Yesterday's & day Before yesterday Nifty Daily candle had just 3 common points. They form Downward trending candles. Once yesterday's Low was broken it has to fall sharp and the same thing happened.
Фотография click to show
10th August 11:15 hrs , 12:15 hrs and 13:15 hrs Hourly Candles formed AAA pattern followed by Downward Break Down..
On 5 min chart of most of CEs and PEs chart the three candles formed at 10:25 am , 10:30 am & 10:35 am are AAA candles. After Break Out ( in PE ) and Break Down ( in CE ) one can study the further move.
Nifty August Future still above Nifty Spot' s Day's 1st 5 minute candle High i.e. 24365
And Nifty Spot unable to Cross above Nifty August Future's Day's 1st 5 minute candle Low of 24390.
Hence Nifty is range bound.
Thus Spot & Future parity helps us decide whether it shall be a trending day today or otherwise.
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Фотография click to show
Nifty 5 min Spot . Study the 4 candles formed from 13:20 hrs to 13:35 hrs. First 3 candles formed 3 Lower Low and the 4th Candle ( 13:35 hrs) Closed above the Highest High of last 3 candles . The Fourth candle must be Green. First 3 candles must form Lower Low. Their colour is immaterial. The pattern works on all the time frames. It's name is *" 3 Lower Low and Bullish Break Out".*
24350 CE and 24200 PE
Time Frame : 5 minute
Candle Time : 11:35
Reason: Less than 3 common points
I have already done a You Tube Video on this, the last and latest video published 68 days back. Study the above charts in line with the contents in the same video.
After a Gap Down Open ( means today's Open is below Previous day's Low ) if Price crosses above Previous day's Close then the negative or Bearish effect in Negated .
We have seen this on many occasions before .
Remember it.
*Sandwich Pattern*
We have earlier studied the AAA candle.
Now let's go a step ahead and learn a candlestick Pattern exactly opposite to AAA.
In AAA the middle Candle High is Highest than one to it's left and another one to it's right. Also the middle candle Low is Lower than the Lows of candle to it's left and right.
Now let's study a pattern called Sandwich Pattern. It's a 3 candle Pattern.
The name is given by me so that the understanding becomes easy. A sandwich consists of two bread slices on either sides and a filling of vegetables or chicken in between . The filling is always lesser than the size of bread slice.
Exactly in the same manner the Left and Right candles are big in this pattern and the centre candle is having Lower High and Higher Low than the other 2 candles.
I am posting a screen shot of the Sandwich pattern seen in daily chart of Adani Port on 21st, 22nd and 23rd April 2026. Observe the break out direction followed by the rally in the same direction.
Фотография click to show
21/22/23 April formed Sandwich Pattern followed by upward break out and rally
Now you need to watch ......
1)whether this pattern was formed today in Nifty on the 5 min chart ?
2) If yes , then at what time ?
3) What was the end result of the same.
I think now you would have understood this sentence correctly.
Today's Open was a Gap Down Open.
Price never crossed above Previous day's Close . So the Trend was never ever Bullish.
Only above Yesterday's Close it would have been Bullish.
हिंदी भाषा में जो सिखना चाहते थे वो अभी सिख सकते है !
लेकीन गणित मे रुची होना जरुरी है !
मेहनत करना आवश्यक है!