As 2 days goes by but primium does't risk as market trapped many sellers as to gave a brackout 2 days earlyer from past 2 days consolidation we can see people are looseing nmoney consistenly But as they will close there trade if market opens high tommorow so as only buyer wiil stay or buy at that zone Market will come down to hunt there sl but in another...
Monday's market is unpredictible. cauz, market did take up selller lequidity & buy got stoped out ( profit bookig and traling SL) there are only sellers left in the market but not freash selling position so, market does't have any money to go ethir way so, market will trap every retailer both who will look for selling and buying best possible situation now is...
As market did't showed any bearish pressure and a slow down movement & market did't trapped any buyers today after opening So, as there are less sellers the market will grab sellers lquidity to go up So, theres no lquidity for the market to go down So 44000 area will act as a major support for buyers and also a trap zone for the buyers wait for price to close...
As today market trapped sellers & and ended at previous day close So, there's no lquidity as sellers got out before market can take there money As market ends in a consolidation means there's not enogh money to go up or down Best probabily is market will open high tomorrow to trap buyers and gain their lequidity to come down and then take major seller money to...
as conslidation areas are uncertain 60% nutral 40% upside todays market nutral as expected to gain theta of buyers there are a few sellers in the market at the flip zone if market starts up avoid it as it will creat lequidity for sellers to enter and trap them in the process.in a range bound market if starts below then a sweep of major buyer zone will create...
If market starts below then look for buy at flip zone (best entry) or profit booking zone as sellers have booked there profit on some of the previouis day levelas and many seller got trapped and there sl hit as market will come down tommorow to take buyers out and continue the up trand market dont have enogh time to do a trap and give move So a NUTRAL...
There are multipul seller zoner and seller sl area above there are none buyers sl area below. so,buying probebility becomes high and also 50 billion from J.P. Moegen. There are multiple short cover moves upside so be cautious of selling because there are no sellers right now. and market will trap sellers so it can gain lequidity to go up ad hit SHOORT COVER area
As for my view Tomorrow is bugget day so 70% chance of nutral opening Tax increae on cigretes so could trade ITC......Short i am 70 % short 30% long if the Sl area broke do your analysis on your own For educational perpose regards, Moose
CE target if cross the zone 43438 and 43598 Major r or pe seller st area 43600 PE target if cross yelow line 42970 and 42837 and 42505 major r at 42489
BULL if cross 18168 , R- 18235 BEAR if cross 18095 , R- SL- 18050 , MARKET Fall if cross 18036 Cross- 18269 THEN short cover move - 18378 FOR EDUCATIONAL PERPOSE,DO YOUR ANALYSIS ON YOUR OWN WATCH LIVE MARKET PRICE ACTION THEN LEAP
m- major sm - sub-major lavel m or sm -sl - stoploss area pattern on bull side view if market cross 42921 level then 42694 & 42492 if cross yellow line then 43453 & 43600 for educational perpose do ur analysis on your own