BANKNIFTY 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.