BANKNIFTY 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.