NIFTY STUDY

NIFTY CMP :23,742.90

DATE : 01/01/2024 

https://t.me/Ali_Syed77

A: PRICE ACTION SEGMENT WITH DESI MP 

NIFTY PROFILE SHITED HIGHER SIDE TAHN PREVIOUS DAY  AND ACCEPTED  UNDER THE VALUE AREA 20/12/2024 WHICH THE MONTHER CANDLE IN RECENT PAST.

TODAY NIFTY SAVED 2025’S POC 23707 AND MOVED SHARP UP WITH PROFILE READING OF C ABOVE IBH AND D AVOVE C  AND PRICE ROTATED AT HIGHER SIDE WITH DAY AT J PERIOD

AT CLOSE DAY’S J LOW SAVED MARGINALLY.  CLOSE PRICE IS ABOVE DAY POC /YEARS POC AND NEAR VAH.

SO FOR TOMORROW NIFTY PRICE HYPOS WOULD BE LONG ABOVE 23785 WITH RESISTANCE AT 23860  AND SHORT BELOW 23665 WITH SUPPORT OF 23583. HOWEVER GAPUP AND GAPDOWN NEED TO BE SEEN WITH FORMATION OF IB.

CHART FROM : https://gocharting.com/terminal?ticker=NSE:NIFTY

B: DATA POSITION ASPECT :

B1.    THE SELLING SPHERE OF THE FII ARE NOT DECREASING AT EOD  DATA THOUGH THEY ARE CHANGING THEIR BALL GAME DURING THE DAY. DESI BOYS ARE STILL NET LONG IN INDEX FUT  AND FIRANGIS ARE SHORT. TODAY CLIENT ADDED LONG BY  259932 WHERE AS FII FURTHER SHORT ADDED -234196 

B2: PCR : 1.03

SO RESISTANCE OF PCR AT 1.11/ 1.21  WITH SUPPORT OF 0.87/0.78

CE WRITING LEVEL:  23790 ( AVOVE THIS CE WITERS OF 23750 WILL FACE PAIN)

PE WRITING LEVEL  23697 ( BELOW THIS 23750 PE WRITERS WILL FACE MAJOR ISSUE)

DATA RANGE  24000-23600

DATA RESTRICTION INITIAL LEVELS :23800-23600
TOMORROW IS WEEKLY EXIRY SO RAPID CHANGE IN DATA WOULD BE SEEN
PAY ATTENTION TO DATA CHANGE DURING THE DAY 

INDICATORS POSITION :

RSI IS STILL RUNNING BELOW 50 LEVELS IN DAILY CHART 

IN 30 MINS RSI MOVED ABOVE 50 LEVEL

IN DAILY TIME FRAME NIFTY SAVED 200 EMA 

THIS IS FOR EDUCATIONAL PURPOSE AND READERS ARE REQUESTED TO SHARE THEIR VIEWS TOO.

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.