NIFTY analogy for 14-17th Nov: Struggling to break Upper CircuitNIFTY Pre-analysis::::::::::::
Overall Structure : Uptrend
Index Components : Bullish Correlation
FGI Sentiments : Bullish; Indian 63↑ & Global 66↑
FII /DII Status : Positive in Cash Market & Derivatives (With Combined OI)
Insider Data : Neutral, PCR: 1.06↑, IVP: 0↓, Low IV: 13↓, VIX: 14.40↓ (22/29)↓
↑Upper Level : 18400, 18460, 18500, 18550, 18600.
↓Lower Level : 18300, 18250, 18180, 18120, 18050.
Market Opening(*Expected ORB): Flat
Activity: Long Buildup/Short covering
Conclusion: From above the nutshell, Showing Derivative data was negative and sentiment is neutral. Here Global market indicates positive sign whereas the Asian market shows neutral. Observed VIX is at lower top lower button. It's probability of flat/gapdown to upward tomorrow and rallies/soars towards 18600 by coming week after a volatile breakout.
Have a Happy & Safe Trading!
(Data source@21:00 IST)***
___________________________________
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
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% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
Reversalpoint
BANKNIFTY analogy for 10-17th Nov: Struggling to break Upper CktBANKNIFTY Pre-analysis::::::::::::
Overall Structure : Uptrend
Index Components : Neutral Correlation
FGI Sentiments : Neutral; Indian 60↓ & Global 63↑
FII /DII Status : Negative in Cash Market & Derivatives (With Combined OI)
Insider Data : Negative, PCR: 0.84↓, IVP: 2↓, Low IV: 16↓, VIX: 15.56↓ (23/29)↓
↑Upper Level : 42300, 42400, 42500, 42600, 42700, 42800.
↓Lower Level : 42200, 42080, 41950, 41800, 41650.
Market Opening(*Expected ORB): Huge Gapup
Activity: Long Buildup/Short covering
Conclusion: From above the nutshell, Showing Derivative data was negative and sentiment is neutral. Here Global market indicates positive sign whereas the Asian market shows neutral. Observed VIX is at lower top lower button. It's probability of 1.5% gapup tomorrow and rallies/soars towards 43000 by coming week after a volatile breakout.
Have a Happy & Safe Trading!
(Data source@22:00 IST)***
___________________________________
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
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% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NIFTY analogy for 10-17th Nov: Struggling to break Upper CircuitNIFTY Pre-analysis::::::::::::
Overall Structure : Uptrend
Index Components : Neutral Correlation
FGI Sentiments : Neutral; Indian 60↓ & Global 63↑
FII /DII Status : Negative in Cash Market & Derivatives (With Combined OI)
Insider Data : Negative, PCR: 0.78↓, IVP: 4↓, Low IV: 13↓, VIX: 15.56↓ (23/29)↓
↑Upper Level : 18400, 18460, 18500, 18550, 18600.
↓Lower Level : 18300, 18250, 18180, 18120, 18050.
Market Opening(*Expected ORB): Huge Gapup
Activity: Long Buildup/Short covering
Conclusion: From above the nutshell, Showing Derivative data was negative and sentiment is neutral. Here Global market indicates positive sign whereas the Asian market shows neutral. Observed VIX is at lower top lower button. It's probability of 1.5% gapup tomorrow and rallies/soars towards 18600 by coming week after a volatile breakout.
Have a Happy & Safe Trading!
(Data source@22:00 IST)***
___________________________________
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
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% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
BANKNIFTY analogy for 9th-10th Nov:Struggling to break Upper CktBANKNIFTY Pre-analysis::::::::::::
Overall Structure : Uptrend
Index Components : Positive Correlation
FGI Sentiments : Neutral; Indian 65↑ & Global 63↑
FII /DII Status : Bullish in Cash Market & Derivatives (With Combined OI)
Insider Data : Neutral, PCR: 1.11↑, IVP: 2.38↑, IV: 18↓, VIX: 16↓ (25/31)↓
↑Upper Level : 41900, 42000, 42150, 42300, 42500.
↓Lower Level : 41500, 41350, 41110, 40900, 40700.
Market Opening(*Expected ORB): Huge Gapup
Activity: Long Buildup
From above the nutshell, Showing Derivative data was positive and sentiment is positive. Here Global market indicates positive sign whereas the Asian market shows neutral. Observed VIX is at lower top lower button. It's probability of rallies/soars towards 43500 by coming week with following support @41400.
Have a Happy & Safe Trading!
