Get started

Pivotlevels

NIFTY analogy for 18th-20th Oct : Uptrend towards 17600NIFTY Pre-analysis:::::::::::: Overall Structure : Bullish Correction Index components : Positive Correlation FGI Sentiments : Neutral ; Indian 38↑ & Global 29↑ FII /DII Status : Positive in Cash Market & Derivatives (With Combined OI) Insider Data : Neutral, PCR: 1.01↑, IVP: 58↑, IV: 19↑, VIX: 18.41↑ (31/37)↓ ↑Up : 17500, 17550, 17600, 17650, 17700. ↓Down : 17400, 17350, 17280, 17220, 17170. Market Opening(*Expected): Gapup Activity: Short Covering/Short Buildup Conclusion: Range Expected, Upper Rejection level @17600. Have a Happy & Safe Trading! (Data source@20:00 IST)*** ~~~~~~~~~~~~~~~~~~~~~~~~~ ***Note: Identify the B/S zone, Follow the trend direction with strong confirmation. Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes. Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data. We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NSE:NIFTYLong
by ceogbs89
BANKNIFTY analogy for 17th-20th Oct : Breakout after ConsolidateBANKNIFTY Pre-analysis:::::::::::: Overall Structure : Sideway Index components : Neutral Correlation FGI Sentiments : Neutral ; Indian 28↑ & Global 21↓ FII /DII Status : Positive in Cash Market & Derivatives (With Combined OI) Insider Data : Negative, PCR: 0.76↑, IVP: 22↓, IV: 20↓, VIX: 20.30↑ (32/38)↓ ↑Up : 39500, 39700, 39900, 40100, 40300. ↓Down : 39000, 38800, 38500, 38300, 38000. Market Opening(*Expected): Gapdown/Flat Activity: Short Covering/Short Buildup Conclusion: As on Request. Have a Happy & Safe Trading! (Data source@20:00 IST)*** ~~~~~~~~~~~~~~~~~~~~~~~~~ ***Note: Identify the B/S zone, Follow the trend direction with strong confirmation. Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes. Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data. We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NSE:BANKNIFTY
by ceogbs89
NIFTY analogy for 16th-20th Oct : Volatile Move ContinuationNIFTY Pre-analysis:::::::::::: Overall Structure : Sideway Index components : Neutral Correlation FGI Sentiments : Neutral ; Indian 28↑ & Global 21↓ FII /DII Status : Positive in Cash Market & Derivatives (With Combined OI) Insider Data : Neutral, PCR: 0.67↓, IVP: 27↓, IV: 16↓, VIX: 18.25↓ (32/37)↓ ↑Up : 17100, 17150, 17200, 17250, 17300. ↓Down : 17000, 16950, 16900, 16850, 16750. Market Opening(*Expected): Gapdown Activity: Short Covering/Short Buildup Conclusion: From above the nutshell, Observed that Derivative data is partial positive where other components are neutral along with overall sentiments. As per Global data indicates negative against Asian data, The Market may open from 1% lower. And the market may move with symmetrical triangle structure in a volatile range. It is more likely to move upside after consolidation. Have a Happy & Safe Trading! (Data source@20:00 IST)*** ~~~~~~~~~~~~~~~~~~~~~~~~~ ***Note: Identify the B/S zone, Follow the trend direction with strong confirmation. Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes. Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data. We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NSE:NIFTY
by ceogbs89
2
BANKNIFTY analogy for 14th-20th Oct : No Trading on Huge GapupBANKNIFTY Pre-analysis:::::::::::: Overall Structure : Sideway Index components : Neutral Correlation FGI Sentiments : Neutral ; Indian 21↑ & Global 24↑ FII/DII Status : Negative in Cash Market & Derivatives (With Combined OI) Insider Data : Negative, PCR: 0.63↓, IVP: 54↑, IV: 25↑, VIX: 20.30↑ (32/38)↓ ↑Up : 39500, 39700, 39900, 40100, 40300. ↓Down : 39000, 38800, 38500, 38300, 38000. Market Opening(*Expected): Huge Gapup (at least/at most 1.5% means 700pts) Activity: No trading after huge gap Conclusion: From above the nutshell, Observed that Derivative data is negative where other components are neutral. The Market is spending time in its Demand zone. Probability of break the zone with a huge gapup and a pullback. Have a Happy & Safe Trading! (Data source@22:00 IST)*** ~~~~~~~~~~~~~~~~~~~~~~~~~ ***Note: Identify the B/S zone, Follow the trend direction with strong confirmation. Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes. Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data. We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NSE:BANKNIFTY
