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.
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.