ceogbs89

Nifty range setup for 21st June : Wait for range break

NSE:NIFTY   Nifty 50 Index
Market Opening : Gapup to downward (Expected*)
Overall Structure : Sideway range (Oversold)
FGI Sentiments : Neutral - 17.69↓ Indian & 15↑ Global
Index components : Bearish correlation/Negative continuation
Insider Data : Bearish , PCR: 0.67↑ , IVP: 84↑, IV: 23.9↑ High, VIX: 22.41(31/36)↓
↑Up : 15520, 15670, 15790, 15910, 16060.
↓Down : 15180, 15020, 14900, 14760, 14630.
Activity: Should break the range (Upper/down range)
Conclusion: Same as last day suggested
---
*P.S: Identify the B/S zone, Follow the trend direction, and Trade after trend confirmation.
We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge purposes only & is subjected to market risk.

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.