Note: The market can go up maximum to EOR. Right now the market seems to be standing exactly in the middle.
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 resistance in Nifty at 21500, which is visible as a slight weak towards bottom. Support is visible at 21400. In the morning there was resistance weak towards bottom due to which we easily got a trade from EOR – 1 to one diversion.
Now if we try to see the market from here: –
1- Resistance is weak towards bottom, it means that EOR – 1 is the top of the market.
2- Resistance weak towards bottom means that the market can fall maximum till EOS – 1.
Now the range of total market ranges from call side diversion of 21450 to put side diversion of 21350. The call side diversion of 21450 is around 21460, which has already been established at High of the market. The diversion of put side of 21350 is around 380 and the extension of put side of 400 is around 360. The point of 360 has already been launched.
That means out of the 4 lines, the market has already touched 3 lines. 4th line EOS +1 is only left. But in this case, resistance should be weak towards bottom. This resistance can convert into a state of confusion. The market can go up maximum to EOR. Right now the market seems to be standing exactly in the middle.