Market Opening : Gapdown (Expected*)
Overall Structure : Neutral
FGI Sentiments : Neutral - 44.78↑ Indian & 29↑ Global
Index components : Neutral correlation
Insider Data : Neutral, PCR: 0.91↓, IVP: 74↓, IV: 21.4↓ High, VIX: 21.45(27/34)↑
↑Up : 15800, 15900, 16000, 16050, 16150.
↓Down : 15760, 15700, 15630, 15570, 15500.
Activity : Short Buildup/Short Covering
Conclusion: N/A
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*Note: Identify the B/S zone, Follow the trend direction with a 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 purposes only & is subjected to market risk.