by ceogbs89
NIFTY analogy for 14th-20th Oct : No Trading on Huge GapupNIFTY Pre-analysis:::::::::::: Overall Structure : Sideway Index components : Neutral Correlation FGI Sentiments : Neutral ; Indian 21↑ & Global 24↑ FII/DII Status : Negative in Cash Market & Derivatives (With Combined OI) Insider Data : Neutral, PCR: 0.81↓, IVP: 62↑, IV: 20↑, VIX: 20.30↑ (32/38)↓ ↑Up : 17200, 17260, 17340, 17400, 17470. ↓Down : 17100, 17030, 16950, 16890, 16820. Market Opening(*Expected): Huge Gapup (at least/at most 1.5% means 200pts) Activity: No trading after huge gap Conclusion: From above the nutshell, Observed that Derivative data is negative where other components are neutral. Have a Happy & Safe Trading! (Data source@22:00 IST)*** ~~~~~~~~~~~~~~~~~~~~~~~~~ ***Note: Identify the B/S zone, Follow the trend direction with strong confirmation. Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes. Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data. We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NSE:NIFTY
by ceogbs89
1
BANKNIFTY analogy for 13th-20th Oct : Volatile/BreakoutBANKNIFTY Pre-analysis:::::::::::: Overall Structure : Sideway Index components : Neutral Correlation FGI Sentiments : Negative- 19↓ Indian & 20↓ Global Insider Data : Neutral, PCR: 0.87↑, IVP: 54↑, IV: 24↑, VIX: 20.17↑ (34/39)↑ ↑Up : 39350, 39550, 39750, 39950, 40200. ↓Down : 38850, 38650, 38380, 38150, 37950. Market Opening(*Expected): Flat Activity: Short Buildup/Short Covering Conclusion: From above the nutshell, Derivative data shows negative where other components are neutral. Suggesting to no trade until break triangle pattern (symmetrical). Noticed the rejection point at 39700 at 2nd upper resistance. It's indecisive to advice the trend direction until breakout but probability of upside breakout with a pullback. Trade wisely on volatile market and pick the directional trade. Have a Happy & Safe Trading! (Data source@22:00 IST)*** ~~~~~~~~~~~~~~~~~~~~~~~~~ ***Note: Identify the B/S zone, Follow the trend direction with strong confirmation. Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes. Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data. We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NSE:BANKNIFTY
by ceogbs89
NIFTY analogy for 13th-20th Oct : Volatile/BreakoutNIFTY Pre-analysis:::::::::::: Overall Structure : Sideway Index components : Neutral Correlation FGI Sentiments : Negative- 19↓ Indian & 20↓ Global Insider Data : Neutral, PCR: 0.93↑, IVP: 60↑, IV: 19↑, VIX: 20.17↑ (34/39)↑ ↑Up : 17200, 17255, 17330, 17380, 17430. ↓Down : 17050, 16980, 16930, 16870, 16820. Market Opening(*Expected): Partial Gapdown/Flat Activity: Short Buildup/Short Covering for Volatile range Conclusion: From above the nutshell, Derivative data shows negative where other components are neutral. Suggesting to no trade until break triangle pattern(symmetrical). Noticed the rejection point at 17300 at 3rd upper resistance. It's indecisive to advice the trend direction until breakout but probability of upside breakout with a pullback. Trade wisely on volatile market and pick the directional trade. Have a Happy & Safe Trading! (Data source@22:00 IST)*** ~~~~~~~~~~~~~~~~~~~~~~~~~ ***Note: Identify the B/S zone, Follow the trend direction with strong confirmation. Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes. Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data. We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NSE:NIFTY
by ceogbs89
