Nifty Levels for 21 July 2020

[OptimSignals]

Level's for Nifty 21 July 2020

Buy above 11026

Sell below 10953


DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
Do Your Own Research

 

[anmohiey]

Neural at play. Inversions cannot be ruled out. Education purposes only.

 

[aaru]

Neural? What is that red line which is forward plotted.. couldn't make out that lable.. Jan Feb lower than current price.. or Yaxis is not price

 

[timepass]

Neural at play. Inversions cannot be ruled out. Education purposes only.
View attachment 43597

Thanks, but would appreciate some explanations/ interpretations in simple language, like a "for dummies" language

 

[anmohiey]

Neural? What is that red line which is forward plotted.. couldn't make out that lable.. Jan Feb lower than current price.. or Yaxis is not price

Y axis is price, but absolute value should be read. The curves can help in gauging market movement. Please dont read beyond one week as a lot dynamics stands to change. There is an imminent down movement around the corner.
Deep correction is knocking around.

 

[anmohiey]

Thanks, but would appreciate some explanations/ interpretations in simple language, like a "for dummies" language

the neural is projection of price based on past behaviour of chart involving AI. We can consider it for next few days. The curve pattern shown is likely to follow. Nowadays, people have realised that, technical and fundamental analysis carry not much substance and Q spectrum and Artificial intelligence being employed for assessing future price behaviour and likely market turns for short period, say for 4 days or 6 days etc. It is better than relying on guess work, i believe.

 

[anmohiey]

The Bottom Curve took inversion since 18-Aug-20.
Education purposes only