NIFTY Pre-analysis::::::::::::
Overall Structure : Sideway
Index components : Neutral Correlation
FGI Sentiments : Neutral ; Indian 21↑ & Global 24↑
FII/DII Status : Negative in Cash Market & Derivatives (With Combined OI)
Insider Data : Neutral, PCR: 0.81↓, IVP: 62↑, IV: 20↑, VIX: 20.30↑ (32/38)↓
↑Up : 17200, 17260, 17340, 17400, 17470.
↓Down : 17100, 17030, 16950, 16890, 16820.
Market Opening(*Expected): Huge Gapup (at least/at most 1.5% means 200pts)
Activity: No trading after huge gap
Conclusion: From above the nutshell, Observed that Derivative data is negative where other components are neutral.
Have a Happy & Safe Trading!
(Data source@22:00 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.
Overall Structure : Sideway
Index components : Neutral Correlation
FGI Sentiments : Neutral ; Indian 21↑ & Global 24↑
FII/DII Status : Negative in Cash Market & Derivatives (With Combined OI)
Insider Data : Neutral, PCR: 0.81↓, IVP: 62↑, IV: 20↑, VIX: 20.30↑ (32/38)↓
↑Up : 17200, 17260, 17340, 17400, 17470.
↓Down : 17100, 17030, 16950, 16890, 16820.
Market Opening(*Expected): Huge Gapup (at least/at most 1.5% means 200pts)
Activity: No trading after huge gap
Conclusion: From above the nutshell, Observed that Derivative data is negative where other components are neutral.
Have a Happy & Safe Trading!
(Data source@22:00 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.