BANKNIFTY analogy for 12th/13th Oct : Bearish ImpulseBANKNIFTY Pre-analysis:::::::::::: Overall Structure : Downtrend Index components : Bearish Correlation FGI Sentiments : Negative- 24↓ Indian & 20↓ Global Insider Data : Bearish, PCR: 0.69↓, IVP: 75↑, IV: 28↑, VIX: 20.50↑ (33/38)↑ ↑Up : 39250, 39400, 39580, 39720, 39900. ↓Down : 38840, 38700, 38500, 38350, 38200. Market Opening(*Expected): Partial Gapup Activity: Short Buildup/Short Covering Remarks: Probability of Gapup to sideway consolidation then breakdown (Data source@22:00 IST)*** ~~~~~~~~~~~~~~~~~~~~~~~~~ ***Note: Identify the B/S zone, Follow the trend direction with strong confirmation. Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes. Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data. We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NSE:BANKNIFTY
by ceogbs89
NIFTY analogy for 12th/13th Oct : Bearish ImpulseNIFTY Pre-analysis:::::::::::: Overall Structure : Downtrend Index components : Bearish Correlation FGI Sentiments : Negative- 24↓ Indian & 20↓ Global Insider Data : Bearish, PCR: 0.53↓, IVP: 76↑, IV: 22↑, VIX: 20.50↑ (33/38)↑ ↑Up : 17140, 1720, 17255, 17300, 17360. ↓Down : 17030, 16970, 16910, 16870, 16820. Market Opening(*Expected): Partial Gapup Activity: Short Buildup/Short Covering Remarks: Probability of Gapup to sideway consolidation then breakdown (Data source@22:00 IST)*** ~~~~~~~~~~~~~~~~~~~~~~~~~ ***Note: Identify the B/S zone, Follow the trend direction with strong confirmation. Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes. Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data. We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NSE:NIFTY
by ceogbs89
BANKNIFTY analogy for 10th-13th Oct : Bearish NeutralBANKNIFTY Pre-analysis:::::::::::: Overall Structure : Neutral Index components : Neutral Correlation FGI Sentiments : Neutral- 40↑ Indian & 22↓ Global Insider Data : Bearish Neutral, PCR: 0.85↓, IVP: 50↑, IV: 22↑, VIX: 18.81↓ (31/36)↑ ↑Up : 38400, 38600, 38800, 39100, 39400. ↓Down : 38100, 37900, 37700, 37500, 37300. Market Opening(*Expected): Huge Gapdown Activity: Short Buildup/Short Covering Conclusion: Probability of Gapdown to upward move or it could be a volatile day. (Data source@21:00 IST)*** ~~~~~~~~~~~~~~~~~~~~~~~~~ ***Note: Identify the B/S zone, Follow the trend direction with strong confirmation. Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes. Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data. We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NSE:BANKNIFTY
by ceogbs89
1
NIFTY analogy for 10th/13th Oct : Bearish NeutralNIFTY Pre-analysis:::::::::::: Overall Structure : Neutral Index components : Neutral Correlation FGI Sentiments : Neutral- 40↑ Indian & 22↓ Global Insider Data : Bearish Neutral, PCR: 0.79↓, IVP: 54↑, IV: 18↑, VIX: 18.81↓ (31/36)↑ ↑Up : 17100, 17150, 17200, 17250, 17300. ↓Down : 17000, 16950, 16900, 16890, 16800. Market Opening(*Expected): Huge Gapdown Activity: Short Buildup/Short Covering Conclusion: Probability of Gapdown to upward move or it could be a volatile day. (Data source@21:00 IST)*** ~~~~~~~~~~~~~~~~~~~~~~~~~ ***Note: Identify the B/S zone, Follow the trend direction with strong confirmation. Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes. Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data. We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NSE:NIFTY
by ceogbs89
1
BANKNIFTY analogy for 7th/13th Oct : Bearish Impulsive continueBANKNIFTY Pre-analysis:::::::::::: Overall Structure : Sideway Index components : Neutral Correlation FGI Sentiments : Neutral- 37↑ Indian & 32↑ Global Insider Data : Neutral, PCR: 0.86↓, IVP: 33↑, IV: 22↓, VIX: 19.31↓ (20/35)↑ ↑Up : 39450, 39630, 39770, 39900, 40100. ↓Down : 39120, 38970, 38800, 38700, 38500. Market Opening(*Expected): Flat to Downward Activity: Short Buildup Conclusion: N/A (Data source@21:00 IST)*** ~~~~~~~~~~~~~~~~~~~~~~~~~ ***Note: Identify the B/S zone, Follow the trend direction with strong confirmation. Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes. Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data. We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NSE:BANKNIFTY
