THURSDAY MARKET ALERT BY DR. VINAY PRAKASH TIWARI

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  • THURSDAY MARKET ALERT BY DR. VINAY PRAKASH TIWARI

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. Support in Nifty opened at 19400, weak towards top and shifted to 500. Resistance opened at 500, from there it shifted to 550, and from there it shifted to 650.There was a double shifting in the resistance, a single shifting in the support, indicating a bullish scenario in the market. The market is moving up by diversion at the new EOS + 1, i.e. 550.

You have to draw 4 magical lines

  1. The first magical line at New extension of support i.e. 19500.
  2. For second magical line Click on the put side at 19550. you have to draw the line on the new EOS + 1.
  3. You have to draw the third magic line by clicking on the call side of 19550. That will be diversion.
  4. On the call side extension, there will be the fourth magical line at 19600

If the market is seen going up at the end of the day then it will be a bull run, till 650-700 diversion.

The market will move slowly. This means the market will run in a consolidated manner. There are reasons behind this. In this week of the market, the top of the weekly range has also been established and the bottom of the weekly range has also been established. It has been applied exactly. So how come there is good writing from both sides for the writers. Writing has been done from the call side as well as from the put side. Both values have been touched. If the writing is good then the writers would never want the market to move in one direction and harm the writers on the other. It would be better to cooperate with writers from both sides. The market will move slowly so that writers on both sides benefit. If it moves slowly, your time value will gradually increase. So accordingly, if safe traders prefer diversion to diversion,  then it is better. You look at the market accordingly and understand the market accordingly.

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