EPISODE # 2

 EPISODE # 2

Based on VIX  levels, found this Support and resistance

NIFTY CALCULATOR
Up Side	Down Side
14,432.25	14,311.55
14,515.98	14,227.82
14,624.60	14,119.20
14,705.32	14,037.73
14,809.42	13,934.38
CMP SPOT	14,371.90

Monday and onward nifty seems to move in between :

14,648.50	14,095.30
weekly	range

Just for info POC level 14440 is still valid till the expiry of this month.

EPISODE 1 : Participants data reading

EPISODE No. 1

So far My understanding is concerned or what I could understand I am sharing here.

Do not be influenced with my study notes 

Participant Data is speaking otherwise in terms of the last two days Price Correction from Nifty ATH Area.

I am speaking about divergence in data and price action.

Aisa nei hona tha /Aisa nei hona tha / fir aisa kaise hua ( Bulls are asking ) 

In comparison to previous data  FII are keeping light their position but they are not short or bearish  in that sense where as Clients were short in INDEX FUT but they are also keeping light position but they are still bearish.

Now question whether Nifty Terrorist Party will allow the Clients to win  the Battle of Jan, 2021 series. 

Nifty # Educated Prediction # 15/01/2021

 Nifty 

CMP Spot: 14,595.60

As per present set up in OC I found following levels for Weekly and Monthly range 

14,868.60	14,322.60	15,010.60	14,180.60
weekly	range	monthly	range

The Resistance in Weekly level is coming at 14868 and support at 14322 and breaking this two levels only only break out levels would be target area, As per previous week read 14660 was resistance in Monthly range, which has been almost touched. 

SO far vix levels suggesting me following  support and resistance levels for tomorrow.

NIFTY CALCULATOR
Up Side	Down Side
14,704.62	14,486.58
14,855.87	14,335.33
15,052.10	14,139.10
15,197.91	13,991.93
15,385.96	13,805.24
CMP SPOT	14,595.60

Chart on 30 Mins time frame there is interesting levels:

I am skipping Data inputs today as the data may come in better shape tomorrow.

Keep well 

 Math-0-Magic 

Syed Mansur Ali 

14-01-2021

Nifty # Educated Prediction # for 14-01-2021

 Nifty CMP : 14,564.85

New Year is just giving Nifty Short holders a shock one after another.

Hope my fellow brothers in Math-0-Magic channel will agree, we do not have any short-short type of set up on positional basis.

At least now a days, looking at RSI and Divergence study, many would agree the concept of overbought and oversold sometimes get diluted.

When nifty was trading far down from today's high level, our Math-0-Magic was suggesting levels and  the CJ strategy based on Desi Market Profile restrained us from taking short side trade.

Be that as it may , coming to nifty present position, yes we have successfully crossed another base level price gate as well as upside reversal gate as expected on consolidation in between certain levels as per Magic Sheet Levels.

Today, next base level price gate was touched  and reversed as Weekly Break out level and almost attained the Monthly expected level of 14660.

Tomorrow is weekly expiry. Last Expiry was negative. Let's see how data behaves and where we move ahead.

Let me show you all, why I am not getting weakness in Technical Charts of Nifty as of now on different Time Frame.

These Charts will be validated on the act and action of the makers in coming days.

I may be wrong in reading data ( I am not professional data analyst) but what I could read FII are not at all Bearish as per todays data, they more long position than the Short position of the Clients. The number of PUT sold by the Clients as per me has been already eaten up by the FII. So I am expecting, the FII would keep the Clients in loop so long they are net shorter in INDEX. 

As per my VIX levels reading, I find some level of support and resistance for tomorrow :

NIFTY CALCULATOR
Up Side	Down Side
14,678.50	14,451.20
14,836.18	14,293.52
15,040.74	14,088.96
15,192.75	13,935.53
15,388.79	13,740.91
CMP SPOT	14,564.85

So far weekly range as previously shared it is oblivious  range is shifting to other levels and even then also 14660 would be stiff level to cross.

14,659.30	14,470.40	15,015.85	14,113.85
weekly	range	monthly	range

Nifty only sustaining above 14641 will fire up again else it need to go side way to get more fuel for future run.

Now coming to OC in weekly and Monthly Both Hidden PCR and IV is not supporting Bears as of now.

Tomorrow expiry so all data may get altered very fast, however why I see 14100 once again in my system along with 15000 levels.

Keep Learning # Keep Earning # Keep Calm and Happy from inside

Good Luck

Math-0-Magic
13/01/2021


Disclaimer: This write up is for only learning and academic purpose. Please do not take any trade decision based on this write up. Please consult your financial adviser. I am not a SEBI registered analyst.

 

MAD BULLS 

BAD BULLS

BREAKING RNAGE WTH FATAKA MOVE AND SHIFTING HIGHER SIDE

14,714.80	14,412.10	15,026.45	14,100.45
WEEKLY RANGE		MONTHLY RANGE

SUPOORT AND RESISTANCE 

NIFTY CALCULATOR
Up Side	Down Side
14,678.34	14,448.56
14,837.76	14,289.14
15,044.57	14,082.33
15,198.24	13,927.22
15,396.44	13,730.46
CMP SPOT	14,563.45

Nifty # Education Prediction # 11/01/2021

  

Math-0-Magic 

Every day new Greenery in Nifty # Mad Bulls with Big Horns just Killing Bears.

