Now I frankly Do Not Know how many of you Read my posts diligently, study them well, remember it during the market hours and try to analyse the trend. However I would still post my earlier Educational Post even at the cost of Repetition.
When today's Open is Gap Down ( Below Previous day's Low ) and comes up then Previous day's Close is very Crucial. If Price crosses above it then it becomes further Bullish for the day.
If today's Close is above previous day's Close then it MAY become super Bullish the next day ( tomorrow ) if today's High is Broken Above.
Today Nifty Opened Gap Down.
Precisely reached Yesterday's Close ( as per 5 min last candle yesterday ) 23990.80 and Fell down Sharply from there.
This level is precisely seen in Support Resistance levels for today @ 23989.55
Also day's 1st 5 minute candle High + 0.2611% indicate the same level.
This is How Mathematical Analysis works .