Nifty Educated Prediction 06/01/2021

Math-0-Magic

Nifty CMP 14,199.50

Data points on Monthly Speaking a Bulls Support at IV and Hidden PCR ( which fallen from 0.32 to 0.25)

Bullish trend continuation and any correction would be protected by IV and Hidden PCR .

Again 14600 hitting my study with action at 15000 area. 

WEEKLY OC data suggesting a range of 14260 to 13800. 

Till now no set up of short side trade in Nifty for me. 

However OC is giving a price range on breaking of 14260  there is a resistance level 14345.85   and before the downside level come at 13800 a Strong support is at 14053.15. This levels are valid till Thursday.

Based on VIX AND IV following support resistance are coming

 

NIFTY CALCULATOR
Up Side	Down Side
14,321.15	14,077.85
14,489.95	13,909.05
14,708.92	13,690.08
14,871.63	13,525.85
15,081.48	13,317.52
CMP SPOT	14,199.50

So far I can read the participants data in my limited capacity, Clients are going bearish and created a opposite position  which was there in Clients position. FII action in today's market seems to be mutated.  Action and position taken by them tomorrow may open further price gate or show us future path.


Again at the cost of repetition I say " PUT BULATI HAI MAGAR JANE KA NEI"

As per Math-0-Magic Nifty closed above 14161 which is another base level price gate. So a consolidation is required till 14252 for further action.