BANKNIFTY analogy for 17th-20th Oct : Breakout after ConsolidateBANKNIFTY Pre-analysis::::::::::::
Overall Structure : Sideway
Index components : Neutral Correlation
FGI Sentiments : Neutral ; Indian 28↑ & Global 21↓
FII /DII Status : Positive in Cash Market & Derivatives (With Combined OI)
Insider Data : Negative, PCR: 0.76↑, IVP: 22↓, IV: 20↓, VIX: 20.30↑ (32/38)↓
↑Up : 39500, 39700, 39900, 40100, 40300.
↓Down : 39000, 38800, 38500, 38300, 38000.
Market Opening(*Expected): Gapdown/Flat
Activity: Short Covering/Short Buildup
Conclusion: As on Request.
Have a Happy & Safe Trading!
(Data source@20:00 IST)***
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***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.
Reversalpoint
NIFTY analogy for 16th-20th Oct : Volatile Move ContinuationNIFTY Pre-analysis::::::::::::
Overall Structure : Sideway
Index components : Neutral Correlation
FGI Sentiments : Neutral ; Indian 28↑ & Global 21↓
FII /DII Status : Positive in Cash Market & Derivatives (With Combined OI)
Insider Data : Neutral, PCR: 0.67↓, IVP: 27↓, IV: 16↓, VIX: 18.25↓ (32/37)↓
↑Up : 17100, 17150, 17200, 17250, 17300.
↓Down : 17000, 16950, 16900, 16850, 16750.
Market Opening(*Expected): Gapdown
Activity: Short Covering/Short Buildup
Conclusion: From above the nutshell, Observed that Derivative data is partial positive where other components are neutral along with overall sentiments. As per Global data indicates negative against Asian data, The Market may open from 1% lower. And the market may move with symmetrical triangle structure in a volatile range. It is more likely to move upside after consolidation.
Have a Happy & Safe Trading!
(Data source@20:00 IST)***
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***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 14th-20th Oct : No Trading on Huge GapupBANKNIFTY Pre-analysis::::::::::::
Overall Structure : Sideway
Index components : Neutral Correlation
FGI Sentiments : Neutral ; Indian 21↑ & Global 24↑
FII/DII Status : Negative in Cash Market & Derivatives (With Combined OI)
Insider Data : Negative, PCR: 0.63↓, IVP: 54↑, IV: 25↑, VIX: 20.30↑ (32/38)↓
↑Up : 39500, 39700, 39900, 40100, 40300.
↓Down : 39000, 38800, 38500, 38300, 38000.
Market Opening(*Expected): Huge Gapup (at least/at most 1.5% means 700pts)
Activity: No trading after huge gap
Conclusion: From above the nutshell, Observed that Derivative data is negative where other components are neutral. The Market is spending time in its Demand zone. Probability of break the zone with a huge gapup and a pullback.
Have a Happy & Safe Trading!
(Data source@22:00 IST)***
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***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 14th-20th Oct : No Trading on Huge GapupNIFTY Pre-analysis::::::::::::
Overall Structure : Sideway
Index components : Neutral Correlation
FGI Sentiments : Neutral ; Indian 21↑ & Global 24↑
FII/DII Status : Negative in Cash Market & Derivatives (With Combined OI)
Insider Data : Neutral, PCR: 0.81↓, IVP: 62↑, IV: 20↑, VIX: 20.30↑ (32/38)↓
↑Up : 17200, 17260, 17340, 17400, 17470.
↓Down : 17100, 17030, 16950, 16890, 16820.
Market Opening(*Expected): Huge Gapup (at least/at most 1.5% means 200pts)
Activity: No trading after huge gap
Conclusion: From above the nutshell, Observed that Derivative data is negative where other components are neutral.
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 risk.
BANKNIFTY analogy for 13th-20th Oct : Volatile/BreakoutBANKNIFTY Pre-analysis::::::::::::
Overall Structure : Sideway
Index components : Neutral Correlation
FGI Sentiments : Negative- 19↓ Indian & 20↓ Global
Insider Data : Neutral, PCR: 0.87↑, IVP: 54↑, IV: 24↑, VIX: 20.17↑ (34/39)↑
↑Up : 39350, 39550, 39750, 39950, 40200.
↓Down : 38850, 38650, 38380, 38150, 37950.
