Finance Period

13/01/2024

10/01/2024

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08/01/2024

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28/11/2023

"📉 Aridharan's Market Insights:A convergence of indicators suggests a potential downtrend. The market remained confined between R1 & S1 with an open equal to the high, aligning with Dow Theory's downtrend indication. CPR analysis showcases a complete downward shift from yesterday.

Additionally, examining demand & supply via open interest, 19850 seems a robust resistance while 19800 acts as strong support. Chart patterns show a battle between bulls and bears, notably with a hammer at 19832 (S1) and a subsequent reverse hammer.

While this indicates a potential entry point, waiting for the bulls' positioning around 19800 before expecting a market fall might be prudent. Monitoring for strategic opportunities! 📊🐂🐻 "

28/11/2023

📊 OI Update: Bulls hold sway till 19800, but at 19850, bears assert strength. Marking 19850 as R1. The battle zone is set – let's monitor OI changes for clues on the impending winner! 📈🐂🐻

28/11/2023

"📉 Today's CPR analysis indicates a complete downward shift from yesterday's levels, signaling a potential downtrend. Stay attentive to market movements as this divergence may influence trading strategies.

28/11/2023

📉 Today's Market Forecast: The spotlight is on 19850 as a potential key level. With the morning open matching the high, Dow Theory suggests a possibility of a downtrend. Stay tuned as we observe and determine today's support and resistance

27/11/2023

23/11/2023

Today's Support & Resistance Levels: Bulls took charge up to 19850 as the market rallie

23/11/2023