Mangesh Magical Trading

*Index and Prana (प्राण शक्ती)* Let me give you an example we see in common life for better understanding of this concept. Two patients are suffering from the same disease and both are critically ill. Both are kept in ICU and under the same medication and ventilator . One of them survives while the other passes away. The question is why the second one succumbed to death ? The answer is " Life Force " known as the Prana in Indian languages. If Praana is strong then one will survive and if the Prana is not strong then the other will succumb. The same Prana Operates in the Stock Market especially in Index. And the same is day's 1st 5 minute candle High + 0.1306% . Only above this the Index shall go up and even CE Premium. On the down side unless price crosses below day's 1st 5 minute candle Low - 0.1306% the down side is also restricted. Today Nifty, Sensex as well as Bank Nifty are showing an excellent similarity with this Corollary. Nifty and Sensex precisely find resistance at +0.1306% and they can't break above the same. One can see the resistance near Horizontal lines on the charts. While Bank Nifty crossed + 0.1306% then 0.2611% and got resistance perfectly at +0.7389%