Market Opening: Gapdown/Flat;
Overall Structure: Downtrend;
Sentiments: Bearish (31%);
Market Mood(FGI): 59% Greed;
Options: Neutral, PCR: 0.90, IVP:53%, High IV;
Target: 17300, 17350, 17450, 17500;
Stoploss: 17050, 16950, 16850, 16700;
Activity: Likely to be oversold, time to open a fresh position soon.
Verdict: Probabilities of Huge Gapdown with low volume or may fall at 16900-16700.
If Flat Opens, might turn upwards with a breakout.
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*P.S: Identify the B/S zone, Follow the trend direction, Trade after trend confirmation.
We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge purposes only & is subjected to market risk.
Overall Structure: Downtrend;
Sentiments: Bearish (31%);
Market Mood(FGI): 59% Greed;
Options: Neutral, PCR: 0.90, IVP:53%, High IV;
Target: 17300, 17350, 17450, 17500;
Stoploss: 17050, 16950, 16850, 16700;
Activity: Likely to be oversold, time to open a fresh position soon.
Verdict: Probabilities of Huge Gapdown with low volume or may fall at 16900-16700.
If Flat Opens, might turn upwards with a breakout.
---
*P.S: Identify the B/S zone, Follow the trend direction, Trade after trend confirmation.
We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge purposes only & is subjected to market risk.
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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.
Related publications
Disclaimer
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.