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 this morning, support is at 21500 and resistance is at 21600. Resistance itself is weak towards top, once there was also weak towards bottom. The support itself is strong. In such a case, the extension of support in itself is a safe place in the market i.e. the bottom of the market.
As far as the resistance is weak towards top, till one diversion before that there is resistance and the top of the market. If the market stands at the bottom and in such a case a state of confusion is created in the resistance, then we have a favorable condition.
Even if by mistake the resistance becomes weak towards bottom, then in such a case a diversion from the support will take the market down.
If the resistance remains weak towards top, then the market has a possibility of going one diversion below the support as far as the weak towards top is concerned and if there is a shifting of resistance or weak towards bottom, then in such a case, there is a possibility of the market going till one diversion below the support.