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.
Strategytesting
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.
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)***
~~~~~~~~~~~~~~~~~~~~~~~~~
***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 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)***
~~~~~~~~~~~~~~~~~~~~~~~~~
***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)***
~~~~~~~~~~~~~~~~~~~~~~~~~
***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)***
~~~~~~~~~~~~~~~~~~~~~~~~~
***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)***
~~~~~~~~~~~~~~~~~~~~~~~~~
***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.
TRENDLINE STRATEGY!! TRADING WITH TRENDLINES IN 2022This tutorial video discusses how to use trendline as a trading strategy on any timeframe or market including FOREX, STOCKS or CRYPTO. DROP A LIKE AND SHARE WITH OTHER PEOPLE.
P.S NOT A FINANCIAL ADVISOR... JUST FOR EDUCATIONAL AND LEARNING PURPOSES ONLY...
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)***
~~~~~~~~~~~~~~~~~~~~~~~~~
***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)***
~~~~~~~~~~~~~~~~~~~~~~~~~
***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)***
~~~~~~~~~~~~~~~~~~~~~~~~~
***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)***
~~~~~~~~~~~~~~~~~~~~~~~~~
***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 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)***
~~~~~~~~~~~~~~~~~~~~~~~~~
***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)***
~~~~~~~~~~~~~~~~~~~~~~~~~
***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)***
~~~~~~~~~~~~~~~~~~~~~~~~~
***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.