Nifty range setup for 12th July | Range holds for Turnup
Overall Structure : Range
Index components : Neutral correlation
FGI Sentiments : Bullish - 76.62↑ Indian & 28↓ Global
Insider Data : Partial Bullish, PCR: 1.14↑, IVP: 63↑, IV: 18.8↓, VIX: 18.36↓ (26/32)↑
↑Up : 16300, 16350, 16400, 16450, 16500.
↓Down : 16150, 16100, 16000, 15925, 15850.
Market Opening(*Expected): Flat
Activity : Short Buildup/Short Covering (rebalancing)
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, political election scenario, Employment cost hike
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 source23:30 IST)***
Index components : Neutral correlation
FGI Sentiments : Bullish - 76.62↑ Indian & 28↓ Global
Insider Data : Partial Bullish, PCR: 1.14↑, IVP: 63↑, IV: 18.8↓, VIX: 18.36↓ (26/32)↑
↑Up : 16300, 16350, 16400, 16450, 16500.
↓Down : 16150, 16100, 16000, 15925, 15850.
Market Opening(*Expected): Flat
Activity : Short Buildup/Short Covering (rebalancing)
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, political election scenario, Employment cost hike
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 source23:30 IST)***
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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.