Overall Structure : Sideway
Index components : Bullish Neutral Correlation
FGI Sentiments : Low Risk - 76.30↑ Indian & 41↑ Global
Insider Data : Bullish Neutral, PCR: 1.33↓, IVP: 32↓, IV: 15.4↓, VIX: 16.85↑ (23/29)↓
↑Up : 16650, 16700, 16800. 16900, 17000.
↓Down : 16500, 16425, 16350, 16300, 16200.
Market Opening(*Expected): Gapdown to up
Activity : Short Buildup/Short Covering (rebalancing), Nifty may move up towards 17000-17500 by coming month.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
Conclusion: Avail on Request.
~~~~~~~~~~~~~~~~~~~~~~~~~
***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 : Low Risk - 76.30↑ Indian & 41↑ Global
Insider Data : Bullish Neutral, PCR: 1.33↓, IVP: 32↓, IV: 15.4↓, VIX: 16.85↑ (23/29)↓
↑Up : 16650, 16700, 16800. 16900, 17000.
↓Down : 16500, 16425, 16350, 16300, 16200.
Market Opening(*Expected): Gapdown to up
Activity : Short Buildup/Short Covering (rebalancing), Nifty may move up towards 17000-17500 by coming month.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
Conclusion: Avail on Request.
~~~~~~~~~~~~~~~~~~~~~~~~~
***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)***
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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.