Tuesday, December 29, 2020

Nifty View for next two days


Nifty Educated prediction 

Date : 29/12/2020

Spot CMP : 13,932.60

Nifty is making Move in unknown Territory.

As per Fibbo Nifty lofted over the important zone of 1.272%.
Test and Retest already made. Is price action is targeting at 
neutral 
Fibbo zone of 1.618, may me yes, as the higher time frame 
set up
is not bearish. Sellers are not getting favourable levels.

One of Trend indicating indicator in Monthly  & Weekly 
chart is pushing the price in  Bulls zone further.

However Option Chain control the overall action in derivatives
 segment.

Yesterday ( 28/12/2020) there was 958 times excess put 
writers in the system.

Today there has been repetition of Put writers.

Call writers are seems to be out of system and they are 
not finding any ground to stand and today there is 942 times 
excess put writing over call writing  and as per my 
Equilibrium theory there is absolute abnormality in the OC 
Since Last two years I have not seem this type of excess Put 
writing in any OC 

I am rather unhappy with the rise of the price, but hidden 
is 0.04 which is also abnormal.

I am anticipating a  Toofan in this expiry.
I am not confident in taking long position in nifty now as 
I am waiting for adjustment of Price action through Premium 
Kaal sayad Expiry game ho jaye in advance.

Put writers small move will show a cascade of price action.

Only IV is not favouring bears.

A move of 418 point is on card in next two day.

NIFTY CALCULATOR
Up SideDown Side
13,974.6213,890.58
14,032.9113,832.29
14,108.5413,756.66
14,164.7413,699.93
14,237.2213,627.98
CMP SPOT13,932.60

I am getting this levels as per VIX and IV inputs for support 
and resistance for tomorrow.

As per my understanding FII are bullish than Clients.
This Participants data also suggest further upside move 
of nifty is pending with some zig zag move ( premium eating).


As per Magic Level Sheet ( Math-0-Magic) important resistance 
are this two price level and today 13962 acted good
resistance.



 
 

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 Tomorrow werkly expiry of nifty So better flow of market information be heard without any noise and data development be look into