Yes, No doubt in all time frame Nifty Chart is Bullish and Due to Higher VIX ( abnormal one ) helped option buyers. writers may not have enjoyed.

Based on VIX and IV found support and resistance for tomorrow 

NIFTY CALCULATOR
Up Side	Down Side
14,599.94	14,369.56
14,759.78	14,209.72
14,967.12	14,002.38
15,121.20	13,846.86
15,319.91	13,649.59
CMP SPOT	14,484.75

If you are you following # Desi MP as discussed before, you may have noted what should be position you should be stick to. ( C and J Candle Strategy) 

Nifty is trading above Weekly Range  which was posted on 08/01/2021 was from  14387   to 13887 and there was shifting of range in higher side, now Monthly Range as per calculation from 14626 to 13648  is to be seen  and how price is behaving at this stage is be carefully observed.

Now this range shifted to 

14,538.80	14,155.70	14,819.75	13,874.75
Weekly	Range	Monthly	Range

I am not putting any insight as per Magic Level Sheet today. 

Now coming to weekly set up on Option Chain Hidden PCR increased from last day and now is at 0.50 ( this is a caution sign)  and there is not much confidence so far IV position is concerned.  In one word something dicey.

However Monthly OC Hidden PCR is below 0.20 which is good on overall stricture.

There is 99 times excess  Put writing over Call writing in Monthly OC, but only 9 times  excess PUT writing in Weekly OC.

Keep Digging Keep Learning Keep Earning

Math-0-Magic 

Syed Mansur Ali 

 

0

13,887.30

Nifty Educated Prediction # 11/01/2021

 Math-0-Magic 

Nifty in different Time Frame 

ChartArt # Ali 

Nifty Daily Chart

Nifty Weekly 

Nifty Monthly 

First Week of Year 2021  and Nifty ATH

I do not have any Sell Set up as  of now. Chart is not saying so, unless there is conformation I least take a chance to go short against the Trend which is running now.

Coming to data points 14500 is one of the point  reflecting in the out put with IV supporting Bulls and Hidden PCR in monthly is 0.20  and Normal PCR is 1.719.

Weekly data supporting Monthly Data on the score of IV and Hidden PCR

The unwinding is more in CE side than PE side as on today.

73 time excess put writers over the Ce writers

Range Shifting in Nifty from last session to session dated 08/01/2021

14,562.75	14,131.75	14,809.25	13,885.25
Weekly	Range	Monthly	Range

Below was the range as accrued based on data  07/01/2021

14,387.40	13,887.30	14,626.55	13,648.15
WEEKLY	RANGE	MONTHLY	RANGE

So Weekly Range Break out is possible on card on Monday as of now ( high Side)

Sell may come only breaking IB Support so far set up is concerned.

Participant data saying FII are bullish  and they about crack the hedge position of the Client's PUT Selling  strategy. Clients are responsible for market making new ATH till now.

And coming to immediate Support and resistance following are the levels :

NIFTY CALCULATOR
Up Side	Down Side
14,455.35	14,239.15
14,605.34	14,089.16
14,799.92	13,894.58
14,944.51	13,748.64
15,130.98	13,563.52
CMP SPOT	14,347.25

Now coming to Structure on #Desi MP I would say to follow 3 IB or Spike rule as on Friday we had a Spike high close above the Value Area. Nifty Price is finding new Business area  any Price movement on 11/01/2021 below M period till 12.15 will invite price to revisit VA of Previous day.

Desi MP on Candles 

MMarket Profile Chart from Web ( Free) 

Hope I have successfully make my self clear without any confusion.

Good Luck for next week 

Nifty Educated Prediction for 08/01/2021

 On the Note of Negative Close of 1st Weekly Expiry of the Year 2021 Nifty closed at 14137.35 (Spot) and Future at 14203.90.

As today ( 07-01-2021) was expiry non can have 100%  success in anticipating market move as Makers are cunning that We ( People like me small trader) Miss their move easily. Though Opening and move till 2:15 was as per expected but Spot dashed huge but FUT levels hold high with Falling VIX 

Now question is why such thing happen?

The open was for disturbing short position of weak traders and down slide was PE sold players had to be sacrificed.

Postmortem is easy but real time is bit difficult if you dont know the resistance and support.

However coming to data in Weekly OC Good amount of Put Writers are there in system, but Hidden PCR is at higher level which is creating a clog in upmoFve or range breakout of nifty.

IV is in favour of bulls

Again 15000 level is hitting my attention  and again OC is suggesting 14440 and 13830 level as per OC  as available today.

Only 43 times excess put writing over Call writing in Monthly OC

BIG BOYS are in Buying mood and as usual they have kept their Hedge position open but this poor Clients hidden Bullish (PUT sellers ) would not be allowed to get the juice and nifty is likely to open in soft down note.

 No wrong in drawing Free hand chart art_ food for mind _ Refresh your mood.

14,387.40	13,887.30	14,626.55	13,648.15
WEEKLY	RANGE	MONTHLY	RANGE

And coming to immediate Support and resistance following are the levels :

NIFTY CALCULATOR
Up Side	Down Side
14,249.20	14,025.50
14,404.39	13,870.31
14,605.72	13,668.98
14,755.32	13,517.98
14,948.26	13,326.44

I have not Noticed any divergence in Technical Chart pattern
Having two successive Red Candle does not mean Higher TF has given Sell Signal now,

Sorry bears you have some days more to rest.