Nifty Range Setup -16th Jun : Wait for range break
Market Opening : Gapup expected
Overall Structure : Sideways (Oversold)
FGI Sentiments : Neutral - 17.48↓ Indian & 18↓ Global
Index components : good correlation
Insider Data : Neutral, PCR: 0.59↑ , IVP: 97↑, IV: 35.7↑ High
↑Up : 15900, 16000, 16100, 16200, 16350
↓Down : 15650, 15550, 15450, 15250, 15050
Activity : Short Covering. Probability of short correction. Buy on deep down if opens gapup, or may opens flat/gapdown then go for trend side.
---
*P.S: Identify the B/S zone, Follow the trend direction, and 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 : Sideways (Oversold)
FGI Sentiments : Neutral - 17.48↓ Indian & 18↓ Global
Index components : good correlation
Insider Data : Neutral, PCR: 0.59↑ , IVP: 97↑, IV: 35.7↑ High
↑Up : 15900, 16000, 16100, 16200, 16350
↓Down : 15650, 15550, 15450, 15250, 15050
Activity : Short Covering. Probability of short correction. Buy on deep down if opens gapup, or may opens flat/gapdown then go for trend side.
---
*P.S: Identify the B/S zone, Follow the trend direction, and 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.
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.