ceogbs89

Nifty range setup for 30th Jun | Negative Consolidation continue

Short
NSE:NIFTY   Nifty 50 Index
Market Opening : Gapdown (Expected*)
Overall Structure : Neutral
FGI Sentiments : Neutral - 45.44↑ Indian & 25↓ Global
Index components : Neutral correlation/Negative Divergence
Insider Data : Neutral, PCR: 1.01↑, IVP: 85↑, IV: 24.7↑ High, VIX: 21.90(28/35)↑
↑Up : 15900, 15980, 16050, 16130, 16200.
↓Down : 15710, 15630, 15570, 15510, 15450.
Activity : Short Buildup/Short Covering
Conclusion: N/A
---
*Note: Identify the B/S zone, Follow the trend direction with a confirmation.
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 purposes only & is subjected to market risk.
(Data source@20:30 IST)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.