Overall Structure : Uptrend (Overbought)
Index components : Bullish Neutral Correlation
FGI Sentiments : Greedy - 80.21↓ Indian & 55↓ Global
Insider Data : Neutral, PCR: 1.21↓, IVP: 8↓, Low IV: 12.4↓, VIX: 17.35↓ (19/25)↓
↑Up : 18000, 18050, 18100. 18160, 18230.
↓Down : 17900, 17850, 17800, 17750, 17700.
Market Opening(*Expected): Gapdown
Activity : Short Buildup/Short Covering (rebalancing),
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
Conclusion: Market is Overbought, May turn down at any higher level
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
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 source23:00 IST)***
Index components : Bullish Neutral Correlation
FGI Sentiments : Greedy - 80.21↓ Indian & 55↓ Global
Insider Data : Neutral, PCR: 1.21↓, IVP: 8↓, Low IV: 12.4↓, VIX: 17.35↓ (19/25)↓
↑Up : 18000, 18050, 18100. 18160, 18230.
↓Down : 17900, 17850, 17800, 17750, 17700.
Market Opening(*Expected): Gapdown
Activity : Short Buildup/Short Covering (rebalancing),
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
Conclusion: Market is Overbought, May turn down at any higher level
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
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 source23:00 IST)***
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.