ceogbs89

Range setup for 6th April, Things to know before Opening Bell

Short
NSE:NIFTY   Nifty 50 Index
Market Opening: Flat Negative/Partial Gap down;
Overall Structure: Uprange; Market may take a breath
Sentiments: Neutral (47%);
Market Mood(FGI): 81% Extreme Greed, likely to be turned down;
PCR: 0.92 Neutral, IVP:46%; (indecisive)
Target: 18150, 18250, 18450, 18600;
Stoploss: 17800, 17700, 17600, 17450;
Decision: Sell Below 17850 OR Buy Above 18150 at openings.
Observed Tripple Top, whereas Holding for a Breakdown at 17900.
Probability of pullback to retest at 17600-500.
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*P.S: Identify the B/S zone, Follow the trend direction, 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.

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