(Data source@21:00 IST)***
___________________________________
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
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% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NIFTY analogy for 9th-10th Nov:Struggling to break Upper CircuitNIFTY Pre-analysis::::::::::::
Overall Structure : Uptrend
Index Components : Positive Correlation
FGI Sentiments : Neutral; Indian 65↑ & Global 63↑
FII /DII Status : Bullish in Cash Market & Derivatives (With Combined OI)
Insider Data : Neutral, PCR: 0.84↓, IVP: 4↓, Low IV: 14↓, VIX: 15.58↓ (24/30)↓
↑Upper Level : 18250, 18300, 18340, 18380, 18420.
↓Lower Level : 18150, 18100, 18050, 18000, 17950.
Market Opening(*Expected ORB): Huge Gapup
Activity: Long Buildup
Conclusion: From above the nutshell, Showing Derivative data was positive and sentiment is positive. Here Global market indicates positive sign whereas the Asian market shows neutral. Observed VIX is at lower top lower button. It's probability of rallies/soars towards 18600 by coming week with following support @18000.
Have a Happy & Safe Trading!
(Data source@22:00 IST)***
___________________________________
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
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% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
GBPJPY I Local Intraday SHORT!Welcome back! Let me know your thoughts in the comments!
**GBPJPY - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Brian & Kenya Horton, BK Forex Academy
BANKNIFTY analogy for 4th-10th Nov : Holds for a Line BreakBANKNIFTY Pre-analysis::::::::::::
Overall Structure : Uptrend
Index Components : Neutral Correlation
FGI Sentiments : Neutral; Indian 57↑ & Global 55↓
FII /DII Status : Neutral in Cash Market & Derivatives (With Combined OI)
Insider Data : Neutral, PCR: 0.67↓, IVP: 15.8↑, IV: 19↓, VIX: 16↓ (25/31)↓
↑Upper Level : 41400, 41550, 41650, 41800, 42000.
↓Lower Level : 41150, 41000, 40870, 40700, 40500.
Market Opening(*Expected): Gapdown
Activity: Short Buildup/Short Covering
Conclusion: From above the nutshell, Showing Derivative data was positive where other components are neutral as compared to overall sentiments. Here Global market indicates negative sign whereas the Asian market shows neutral. Observed VIX is also neutral. It's probability of taking support at 40500. If breakdown, it falls toward 39600 lower level.
Have a Happy & Safe Trading!
(Data source@21:00 IST)***
___________________________________
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
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% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NIFTY analogy for 4th-10th Nov : Holds for a SupportNIFTY Pre-analysis::::::::::::
Overall Structure : Uptrend
Index Components : Positive Correlation
FGI Sentiments : Neutral; Indian 57↑ & Global 55↓
FII /DII Status : Neutral in Cash Market & Derivatives (With Combined OI)
Insider Data : Neutral, PCR: 0.99↓, IVP: 15↑, Low IV: 14↓, VIX: 15.94↓ (26/32)↓
↑Upper Level : 18120, 18180, 18250, 18320, 18380.
↓Lower Level : 17980, 17920, 17840, 17780, 17720.
Market Opening(*Expected): Flat
Activity: Short Buildup/Short Covering
Conclusion: From above the nutshell, Showing Derivative data was positive where other components are neutral as compared to overall sentiments. Here Global market indicates negative sign whereas the Asian market shows neutral. Observed VIX is also neutral. It's probability of taking support at 17850. If breakdown, it falls toward 17400 lower level.
Have a Happy & Safe Trading!
(Data source@21:00 IST)***
___________________________________
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
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% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NIFTY analogy for 3rd-10th Nov : Holds for a SupportNIFTY Pre-analysis::::::::::::
Overall Structure : Uptrend
Index Components : Positive Correlation
FGI Sentiments : Neutral; Indian 53↓ & Global 55↓
FII/DII Status : Neutral in Cash Market & Derivatives (With Combined OI)
Insider Data : Neutral, PCR: 1.10↓, IVP: 14.48↑, Low IV: 16↑, VIX: 16.66↑ (26/32)↑
↑Upper Level : 18180, 18250, 18300, 18350, 18400.
↓Lower Level : 18020, 17950, 17900, 17830, 17780.
Market Opening(*Expected): Flat/Gap down
Activity: Short Buildup/Short Covering
Conclusion: From above the nutshell, Showing Derivative data was positive where other components are neutral as compared to overall sentiments. Here Global market indicates negative sign whereas the Asian market shows neutral. Observed VIX is also neutral. There's probability of take support 18000-17800 key level.
Have a Happy & Safe Trading!
