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. The support in the market is strong since morning and the resistance itself is weak towards top. Calling the support strong means that if we look at the put side of 19700, the highest volume is at 561000 and the highest open interest is at 195000 and both are on the strike prices of 19700. The highest OI change we can see is 51485, which simply means that most of the writers are on the put side of 19700 today.
Similarly, if we try to see on the call side, the highest volume is in the call side of 403000 to 19700. And the highest OI change is at 58000, which means maximum writing has happened here.
Resistance was weak towards top in the morning, now gradually its percentage of weakness is decreasing. It simply means that there was a slight bullish pressure in the morning, but now the bullish pressure is decreasing. Our extension of support is around 19676. The bottom line that we will draw today will be at 19676 which is our extension of support. If the market rises from the extension of support, then the market will rise directly to the extension of resistance which is 19726. That means, market will move from extension of support to extension of resistance. These two values are themselves visible in the market. Which is creating support and resistance in the market. Even though the resistance is weak towards top, but the speed at which its percentage is decreasing, it will become a little stronger.
There was resistance weak towards top, so there is a possibility that it may take an extra diversion. So we can buy put, but there will be risk in it.
There will still be a slight risk involved in buying calls when the market reaches the extension of support, as in such a case there is a possibility that the market may fall one diversion extra below.
4 magical lines:
1- Extension of Support
2- Extension of resistance
3- One diversion below the support and
4- One diversion above resistance
Out Of these, Extension of Support and Extension of Resistance are the most probable.
Thanks
Awesome sir according ltp draw 4 line in morning market sincerely following that lines
Happy and feel proud to be a part of this community
Thanks vinay sir
Love u vinay sir and ltp calculator
Thank you so much Sir, It’s very useful for us,we are very grateful to you for helping us. Thank you again.
Thank u so much sir
Ok sir
This is most probable senetio
Mene to recharge nahi Kiya kaise Aiya …sir
Very nice analysis
Ok sir
Amazing sir…🙏
Thankyou sir…good to keep traders alert
As per Vinay sirs prediction one diversion above EOR ✌👍🙏🙏