Hello,
Ive started using PnF technique recently & have found it as an excellent tool in identifying probable stopping/turning points and mainly in forecasting probable price targets.
Iam using 50X3 and 25X3 for Nifty.
I would like to know from the seniors using this technique, weather using 25X3 Box size is appropriate for Nifty?
Attached is a 25X3 chart of Nifty Spot.
Regards
Santosh.