Market Opening(*Expected): Flat
Activity: Short Buildup/Short Covering
Conclusion: From above the nutshell, Derivative data shows negative where other components are neutral. Suggesting to no trade until break triangle pattern (symmetrical). Noticed the rejection point at 39700 at 2nd upper resistance. It's indecisive to advice the trend direction until breakout but probability of upside breakout with a pullback. Trade wisely on volatile market and pick the directional trade.
Have a Happy & Safe Trading!
(Data source@22:00 IST)***
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***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 13th-20th Oct : Volatile/BreakoutNIFTY Pre-analysis::::::::::::
Overall Structure : Sideway
Index components : Neutral Correlation
FGI Sentiments : Negative- 19↓ Indian & 20↓ Global
Insider Data : Neutral, PCR: 0.93↑, IVP: 60↑, IV: 19↑, VIX: 20.17↑ (34/39)↑
↑Up : 17200, 17255, 17330, 17380, 17430.
↓Down : 17050, 16980, 16930, 16870, 16820.
Market Opening(*Expected): Partial Gapdown/Flat
Activity: Short Buildup/Short Covering for Volatile range
Conclusion: From above the nutshell, Derivative data shows negative where other components are neutral. Suggesting to no trade until break triangle pattern(symmetrical). Noticed the rejection point at 17300 at 3rd upper resistance. It's indecisive to advice the trend direction until breakout but probability of upside breakout with a pullback. Trade wisely on volatile market and pick the directional trade.
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 risk.
BANKNIFTY analogy for 12th/13th Oct : Bearish ImpulseBANKNIFTY Pre-analysis::::::::::::
Overall Structure : Downtrend
Index components : Bearish Correlation
FGI Sentiments : Negative- 24↓ Indian & 20↓ Global
Insider Data : Bearish, PCR: 0.69↓, IVP: 75↑, IV: 28↑, VIX: 20.50↑ (33/38)↑
↑Up : 39250, 39400, 39580, 39720, 39900.
↓Down : 38840, 38700, 38500, 38350, 38200.
Market Opening(*Expected): Partial Gapup
Activity: Short Buildup/Short Covering
Remarks: Probability of Gapup to sideway consolidation then breakdown
(Data source@22:00 IST)***
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***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 12th/13th Oct : Bearish ImpulseNIFTY Pre-analysis::::::::::::
Overall Structure : Downtrend
Index components : Bearish Correlation
FGI Sentiments : Negative- 24↓ Indian & 20↓ Global
Insider Data : Bearish, PCR: 0.53↓, IVP: 76↑, IV: 22↑, VIX: 20.50↑ (33/38)↑
↑Up : 17140, 1720, 17255, 17300, 17360.
↓Down : 17030, 16970, 16910, 16870, 16820.
Market Opening(*Expected): Partial Gapup
Activity: Short Buildup/Short Covering
Remarks: Probability of Gapup to sideway consolidation then breakdown
(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 risk.
GBPUSD NEXT BIG TURNAROUNDHi there,
I hope you will find what I do extremely intriguing:
In the global markets (on any chosen or given market such as Forex), I am extremely accurate at
predicting the exact dates and times a Major continuous directional movement will begin, and
also when that movement will end.
It has taken me around 4 years of non-stop, daily study and in-depth research into the markets to
achieve this skill.
Here is the next biggest move on cable.
gbpusd - Begin trade - wednesday 19th october - 05.00 - end trade tuesday 00.00 - monday 24th
october
BANKNIFTY analogy for 10th-13th Oct : Bearish NeutralBANKNIFTY Pre-analysis::::::::::::
Overall Structure : Neutral
Index components : Neutral Correlation
FGI Sentiments : Neutral- 40↑ Indian & 22↓ Global
Insider Data : Bearish Neutral, PCR: 0.85↓, IVP: 50↑, IV: 22↑, VIX: 18.81↓ (31/36)↑
↑Up : 38400, 38600, 38800, 39100, 39400.
↓Down : 38100, 37900, 37700, 37500, 37300.
Market Opening(*Expected): Huge Gapdown
Activity: Short Buildup/Short Covering
Conclusion: Probability of Gapdown to upward move or it could be a volatile day.
(Data source@21:00 IST)***
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***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 10th/13th Oct : Bearish NeutralNIFTY Pre-analysis::::::::::::
Overall Structure : Neutral
Index components : Neutral Correlation
FGI Sentiments : Neutral- 40↑ Indian & 22↓ Global
Insider Data : Bearish Neutral, PCR: 0.79↓, IVP: 54↑, IV: 18↑, VIX: 18.81↓ (31/36)↑
↑Up : 17100, 17150, 17200, 17250, 17300.
