NIFTY50 INTRADAY ANALYSIS:
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CPR: NARROW+ASCENDING CPR: BULLISH TREND.
FII: -2,468.42 sold.
DII: 2,262.17 bought
Highest OI:
CALL OI:24300
PUT OI:24000
Resistance: 24200
Support : 23800
conclusion:
My pov:
1.tomorrow is holiday plan accordingly, market is bullish but cant confirm it
2 . price clearly takes support at 28th April high , it shows small retest , if today breaks 24250 and closed above we except bullish trending moves
3.also in day candle price keep falling due to selling pressure , this shows 23800/23300 can be right place if supported for entry long.
4.to be clear, market is in range , not bullish/bearish .
psychology fact:
If a person holds no ambitions in this world, he suffers unknowingly. If a person holds ambitions, he suffers knowingly, but very slowly.”
― Alan Lightman
Notes:
8moving average ling is blue colour.
20moving average line is green colour
50moving average line is red colour.
200moving average line is black colour.
cpr is for trend analysis.
MA line is for support and resistance.
**********************************************************************************************************************
Disclaimer:
I'm not Sebi registered so i started this as a hobby, please do your own analysis, any profit/loss you gained is not my concern. I can be wrong please do not take it seriously thank you.
**********************************************************************************************************************
----------------------------------------------------------------------------------------------------------------------
CPR: NARROW+ASCENDING CPR: BULLISH TREND.
FII: -2,468.42 sold.
DII: 2,262.17 bought
Highest OI:
CALL OI:24300
PUT OI:24000
Resistance: 24200
Support : 23800
conclusion:
My pov:
1.tomorrow is holiday plan accordingly, market is bullish but cant confirm it
2 . price clearly takes support at 28th April high , it shows small retest , if today breaks 24250 and closed above we except bullish trending moves
3.also in day candle price keep falling due to selling pressure , this shows 23800/23300 can be right place if supported for entry long.
4.to be clear, market is in range , not bullish/bearish .
psychology fact:
If a person holds no ambitions in this world, he suffers unknowingly. If a person holds ambitions, he suffers knowingly, but very slowly.”
― Alan Lightman
Notes:
8moving average ling is blue colour.
20moving average line is green colour
50moving average line is red colour.
200moving average line is black colour.
cpr is for trend analysis.
MA line is for support and resistance.
**********************************************************************************************************************
Disclaimer:
I'm not Sebi registered so i started this as a hobby, please do your own analysis, any profit/loss you gained is not my concern. I can be wrong please do not take it seriously thank you.
**********************************************************************************************************************
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.