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

14,562.7514,131.7514,809.2513,885.25
WeeklyRangeMonthlyRange


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

14,387.4013,887.3014,626.5513,648.15
WEEKLYRANGEMONTHLYRANGE


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 SideDown Side
14,455.3514,239.15
14,605.3414,089.16
14,799.9213,894.58
14,944.5113,748.64
15,130.9813,563.52
CMP SPOT14,347.25

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 






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