NIFTY50 INTRADAY ANALYSIS:
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CPR: Wide + descending cpr :consolidation.
FII: -1,959.39 SOLD
DII: 7,990.32 bought
Highest OI: too soon to tell
CALL OI:
PUT OI:
Resistance: 23800
Support : 23300 and 23000
conclusion:
My pov:
1.today a flat opening market, we can expect market to consolidate
2.market can break 23300 and fall to 23000.
3. even if bullish price can be stopped at 23500 and 23800
4.lets wait for break either 23500 or 23300.
psychology fact:
“Only men with mature thoughts are capable of ruling themselves and not the hasty-tempered.”
― Mahatma Gandhi
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: Wide + descending cpr :consolidation.
FII: -1,959.39 SOLD
DII: 7,990.32 bought
Highest OI: too soon to tell
CALL OI:
PUT OI:
Resistance: 23800
Support : 23300 and 23000
conclusion:
My pov:
1.today a flat opening market, we can expect market to consolidate
2.market can break 23300 and fall to 23000.
3. even if bullish price can be stopped at 23500 and 23800
4.lets wait for break either 23500 or 23300.
psychology fact:
“Only men with mature thoughts are capable of ruling themselves and not the hasty-tempered.”
― Mahatma Gandhi
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.