FRIDAY MARKET ALERT BY DR. VINAY PRAKASH TIWARI

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Note: Many selling environments are being created from the top

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. Ā Talking about Nifty in the morning, Nifty had support at 19600 and weak towards bottom at 500, once there was a slight shift, but now again it is at 600 which is weak towards bottom and the percentage of its bottom is continuously decreasing. The resistance itself is weak towards top, and its percentage is strong. If resistance is strong and support is weak towards bottom then the market will rise from above and fall down. The resistance of 19600 is 19600 only. The market was looking bearish from the first tick of the morning. Support is weak towards bottom and now the percentage of weakness is gradually decreasing. That means there is no intention to impose a diversion of 550. The market will put an extension of 600, there is an extension of around 550.

Many times it has been seen in such cases that even if the support becomes strong, then call option is bought, but it is remembered that many times such call option was bought in which the support was earlier weak towards bottom, which brings down the market to one extra diversion. So we have to be careful with such call options also.

Another thing we should keep in mind is that we should keep clicking on the extension of 600. The extension of 600 is 550. For one number, you have to click on the extension of 650 also because sometimes it happens that some value will come on the extension of 650 also. And that value will start constraining the market. It will completely consolidate the market.

You have to wait for one end.

Points to be noted to sell in the market from the top: –

  • Resistance is strong and support is weak towards bottom, a selling environment is being created from the top.
  • Even if a state of confusion is created on the support side, an atmosphere of selling is created from the top.
  • And even if the support becomes strong, again an atmosphere of selling from the top is created.
  • Even if the support shifts to 500, again an atmosphere of selling from the top is created.
  • And even if there is a diversion at support 550, again a selling environment is created from the top.

Points to be noted to buy in the market: –

1- Support should become completely strong in itself and resistance should become weak towards top.

2- Either the market reaches its destination or a new scenario is created. That is, if the support is strong then in that case extension of support is the point, if support is weak towards bottom then in such case divergence of 550 is the point. In such a case the market will be bullish.

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