Hello, LTP Calculator users and community members. Dr. Vinay Prakash Tiwari has released the voice message. Here are all the considerations you should make before dealing in the market of today. As we were able to see the Nifty in the morning, the support in Nifty was visible on 20000, shifted from 19800. And now is visible only on 20000.
Resistance is visible at 20000 only. Resistance is strong in itself and support shifted from bottom to top. In such a situation the market will go from new EOS to EOR + 1. The market will go till EOR and from there the market will reverse. The market is at the top of its weekly range.
If there is resistance or support becomes weak towards top at a new place, then in such a case a bull run will occur, that is, the market will not come down again in the reverse direction. If in any case one of the two becomes weak towards bottom then the market will not go till EOR + 1, it will already reverse and fall down. The market will become weak towards bottom before the market will take one diversion.