CPR: narrow + descending cpr: trending.
FII: -8,047.86 sold
DII: 3,487.10 bought
Highest OI:
CALL OI: 24500
PUT OI: 23800
Resistance: - 24500
Support : - 24000
conclusion:.
My pov
1.market clearly in bullish, we can expect a trend day today.
2. Price clearly takes support at 23800 this shows strong support .
3. Now as in range the price takes support and 24500 at the first resistance .
4. Let watch what happens . Mind that anything can happen .
Psycology:
The biggest wall you have to climb is the one you build in your mind
note:
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:
Iam 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
FII: -8,047.86 sold
DII: 3,487.10 bought
Highest OI:
CALL OI: 24500
PUT OI: 23800
Resistance: - 24500
Support : - 24000
conclusion:.
My pov
1.market clearly in bullish, we can expect a trend day today.
2. Price clearly takes support at 23800 this shows strong support .
3. Now as in range the price takes support and 24500 at the first resistance .
4. Let watch what happens . Mind that anything can happen .
Psycology:
The biggest wall you have to climb is the one you build in your mind
note:
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:
Iam 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.