FRIDAY MARKET ALERT BY DR. VINAY PRAKASH TIWARI

  • Home
  • FRIDAY MARKET ALERT BY DR. VINAY PRAKASH TIWARI

Note: There will be moderate trade and moderate risk

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 Nifty in the morning, we can see support in Nifty at 19700, there was a huge gap down opening. Initially, some of the highest open interest volumes were in the money. And we were also seeing resistance at 19700 which was 19800, from there the weak towards bottom shifted to 19700. After the shift, it is still at 19700, which appears to be weak towards top but actually, it has shifted from top to bottom.

What are the possibilities from here?

Resistance was continuously visible at 85% weak towards top in the morning. In such cases, most of the possibilities are such that a state of confusion is created in the market where the percentage gets stuck at one place.

In the morning market, the resistance has shifted from top to bottom and in such a case, from the place where the resistance has shifted, as per our rules, there is a possibility of selling from the extension of support, one diversion extra from the extension of support from below.

We have to look at the market accordingly.

There will be moderate trade and moderate risk. Sometimes the market can move to one diversion, but such possibilities are not likely. It is possible that the stuck percentage will start moving, in such case the market will fall.

If the market percentage remains stuck like this and does not move, then a state of confusion will be created. We have to take trades according to the market movement. We have to wait for an extension of support.

Leave a Reply

Your email address will not be published. Required fields are marked *

X