(Data source@21:00 IST)***
___________________________________
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
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% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NIFTY analogy for 1st-3rd Nov : Rallies towards new High by Dec.NIFTY Pre-analysis::::::::::::
Overall Structure : Uptrend
Index Components : Positive Correlation
FGI Sentiments : Greedy; Indian 50↓ & Global 60↓
FII /DII Status : Positive in Cash Market & Derivatives (With Combined OI)
Insider Data : Bullish, PCR: 1.23↑, IVP: 13.89↑, Low IV: 16↑, VIX: 15.80↓ (26/32)↑
↑Upper Level : 18050, 18100, 18150, 18200, 18250.
↓Lower Level : 17920, 17870, 17820, 17770, 17720.
Market Opening(*Expected): Flat/Partial Gap down
Activity: Long Buildup/Short Covering
Conclusion: From above the nutshell, Showing Derivative data was positive where other components are neutral as compared to overall sentiments. Here Global market indicates negative sign whereas the Asian market shows neutral. Observed VIX is neutral. That's sign of slow and positive momentum. There's probability of partial gap down to upward move towards 18200 or might down towards 17700 key level.
Have a Happy & Safe Trading!
(Data source@21:00 IST)***
___________________________________
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
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% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
BANKNIFTY analogy for Oct 31st-3rd Nov : Volatile movementBANKNIFTY Pre-analysis::::::::::::
Overall Structure : Uptrend
Index components : Positive Correlation
FGI Sentiments : Greedy; Indian 51↑ & Global 61↑
FII /DII Status : Positive in Cash Market & Derivatives (With Combined OI)
Insider Data : Neutral, PCR: 0.76↓, IVP: 0↓, IV: 19↓, VIX: 16↓ (25/31)↓
↑Upper Level : 41250, 41400, 41550, 41650, 41800.
↓Lower Level : 40850, 40700, 40500, 40350, 40200.
Market Opening(*Expected): Gapup
Activity: Short Buildup/Short Covering ; Buy on Deep/Sell on Rise
Conclusion: As on Request
Have a Happy & Safe Trading!
(Data source@21:00 IST)***
___________________________________
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
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% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NIFTY analogy for Oct 31st-3rd Nov : Positive & Volatile NIFTY Pre-analysis::::::::::::
Overall Structure : Uptrend
Index components : Positive Correlation
FGI Sentiments : Greedy; Indian 51↑ & Global 61↑
FII /DII Status : Positive in Cash Market & Derivatives (With Combined OI)
Insider Data : Neutral, PCR: 0.92↓, IVP: 10↓, Low IV: 13.8↓, VIX: 16↓ (25/31)↓
↑Upper Level : 17820, 17860, 17900, 17930, 17970.
↓Lower Level : 17730, 17670, 17630, 17580, 17530.
Market Opening(*Expected): Gapup
Activity: Short Buildup/Short Covering ; Buy on Deep/Sell on Rise
Conclusion: From above the nutshell, Showing Derivative data was positive where other components are neutral as compared to overall sentiments. Here Global market indicates Strong Bullish against Asian market. Observed VIX is dropping down. That's sign of slow and positive momentum. Hence, the Market might open above 17850 upper level and turn down to retest/take support at 17780 key level. In Other term, If market opens at 17800, then probability of turn up towards 18000-18200 key level by coming week.
Have a Happy & Safe Trading!
(Data source@21:00 IST)***
___________________________________
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
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% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
BANKNIFTY analogy for Oct 27th-3rd Nov: Slow & Neutral momentumBANKNIFTY Pre-analysis::::::::::::
Overall Structure : Uptrend
Index components : Positive Neutral Correlation
FGI Sentiments : Bullish ; Indian 45↑ & Global 58↑
FII /DII Status : Positive in Cash Market & Derivatives (With Combined OI)
Insider Data : Neutral, PCR: 0.98↓, IVP: 13↓, IV: 19↓, VIX: 17↓ (27/33)↓
↑Upper Level : 41800, 42000, 42200, 42400, 42600.
↓Lower Level : 41500, 41200, 41000, 40800, 40500.
Market Opening(*Expected): Huge Gapup
Activity: Short Buildup/Short Covering
Conclusion: Probability of gapup to range or downward movement.
Have a Happy & Safe Trading!
(Data source@11:00 IST)***
___________________________________
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
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% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NIFTY analogy for Oct 27th-3rd Nov : Slow & positive momentum NIFTY Pre-analysis::::::::::::
Overall Structure : Uptrend
Index components : Positive Neutral Correlation
FGI Sentiments : Bullish; Indian 45↑ & Global 58↑
FII /DII Status : Positive in Cash Market & Derivatives (With Combined OI)
Insider Data : Neutral, PCR: 1.04↓, IVP: 10↑, IV: 14↑ (Low), VIX: 17↓ (27/33)↓
↑Upper Level : 17780, 17820, 17870, 17920, 17970.
