NIFTY 50 INDEX MAGICAL LEVELS FOR 26-09-23

The plotted levels on the chart should be considered only when NIFTY opens flat on 26-09-2023.

If NIFTY opens GAP-UP (Open > Previous High) or GAP-DOWN (Open > Previous Low) on 26-09-2023 then the following calculations must be considered:

Level 1 = OPEN PRICE (25-SEP) - 36.45
Level 2 = OPEN PRICE (25-SEP) - 81.15
Level 3 = OPEN PRICE (25-SEP) - 27
Level 4 = OPEN PRICE (25-SEP) + 36.45
Level 5 = OPEN PRICE (25-SEP) + 81.15
Level 6 = OPEN PRICE (25-SEP) + 27

NOTE: High probability of reversal may be expected around the levels plotted with yellow lines.

DISCLAIMER: This idea is only provided for educational purpose.