1st Weekly Expiry of the Year 2021

Math-0-Magic

 

Nifty CMP : 14,146.25

Tomorrow 1st weekly expiry of the year 2021.

A.    First coming to participants data Big Boys will not allow Nifty to sustain in downside seeing the PUT sold by the Clients  the tentative move we may see that Price will be taken upside the FII would use the opportunity to exit their Long.  

 

B.    Coming to OC the range is coming to 14265.25 and 14027.25  and breaking  either side Range Break out is possible.

 

C.     Today we have seen a sudden Fall in price but during the market hour what have been noted by the Math-0-Magic Discussion group that there was some hidden game plan of the Bulls who bought at low as the Price and Selling and Buying Volume  were in divergence.

 

D.    IV and Hidden PCR is loudly even today is saying “ PUT bulati hai magar janeke nei”.

 

E.     I would definitely go short if Monthly Hidden PCR cross >0.58
even today that level is much away. Weekly Hidden PCR is just below 0.58

 

F.     Only and only on Breaking the level of 14252 ( Magic Sheet level) and OC level 14262 further break out is possible and there is possibility of move of 471.50 points in next two days in nifty.

 

G.     However based on VIX and IV some support and resistance are coming out in my system which is as follows :

On Expiry day kuch bhi mumkin but I dont have any short side trade set up. Ayega to karunga Zaroor.

Kaal ka move possible drawing unethical Lines on Market Profile Charts