↓Down : 17000, 16950, 16900, 16890, 16800.
Market Opening(*Expected): Huge Gapdown
Activity: Short Buildup/Short Covering
Conclusion: Probability of Gapdown to upward move or it could be a volatile day.
(Data source@21:00 IST)***
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***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 7th/13th Oct : Bearish Impulsive continueBANKNIFTY Pre-analysis::::::::::::
Overall Structure : Sideway
Index components : Neutral Correlation
FGI Sentiments : Neutral- 37↑ Indian & 32↑ Global
Insider Data : Neutral, PCR: 0.86↓, IVP: 33↑, IV: 22↓, VIX: 19.31↓ (20/35)↑
↑Up : 39450, 39630, 39770, 39900, 40100.
↓Down : 39120, 38970, 38800, 38700, 38500.
Market Opening(*Expected): Flat to Downward
Activity: Short Buildup
Conclusion: N/A
(Data source@21:00 IST)***
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***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 7th/13th Oct : Turning towards Bearish ImpulseNIFTY Pre-analysis::::::::::::
Overall Structure : Sideway
Index components : Neutral Correlation
FGI Sentiments : Neutral- 37↑ Indian & 32↑ Global
Insider Data : Neutral, PCR: 0.82↓, IVP: 31↑, IV: 16↓, VIX: 19.31↓ (20/35)↑
↑Up : 17360, 17430, 17480, 17530, 17580, 17650.
↓Down : 17290, 17250, 17190, 17120, 17070.
Market Opening(*Expected): Flat
Activity: Short Buildup
Conclusion: At Corrective point-C, Market tried to fall down. Probability of Bearish Impulsive move tomorrow. If Trend fails to break the level, Keep focus on Strangle for Range trading.
(Data source@21:00 IST)***
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***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 6th/13th Oct : Corrective MoveNIFTY Pre-analysis::::::::::::
Overall Structure : Corrective move
Index components : Neutral Correlation
FGI Sentiments : Negative - 30↑ Indian & 32↑ Global
Insider Data : Neutral, PCR: 1.02↑, IVP: 15↓, IV: 18↓, VIX: 19.57↓ (29/34)↓
↑Up : 17320, 17350, 17400, 17450, 17500.
↓Down : 17200, 17160, 17120, 17070, 17030.
Market Opening(*Expected): Flat/Partial Gapup
Activity: Short Covering/Short Buildup
Conclusion: Probability of take 1st rejection at 17400 upward level.
(Data source@11:00 IST)***
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***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.
Nasdaq reclaiming the June lows — squeeze on watchWe spoke a lot about this chart in last week's SMW video and our preferred scenario for today would have been a market puke and a VIX spike, but as we often say, the market doesn't care what we want.
We talked about the June lows as a key line in the sand going forward and the market is trying to make us believe that it wants to be above it. The action today was constructive, but now we need follow through and we need to punch through this cluster of highs/lows around 275 to really kick off the squeeze.
This remains a very tricky environment that can change on a dime, but as it stands right now, shorts need to be careful of an impending squeeze so long as we are over the June lows.
BANKNIFTY analogy for Oct 4th/6th : Another Volatility RangeBANKNIFTY Pre-analysis::::::::::::
Overall Structure : Bearish
Index components : Neutral Correlation
FGI Sentiments : Selling - 28↓ Indian & 24↑ Global
Insider Data : Bearish Neutral, PCR: 0.74↓, IVP: 74↑, IV: 28.2↑, VIX: 21.36↑ (30/35)↓
↑Up : 39050, 39250, 39450, 39670, 39880.
↓Down : 38400, 38230, 38030, 37850, 37630.
Market Opening(*Expected): Huge Gap up (300-600pts)
Activity: Short Covering
Conclusion: Probability of create volatility range between 39100-37800 this week.
(Data source@11:00 IST)***
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***Note: Identify the B/S zone, Follow the trend direction, ORB 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 Oct 4th/6th : Another Volatility Range NIFTY Pre-analysis::::::::::::
Overall Structure : Bearish
Index components : Neutral Correlation
FGI Sentiments : Selling - 28↓ Indian & 24↑ Global
Insider Data : Bearish Neutral, PCR: 0.68↓, IVP: 70↑, IV: 21.5↑, VIX: 21.36↑ (30/35)↓
↑Up : 17170, 17230, 17300, 17360, 17400.
