Nifty Educated Prediction for 05/01/2020

 

Math-0-Magic 

Nifty CMP (SPOT) : 14,132.90

Higher Time Frame Chart is Bullish 

Today I beg to refer to the Participants Data  which to me 

is  bit different. As per my read. Clients are more bullish  than FII

I see hidden divergence in Participants data. Client shorted more 

PUTS than PUT long by FII

A move like is more probable. However nothing is pre-defined as the data do change too fast.

As per Desi MP tomorrow is Daily C candle. So IB High and Low  need to be observed for Breakdown or Break out further.

As per Monthly OC 14000 level breaking  is seems to be tough

My system is giving some action at 14600 area. 

Hidden PCR & IV is saying PUTs bulati hai magar jane ka nei.

Only 44 times excess put writing over Call writing in Monthly OC.

Weekly OC is very interesting. Unwinding CE and Addition of  writing of PE at  two particular Strike is very much biased with Bull Side view.

For tomorrow found the below table as Support and Resistance

NIFTY CALCULATOR
Up Side	Down Side
14,251.44	14,014.36
14,415.91	13,849.89
14,629.28	13,636.52
14,787.82	13,476.50
14,992.30	13,273.50
CMP SPOT	14,132.90

As per Magic Level nifty not sustaining above 14161, further gate for downside is open Till 13897

Nifty will fly only above 14161  and consolidation from 14161 to 14252 area.

Need to observe day open and further Price Structure.