Does symmetry work in markets?.This chart has some points to prove it.Watch how the supports become resistances and resistances becoming supports.Every move on the Nifty looks as if as per symmetry.Now lets come to the current move.As per symmetry we may have targets of 5155-5293-5413-5576 as the move unfolds.We have supports at 4993-4933.Below 4933 the picture looks dim for the up move.If Nifty breaks below 4933 then it has to come up again quickly to keep the momentum alive.Also as per symmetry we look to have one or two down targets pending.in this pattern.Is it not price squared with time?Your comments please!
Happy Trading !
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