As we are able to see a huge gap in the market, due to which it settled down at 20,100 and support at 20000. Even though the support is visible towards the top, its percentage is continuously decreasing. So if we are thinking of taking a trade from the diversion of put side of 20,100, then that in itself will be a very risky trade. Because the percentage of support is getting stronger in itself, we should wait till an extension of support here, or we should wait till an extension of resistance. There is a difference of two strike prices between the extension of resistance and the extension of support, with 20,050 also in between. That means a total of 100 points. So overall, if we talk about the extension of resistance, it is around 20,140 and if we talk about extension of support, it is around 930. There is a huge difference between the two. So, there is a difference of about 200 points. So if you take a trade in the middle then that middle trade will always be highly risky in such a case.

Why would it be highly risky? Because, there is a big difference.

If there is a difference in strike price then the difference becomes very big. So we should wait a little more. If seen this way, when the support was getting stronger, the diversion of around 20,080 would have been a highly risky trade in itself. But now if we talk about 4 magical lines:

First of all extension of support matters.

If it is somewhere around 940 or 945, a line will form there, and we will also have to keep an eye on how continuously the value is adjusting. The second line will be on the extension of resistance. The extension of resistance itself is coming above 127 – 130, so a magical line can be drawn around 130 and because the market is already coming above 100. When the market was open, the highest open interest was somewhere around Rs 20,000. Because there was a huge gap, obviously the market would settle down, so accordingly the market is also settling down now. Then from here, we will have to wait because the support was the weak towards the top and has gradually become stronger, Then the possibility of extension of support increases in such a case, the weak has become stronger than the top. The pressure was being created, that pressure is being released slowly, if it is being released then the pressure will be created on the call side. We have to keep in mind only one thing if the resistance from here again turns weak towards bottom then there will be a case of selling from the top. And chances are that when we look at the volume of 20,000 on the call side, the volume is continuously increasing and a good increment. So if we look at that volume, we can see a good movement pressure being created there. If that pressure is created, the market will have the potential to fall below one diversion extra from support.

So we will take care of all these things. Those who are safe will have to wait for extensions, other than that they have no other option. The reason behind that is that if we do not wait for the extension then the market will put us under pressure because there will be two diversions for us to average. So, if we want to play safe then we need to wait for a while. If we want to take the risk, then the diversion of 20,050 on call side and the diversion of 20,050 on put side, both of these will be risky chances in themselves. Here we can also see the Chart of Accuracy 2.0 starting from 20,050. 20,050, 20,100 and 20,000. If we talk about 20,000 or 20,050, then it is completely bullish and consolidated at 20100, that is, from where it is standing, the market will go up by 50 points and will consolidate there. So, if we talk about 20,050 on put side, it is around 20,014, We will draw a magical line there also, where the market is currently standing. This is a risky call in itself. It is a Risky call because if it goes down to the extension from here then averaging will have to be done from there. Diversion on the put side of 20,050 towards 20,080 is a risk in itself. So in this way, four magical lines are being formed.

• The first line is on extension of resistance,
• The second line is on diversion of resistance,
• The third line is on diversion of support and
• The fourth line is on extension of support.

Ideal for magical lines are being found and in the ideal for medical lines, the middle two lines are risky and the top and bottom two lines are safe, if there is no new weak towards top or weak towards bottom anywhere else in the market. It happened. If we talk about the percentage of support, it has gradually become stronger. For resistance, we will have to keep an eye on 20,000 and if 20,000 pressure is created then it will create a selling environment from the top. And if it is not given then the market will consolidate somewhere between these two values and come around 100 and turn from there.