Mkt is expected to show Range Bound Movement (Ups & Downs) for some time
Reason :
1.After Gap Up opening some profit Booking from Retail Traders
2. No Fresh position is creating in OI data
Below 21500 possibility of DOWN move …. Complete LOGIC explained in yesterdays YOUTUBE video
Читать полностью…NIFTY Behave As predicted earlier
From 2:13 to 3:30 PM : NIFTY shown Range bound move…. Only Ups & Down…. no clear trend
This is Benefit of Time Analysis …..!!!
Banknifty also shown Upside bounce back from level given Yesterdays YOUTUBE video as per GAP theory
Mkt behave as predicted as per
1. Price Action
&
2. Open interest Data (PCR = Put Call Ratio)
Current put call ratio indicate
One upside bounce back from lower level is possible today
As explained in yesterdays video : From Previous Days High Profit Booking Down move Expected
Читать полностью…Ahead of US market close today ..... No Big Global cues
So
Indian Market will show Range bound move (Ups & Down) for rest of day ..... No Big move
As per Time Analysis for 15 Jan
From 9:15 to 10:44 = Any Range Bound to Slight Up move opportunity indicated by Price Action will be high probablistic
From 10:44 to 12:18 = Any Up move opportunity indicated by Price Action will be high probablistic