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The NIFTY_I session demonstrated how Bell Orderflow Ultimate identified a structured net 40-point market move using the combined strength of VC, TBTS, and CR. The session developed across two distinct phases, where predefined Price Reaction, Risk Limit, and Market Equilibrium levels provided an objective framework for studying evolving market structure.

Phase 1 – 30 Points Risk Limit Hit

L React (Price Reaction @ 24534.50)

• This Price Reaction level represented the initial Orderflow reference observed during the first phase.
• It provided an objective checkpoint for studying how price responded around the predefined reaction area.

RL (Risk Limit @ 24504.50)

• This Risk Limit level established the predefined risk boundary for Phase 1.
• Price subsequently reached RL, resulting in a 30-point Risk Limit event from the initial reaction reference.

Phase 2 – 70 Points Market Move (VC + TBTS + CR)

S React (Price Reaction @ 24490.80)

• This Price Reaction level represented the primary Orderflow reference for the second phase.
• It provided the starting reference for tracking the subsequent price progression through the predefined market structure.

RL (Risk Limit @ 24520.80)

• This Risk Limit level established a clearly defined risk boundary for Phase 2.
• RL provided an objective reference for evaluating whether the developing market structure remained valid.

ME-1 (Market Equilibrium @ 24440.80)

• ME-1 represented the first Market Equilibrium reference reached during Phase 2.
• This equilibrium level provided an intermediate checkpoint for studying price progression from the reaction area.

ME-2 (Market Equilibrium @ 24320.80)

• ME-2 represented the next Market Equilibrium reference within the developing market structure.
• The progression through successive equilibrium levels provided a structured framework for studying the broader market move.

Key Learning

This NIFTY_I session demonstrates how VC, TBTS, and CR can be studied alongside predefined Price Reaction, RL, and ME levels. Phase 1 reached its predefined RL with a 30-point Risk Limit event, while Phase 2 developed into a 70-point market move through successive Orderflow reference levels.

Studying these phases as a structured sequence provides an objective framework for understanding price progression rather than interpreting individual levels in isolation.

Net Move Observed: 40 Points

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Disclaimer

BellTPO is a software and indicator development company. This analysis is shared solely for educational and informational purposes and should not be considered investment or trading advice. Users should conduct their own research before making any trading decisions. Past market behaviour does not guarantee future results.