↓Lower Level : 17720, 17670, 17620, 17570, 17520.
Market Opening(*Expected): Huge Gapup
Activity: Short Buildup/Short Covering
Conclusion: From above the nutshell, Showing Derivative data was positive where other components are neutral as compared to overall sentiments. As per Global data indicates Strong Bullish against Asian data. Observed Bearish engulfing in Nifty. That's sign of slow and positive momentum.
Hence, the Market might open above 1.5% gapup near 17850 upper level and turn down to retest/take support at 17700 key level.
In Other term, If market breaks down below 17700, then probability of fall towards 17500-17300 level by coming week.
Have a Happy & Safe Trading!
(Data source@10:00 IST)***
___________________________________
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
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% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
BANKNIFTY analogy for 24th-27th Oct : Gapup VolatilityBANKNIFTY Pre-analysis::::::::::::
Overall Structure : Uptrend
Index components : Positive Neutral Correlation
FGI Sentiments : Neutral; Indian 43↑ & Global 45↑
FII /DII Status : Positive in Cash Market & Derivatives (With Combined OI)
Insider Data : Neutral, PCR: 1.17↑, IVP: 1↓, IV: 17.50↓, VIX: 17.28↓ (29/35)↓
↑Upper Level : 41600, 41800, 42000, 42200, 42400.
↓Lower Level : 41200, 41000, 40700, 40500, 40300.
Market Opening(*Expected): Gapup
Activity: Short Covering/Long Buildup
Conclusion: From above the nutshell, Observed that Derivative data was partial positive where other components are neutral along with overall sentiments. As per Global data indicates Strong Bullish against Asian data. Junk bonds carry a higher risk of default compared to other investment grade. That's demand as a signal for Greed position. Hence, the Market might open atleast 2% gapup at 41500 upper level and turn down to retest/take support from 41000 key level.
In Other term, Market might turn upward after consolidate between 41700-41300 level.
Have a Happy & Safe Trading!
(Data source@11:00 IST)***
___________________________________
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
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% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NIFTY analogy for 24th-27th Oct : Gapup Volatility NIFTY Pre-analysis::::::::::::
Overall Structure : Uptrend Volatile
Index components : Positive Neutral Correlation
FGI Sentiments : Neutral; Indian 43↑ & Global 45↑
FII /DII Status : Positive in Cash Market & Derivatives (With Combined OI)
Insider Data : Neutral, PCR: 0.88↓, IVP: 0↓, IV: 13↓, VIX: 17.28↓ (29/35)↓
↑Upper Level : 17800, 17850, 17900, 17930, 17960.
↓Lower Level : 17720, 17670, 17620, 17570, 17520.
Market Opening(*Expected): Gapup
Activity: Short Covering/Long Buildup
Conclusion: From above the nutshell, Observed that Derivative data was partial positive where other components are neutral along with overall sentiments. As per Global data indicates Strong Bullish against Asian data. Junk bonds carry a higher risk of default compared to other investment grade. That's demand as a signal for Greed position. H3nce, the Market might open from 1.5% gapup at 17800 upper level and turn down to retest/take support from 17670 key level.
In Other term, Market might turn upward after consolidate between 17850-17750 level.
Have a Happy & Safe Trading!
(Data source@10:00 IST)***
___________________________________
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
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% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
BANKNIFTY analogy for 20th-27th Oct : Pullback - Short sellingBANKNIFTY Pre-analysis::::::::::::
Overall Structure : Sideways
Index components : Neutral Correlation
FGI Sentiments : Risky; Indian 43↑ & Global 35↓
FII /DII Status : Positive in Cash Market & Derivatives (With Combined OI)
Insider Data : Neutral, PCR: 1.05↓, IVP: 12↓, IV: 20↓, VIX: 17.45↓ (31/36)↓
↑Up : 40500, 40650, 40800, 40900, 41100.
↓Down : 40000, 39800, 39600, 39400, 39200.
Market Opening(*Expected): Gapdown
Activity: Short Covering/Short Buildup
Conclusion: From the above nutshell, Derivative data shows positive(weak) where other components are negative. The Market has taken rejection from 40600 (Correction Channel Point-C). Here, the Call writers are unwinding and put writers are active. There's probability of fall down towards 39800-39500 level. In another scenario, If the market taken huge gapdown, it may turn up towards 40500.
Have a Happy & Safe Trading!