↓Down : 17000, 16930, 16870, 16820, 16760.
Market Opening(*Expected): Huge Gap up (150-200pts)
Activity: Short Covering
Conclusion: Probability of create volatility range between 17200-16800 this week.
(Data source@11:00 IST)***
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***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 Oct 3rd/6th : Volatile DayBANKNIFTY Pre-analysis::::::::::::
Overall Structure : Bearish
Index components : Neutral Correlation
FGI Sentiments : Selling - 35↑ Indian & 15↓ Global
Insider Data : Bearish Neutral, PCR: 1.08↑, IVP: 34↑, IV: 22.6↑, VIX: 19.96↓ (31/36)↓
↑Up : 39050, 39250, 39450, 39670, 39880.
↓Down : 38400, 38230, 38030, 37850, 37630.
Market Opening(*Expected): Gap down/Flat
Conclusion: Available on Request
(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 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
NIFTY analogy for Oct 3rd/6th : Volatile DayNIFTY Pre-analysis::::::::::::
Overall Structure : Bearish
Index components : Neutral Correlation
FGI Sentiments : Selling - 35↑ Indian & 15↓ Global
Insider Data : Bearish Neutral, PCR: 1.16↑, IVP: 40↑, IV: 17.2↑, VIX: 19.96↓ (31/36)↓
↑Up : 17170, 17230, 17300, 17360, 17400.
↓Down : 17000, 16930, 16870, 16820, 16760.
Market Opening(*Expected): Gap down/Flat
Conclusion: Available on Request
(Data source@11:00 IST)***
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***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.
Baxter International shares look extremely cheapTarget horizon - 2 months.
Target - 84 USD.
Profit/risk ratio - 3.43
The price is approaching the upper boundary of the downtrend, and if it breaks it is likely to go to the support line around 85 USD.
Baxter International is an American medical device manufacturer specializing in high-tech dialysis machines and other medical devices and supplies. Thousands of patients prolong their lives thanks to Baxter equipment, which is used in more than 100 countries. After a major downturn, the company's stock looks extremely cheap, and from an operational standpoint, there's no reason to worry about Baxter's business.
BANKNIFTY analogy for Sep 5th/8th Sep : No Trade until sig breakBANKNIFTY Pre-analysis::::::::::::
Overall Structure : Bearish Neutral
Index components : Neutral Correlation
FGI Sentiments : Neutral - 60.16↑ Indian & 41↓ Global
Insider Data : Bearish Neutral, PCR: 0.91↑, IVP: 23↓, IV: 20.5↑, VIX: 19.55↓ (25/32)↓
↑Up : 39580, 29750, 39900, 40150, 40300
↓Down : 39180, 39000, 38850, 38700, 38500
Market Opening(*Expected): Partial Gap down/Flat
Conclusion: Probability of breakdown after consolidation. Sell Below 39150. If breakdown fails, buy above 39700.
(Data source@11:00 IST)***
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***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 Sep 5th/8th Sep : No Trade until Signal BreaksNIFTY Pre-analysis::::::::::::
Overall Structure : Bearish Neutral
Index components : Neutral Correlation
FGI Sentiments : Neutral - 60.16↑ Indian & 41↓ Global
Insider Data : Bearish Neutral, PCR: 0.81↓, IVP: 54↓, IV: 17.9↓, VIX: 19.55↓ (25/32)↓
↑Up : 17630, 17690, 17770. 17840, 17950.
↓Down : 17470, 17410, 17330, 17240, 17160.
Market Opening(*Expected): Partial Gap down/Flat
Conclusion: Probability of breakdown after consolidation. Sell Below 17470.
(Data source@11:00 IST)***
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***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 range setup for Sep 1st/8th Sep :Avoid Sideway Go DownOverall Structure : Bearish /Downtrend
Index components : Neutral Correlation
FGI Sentiments : Neutral - 57.27↓ Indian & 48↓ Global
Insider Data : Neutral, PCR: 0.78↑, IVP: 16↑, Low IV: 19.4↑, VIX: 18.70↓ (25/32)↓
↑Up : 39200, 39400, 39600, 39800, 40000
↓Down : 39000, 38800, 38600, 38400, 38200
Market Opening(*Expected): Gapdown
Conclusion/Activity : Down after consolidation (Avoid low momentum sideway)
~~~~~~~~~~~~~~~~~~~~~~~~~
***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.
(Data source@11:00 IST)***