NIFTY50 INTRADAY ANALYSIS:
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CPR: wide + ascending cpr :consolidation.
FII: -5,834.90 SOLD
DII: 6,836.87 bought
Highest OI:
CALL OI:24500
PUT OI:24200
Resistance: 24500
Support : 24000
conclusion:
My pov:
1.so market breaks the 24300 (50% of bearish trend) with huge volume, this shows today we can see momentum.
2. so id gap sustains and trend continues or takes it can take support at cpr and trend continues.
3.possibily market can consolidate
psychology fact:
“Freedom is not worth having if it does not include the freedom to make mistakes.”
― 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 + ascending cpr :consolidation.
FII: -5,834.90 SOLD
DII: 6,836.87 bought
Highest OI:
CALL OI:24500
PUT OI:24200
Resistance: 24500
Support : 24000
conclusion:
My pov:
1.so market breaks the 24300 (50% of bearish trend) with huge volume, this shows today we can see momentum.
2. so id gap sustains and trend continues or takes it can take support at cpr and trend continues.
3.possibily market can consolidate
psychology fact:
“Freedom is not worth having if it does not include the freedom to make mistakes.”
― 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.