by ceogbs89
NIFTY analogy for 7th/13th Oct : Turning towards Bearish ImpulseNIFTY Pre-analysis:::::::::::: Overall Structure : Sideway Index components : Neutral Correlation FGI Sentiments : Neutral- 37↑ Indian & 32↑ Global Insider Data : Neutral, PCR: 0.82↓, IVP: 31↑, IV: 16↓, VIX: 19.31↓ (20/35)↑ ↑Up : 17360, 17430, 17480, 17530, 17580, 17650. ↓Down : 17290, 17250, 17190, 17120, 17070. Market Opening(*Expected): Flat Activity: Short Buildup Conclusion: At Corrective point-C, Market tried to fall down. Probability of Bearish Impulsive move tomorrow. If Trend fails to break the level, Keep focus on Strangle for Range trading. (Data source@21:00 IST)*** ~~~~~~~~~~~~~~~~~~~~~~~~~ ***Note: Identify the B/S zone, Follow the trend direction with strong confirmation. Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes. Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data. We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NSE:NIFTY
by ceogbs89
NIFTY analogy for 6th/13th Oct : Corrective MoveNIFTY Pre-analysis:::::::::::: Overall Structure : Corrective move Index components : Neutral Correlation FGI Sentiments : Negative - 30↑ Indian & 32↑ Global Insider Data : Neutral, PCR: 1.02↑, IVP: 15↓, IV: 18↓, VIX: 19.57↓ (29/34)↓ ↑Up : 17320, 17350, 17400, 17450, 17500. ↓Down : 17200, 17160, 17120, 17070, 17030. Market Opening(*Expected): Flat/Partial Gapup Activity: Short Covering/Short Buildup Conclusion: Probability of take 1st rejection at 17400 upward level. (Data source@11:00 IST)*** ~~~~~~~~~~~~~~~~~~~~~~~~~ ***Note: Identify the B/S zone, Follow the trend direction with strong confirmation. Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes. Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data. We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NSE:NIFTY
by ceogbs89
BANKNIFTY analogy for Oct 4th/6th : Another Volatility RangeBANKNIFTY Pre-analysis:::::::::::: Overall Structure : Bearish Index components : Neutral Correlation FGI Sentiments : Selling - 28↓ Indian & 24↑ Global Insider Data : Bearish Neutral, PCR: 0.74↓, IVP: 74↑, IV: 28.2↑, VIX: 21.36↑ (30/35)↓ ↑Up : 39050, 39250, 39450, 39670, 39880. ↓Down : 38400, 38230, 38030, 37850, 37630. Market Opening(*Expected): Huge Gap up (300-600pts) Activity: Short Covering Conclusion: Probability of create volatility range between 39100-37800 this week. (Data source@11:00 IST)*** ~~~~~~~~~~~~~~~~~~~~~~~~~ ***Note: Identify the B/S zone, Follow the trend direction, ORB with strong confirmation. Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes. Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data. We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NSE:BANKNIFTY
by ceogbs89
NIFTY analogy for Oct 4th/6th : Another Volatility Range NIFTY Pre-analysis:::::::::::: Overall Structure : Bearish Index components : Neutral Correlation FGI Sentiments : Selling - 28↓ Indian & 24↑ Global Insider Data : Bearish Neutral, PCR: 0.68↓, IVP: 70↑, IV: 21.5↑, VIX: 21.36↑ (30/35)↓ ↑Up : 17170, 17230, 17300, 17360, 17400. ↓Down : 17000, 16930, 16870, 16820, 16760. Market Opening(*Expected): Huge Gap up (150-200pts) Activity: Short Covering Conclusion: Probability of create volatility range between 17200-16800 this week. (Data source@11:00 IST)*** ~~~~~~~~~~~~~~~~~~~~~~~~~ ***Note: Identify the B/S zone, Follow the trend direction with strong confirmation. Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes. Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data. We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NSE:NIFTY
by ceogbs89
2
