though for the curved and angular consolidation due to dynamic nature, patterns also use ratios like any other indicators but also angles , a circle =360', so these patterns also give the idea of trend HH/LL, price creates volumes or an event when 2 pattern intersects with each other or with a timeline in any time frame, if u know how to trade patterns volume analysis becomes secondary
I will publish the 2024 progress of my "chartarts" posted in the year 2023 in separate educational idea, u can print those chart art and use it as a painting
thanks
trying to give 12M levels for the nifty 50, still in early stage of use just 2 years of validation, but worked effectively with almost all the asset class till now , giving below my nifty future idea for the year 2024 and nifty for 2023, also giving 12M levels of bank nifty posted at the start of the year
here i'm also using 12M inside bar leves, previous 12M candle's mid and quarter
giving below in the comment section the day levels patterns also, which many referred as "chart art" and make fun of it
what is visible is a monthly tl above the price , so, a possible resistance unless broken, also giving monthly channel
in technical words, patterns are consolidation of price in horizontal, angular and curved zones, getting levels of horizontal consolidation is easy, but though for the curved and angular consolidation due to dynamic nature, patterns also use ratios like any other indicators but also angles , a circle =360', so these patterns also give the idea of trend HH/LL, price creates volumes or an event when 2 pattern intersects with each other or with a timeline in any time frame, if u know how to trade patterns volume analysis becomes secondary
I will publish the 2024 progress of my "chartarts" posted in the year 2023 in separate educational idea, u can print those chart art and use it as a painting
thanks
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nifty future 12M levels posted at start of the year 
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and the progress index respected the level and closed below it also during the movement each level tried to guide the index Note
added 4 more lines to show the overall trend but index is below the recent monthly tl so possibilities are there as price got the resistance from the top of the trend zone Note
light red line here is a 12M level where nifty closed in 2023? 
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progress of the idea and the closing of 2023 Note
price took support at mid of the 12M candle at the start of the year and now taking resistance at the quarter/2 of 12M candle , mid level of 2024 candle is important Note
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nifty is testing the 2025 opening level Note
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