Market Opening : Gapdown (Expected*) Overall Structure : Neutral FGI Sentiments : Neutral - 45.44↑ Indian & 25↓ Global Index components : Neutral correlation/Negative Divergence Insider Data : Neutral, PCR: 1.01↑, IVP: 85↑, IV: 24.7↑ High, VIX: 21.90(28/35)↑ ↑Up : 15900, 15980, 16050, 16130, 16200. ↓Down : 15710, 15630, 15570, 15510, 15450. Activity : Short Buildup/Short Covering Conclusion: N/A --- *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. (Data source20:30 IST)
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.