BANKNIFTY analogy for Oct 3rd/6th : Volatile DayBANKNIFTY Pre-analysis:::::::::::: Overall Structure : Bearish Index components : Neutral Correlation FGI Sentiments : Selling - 35↑ Indian & 15↓ Global Insider Data : Bearish Neutral, PCR: 1.08↑, IVP: 34↑, IV: 22.6↑, VIX: 19.96↓ (31/36)↓ ↑Up : 39050, 39250, 39450, 39670, 39880. ↓Down : 38400, 38230, 38030, 37850, 37630. Market Opening(*Expected): Gap down/Flat Conclusion: Available on Request (Data source@11:00 IST)*** ~~~~~~~~~~~~~~~~~~~~~~~~~ ***Note: Identify the B/S zone, Follow the trend direction with strong confirmation. Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes. Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data. We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NSE:BANKNIFTY
by ceogbs89
2
NIFTY analogy for Oct 3rd/6th : Volatile DayNIFTY Pre-analysis:::::::::::: Overall Structure : Bearish Index components : Neutral Correlation FGI Sentiments : Selling - 35↑ Indian & 15↓ Global Insider Data : Bearish Neutral, PCR: 1.16↑, IVP: 40↑, IV: 17.2↑, VIX: 19.96↓ (31/36)↓ ↑Up : 17170, 17230, 17300, 17360, 17400. ↓Down : 17000, 16930, 16870, 16820, 16760. Market Opening(*Expected): Gap down/Flat Conclusion: Available on Request (Data source@11:00 IST)*** ~~~~~~~~~~~~~~~~~~~~~~~~~ ***Note: Identify the B/S zone, Follow the trend direction with strong confirmation. Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes. Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data. We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NSE:NIFTY
by ceogbs89
LUNC - The potential road to recoveryG'day, Breakdown: 1. Note 2. Contents 3. Research breakdown 4. LUNC Burn 5. Information on Lupa. A note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged Short due to the overall monthly supply in control, until the opportunity of a rejection of the PCP has occurred or a long opportunity from a break and retest of the trend. Overall, where an imbalance is formed and sellers have completed the changing of hands due to purchasing further increments the exhaustive sellers. Until this criteria is met - shorts are held. Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. However, note, at current we are awaiting confirmation of a Bullish move. The Technicals at play during the current time will be extremely dynamic - however the pathway has established a strong demand. Now the slow process is gearing up. Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Orange = Daily White = Structural move down Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence. Daily chart Price has been squeezed once the floor and has also provided analyzing structure where a Symmetrical pattern had created the strong upside which was presenting itself. The latest - price has created a Pivot demand for a single candle creation - at 0.00017XX lows. The previous supply had also established a pivot single candle rejection from the 0.007X and rejected. Potential channel breakout Structure left - does not provide much help in this instance where the Floor Cap has been created. However key takeaways on the Four day Demand Price has established a nice pivoted demand which on the 2-4 day chart has indicated a PCP zone which is now a FL zone (subject to price action and confirmation rules). The pink line represents the imbalance where price has successfully closed out with the high at 0.00017XXX The Four day chart eradicates the noise - all be it at current the price action is still currently forming so this technical analysis is still early, however a strong floor has been created and price action. The technical patterns thus far have created a 'Strong engulfing candle' which allows the impulsive pattern and a great slow tail off in a corrective pattern forming, allowing the low to form which aligns with structure (looking left). Key lows - have formed at the weekly zone. Weekly Weekly candle of pure drama where the collapse occurred with failure to peg the stabilize UST and Luna with collateral as BTC holdings. The minting and burning of converting Terra to Luna also contributed to the price collapse with a