NIFTY 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.