Overall Structure : Breakout Index components : Bullish Correlation FGI Sentiments : Low Risk - 77.85↑ Indian & 33↑ Global Insider Data : Bullish, PCR: 1.36↓, IVP: 38↓, IV: 16.0↓, VIX: 17.30↑ (24/30)↓ ↑Up : 16400, 16450, 16500. 16550, 16650. ↓Down : 16250, 16200, 16150, 16100, 16000. Market Opening(*Expected): Gapup to Downward Activity : Short Buildup/Short Covering (rebalancing) Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, political election scenario, Employment risks, GST 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 source21:00 IST)***
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