death spiral with the ever increasing supply being created. The balancing mechanism provided a clear imbalance which needed addressing but failed to be maintained. This has lead to the new Luna Classic token to be established with holders converting previous Luna Tokens being converted into Luna Classic or LUNC. Token Burn tax of 1.2% "Terra community has passed Proposals 3568 and 4159, which will introduce a 1.2% tax burn for on-chain transactions of LUNC and USTC on Terra Classic network." - creating this burn taxation upon deposits, withdrawals will allow the overall supply of tokens circulated to create a scarcity as now a finite ever reducing supply is in effect. The demand creation from said shrinking supply availability like BTC possesses will in turn create a bullish demand for holders and in the long term price action will be reflected to price points (all be it, target prices will vary) due to a multitude of variables such as, inflows, volume traded, staking of coin supply to remove from circulation, time, holders to maintain longevity, supply reduction and transparency). www.binance.com Do you enjoy the setups? Professional analyst with 5+ years experience in the capital markets Focus on technical output not fundamentals Focus on investing for long term positional moves Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXII
LLong
by LupaCapital
4
BANKNIFTY analogy for Sep 5th/8th Sep : No Trade until sig breakBANKNIFTY Pre-analysis:::::::::::: Overall Structure : Bearish Neutral Index components : Neutral Correlation FGI Sentiments : Neutral - 60.16↑ Indian & 41↓ Global Insider Data : Bearish Neutral, PCR: 0.91↑, IVP: 23↓, IV: 20.5↑, VIX: 19.55↓ (25/32)↓ ↑Up : 39580, 29750, 39900, 40150, 40300 ↓Down : 39180, 39000, 38850, 38700, 38500 Market Opening(*Expected): Partial Gap down/Flat Conclusion: Probability of breakdown after consolidation. Sell Below 39150. If breakdown fails, buy above 39700. (Data source@11:00 IST)*** ~~~~~~~~~~~~~~~~~~~~~~~~~ ***Note: Identify the B/S zone, Follow the trend direction with strong confirmation. Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes. Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data. We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NSE:BANKNIFTY
by ceogbs89
NIFTY analogy for Sep 5th/8th Sep : No Trade until Signal BreaksNIFTY Pre-analysis:::::::::::: Overall Structure : Bearish Neutral Index components : Neutral Correlation FGI Sentiments : Neutral - 60.16↑ Indian & 41↓ Global Insider Data : Bearish Neutral, PCR: 0.81↓, IVP: 54↓, IV: 17.9↓, VIX: 19.55↓ (25/32)↓ ↑Up : 17630, 17690, 17770. 17840, 17950. ↓Down : 17470, 17410, 17330, 17240, 17160. Market Opening(*Expected): Partial Gap down/Flat Conclusion: Probability of breakdown after consolidation. Sell Below 17470. (Data source@11:00 IST)*** ~~~~~~~~~~~~~~~~~~~~~~~~~ ***Note: Identify the B/S zone, Follow the trend direction with strong confirmation. Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes. Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data. We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NSE:NIFTY
by ceogbs89
BANKNIFTY range setup for Sep 1st/8th Sep :Avoid Sideway Go DownOverall Structure : Bearish /Downtrend Index components : Neutral Correlation FGI Sentiments : Neutral - 57.27↓ Indian & 48↓ Global Insider Data : Neutral, PCR: 0.78↑, IVP: 16↑, Low IV: 19.4↑, VIX: 18.70↓ (25/32)↓ ↑Up : 39200, 39400, 39600, 39800, 40000 ↓Down : 39000, 38800, 38600, 38400, 38200 Market Opening(*Expected): Gapdown Conclusion/Activity : Down after consolidation (Avoid low momentum sideway) ~~~~~~~~~~~~~~~~~~~~~~~~~ ***Note: Identify the B/S zone, Follow the trend direction with strong confirmation. Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes. Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data. We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk. (Data source@11:00 IST)***
NSE:BANKNIFTY
by ceogbs89
4