FRIDAY MARKET ALERT BY DR. VINAY PRAKASH TIWARI

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  • FRIDAY 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 . As we were able to see the market in the morning, we could see resistance in Nifty at 19800 and support at 19700. Support started from 19700 and resistance started from 19700. Resistance itself became weak towards top, after which it shifted to top. The support itself looks strong. In such a case, we get a trade from the end of diversion in the market, and the market runs till Resistance + 1 diversion extra, Because the shifting of resistance has happened once.

4 Magical Lines:-

1- Diversion of 750 will be the bottom line.

2- The diversion of 800 will be the line above that,

3- The diversion on the call side of 800 will be the line above that,

4- And the diversion on call side of 850 will be the line above that.

These will be 4 magical lines around which the market will revolve. Already, the market is coming from the bottom through the extension of support. Currently trying to reach call side diversion of 750.

The market momentum appears to be at New EOR +1 Because resistance is shifting from bottom to top. It is a normal scenario. In such a case, if the support is weak towards top then it will be a bull run. Put trade will not be made. This means that no bearish trade will be made.

And, if the support doesn’t become weak towards top, then there will be possibilities of bearish trade. Keep in mind that the resistance should not be weak towards bottom and the support should also not be weak towards bottom. Wait for one end for your trade.

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