(Data source@22:00 IST)***
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
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
NIFTY analogy for 20th-27th Oct : Pullback - Short sellingNIFTY Pre-analysis::::::::::::
Overall Structure : Sideways
Index components : Neutral Correlation
FGI Sentiments : Risky; Indian 43↑ & Global 35↓
FII /DII Status : Positive in Cash Market & Derivatives (With Combined OI)
Insider Data : Neutral, PCR: 1.11↓, IVP: 18↓, IV: 15↓, VIX: 17.48↓ (31/36)↓
↑Upper Level : 17550, 17600, 17650, 17700, 17760.
↓Lower Level : 17400, 17340, 17280, 17220, 17170.
Market Opening(*Expected): Gapdown
Activity: Short Covering/Short Buildup
Conclusion: From the above nutshell, Derivative data shows positive where other components are negative. Market taken rejection from 17600 (Correction Channel Point-C). Here the Call writers are unwinding and put writers are active. There's probability of fall down towards 17350-17250. In another scenario, If the market taken huge gapdown, it may turn up towards 17450.
Have a Happy & Safe Trading!
(Data source@10:00 IST)***
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
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.
BANKNIFTY analogy for 19th-20th Oct : Negative VolatilityBANKNIFTY Pre-analysis::::::::::::
Overall Structure : Sideways
Index components : Neutral Correlation
FGI Sentiments : Low Risk; Indian 40↑ & Global 35↑
FII /DII Status : Positive in Cash Market & Derivatives (With Combined OI)
Insider Data : Neutral, PCR: 1.24↓, IVP: 40↓, IV: 21↓, VIX: 17.45↓ (31/36)↓
↑Up : 40400, 40600, 40800, 41000, 41200.
↓Down : 40000, 39800, 39600, 39400, 39200.
Market Opening(*Expected): Gapdown (upto 200pts)
Activity: Short Covering/Short Buildup
Conclusion: As on Request (at 9.15)
Have a Happy & Safe Trading!
(Data source@20:00 IST)***
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
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
NIFTY analogy for 19th-20th Oct : Negative VolatilityNIFTY Pre-analysis::::::::::::
Overall Structure : Sideways
Index components : Neutral Correlation
FGI Sentiments : Low Risk; Indian 40↑ & Global 35↑
FII /DII Status : Positive in Cash Market & Derivatives (With Combined OI)
Insider Data : Neutral, PCR: 1.13↑, IVP: 36↓, IV: 17↓, VIX: 17.45↓ (31/36)↓
↑Up : 17500, 17550, 17600, 17650, 17700.
↓Down : 17400, 17350, 17280, 17220, 17170.
Market Opening(*Expected): Gapdown (upto 100pts)
Activity: Short Covering/Short Buildup
Conclusion: As on Request (at 9.15)
Have a Happy & Safe Trading!
(Data source@20:00 IST)***
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
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.
BANKNIFTY analogy for 18th-20th Oct : Correction Towards 40500BANKNIFTY Pre-analysis::::::::::::
Overall Structure : Bullish Correction
Index components : Positive Correlation
FGI Sentiments : Turnup+ ; Indian 38↑ & Global 29↑
FII /DII Status : Positive in Cash Market & Derivatives (With Combined OI)
Insider Data : Bullish, PCR: 1.47↑, IVP: 48↑, IV: 24↑, VIX: 18.41↑ (31/37)↓
↑Up : 40300, 40500, 40700, 40900, 41200.
↓Down : 39800, 39600, 39200, 39000, 38800, 38500.
Market Opening(*Expected): Gapup
Activity: Short Covering/Short Buildup
Conclusion: Range Expected, Upper Rejection level @17600.
Have a Happy & Safe Trading!
(Data source@20:00 IST)***
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
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.
NIFTY analogy for 18th-20th Oct : Uptrend towards 17600NIFTY Pre-analysis::::::::::::
Overall Structure : Bullish Correction
Index components : Positive Correlation
FGI Sentiments : Neutral ; Indian 38↑ & Global 29↑
FII /DII Status : Positive in Cash Market & Derivatives (With Combined OI)
Insider Data : Neutral, PCR: 1.01↑, IVP: 58↑, IV: 19↑, VIX: 18.41↑ (31/37)↓
↑Up : 17500, 17550, 17600, 17650, 17700.
↓Down : 17400, 17350, 17280, 17220, 17170.
Market Opening(*Expected): Gapup
Activity: Short Covering/Short Buildup
Conclusion: Range Expected, Upper Rejection level @17600.
Have a Happy & Safe Trading!
(Data source@20:00 IST)***
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
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.