ceogbs89

NIFTY range setup for 24th June : It's volatile move

NSE:NIFTY   Nifty 50 Index
Market Opening : Flat (Expected*)
Overall Structure : Neutral/Sideways
FGI Sentiments : Negative - 27.70↑ Indian & 22↑ Global
Index components : Neutral correlation
Insider Data : Neutral, PCR: 0.99↓, IVP: 70↓, IV: 19.8↓ High, VIX: 20.88(29/35)↓
↑Up : 15700, 15800, 15900, 16000, 16050, 16150
↓Down : 15450, 15380, 15250, 15160, 15070, 14980
Activity : Short Buildup/Short Covering
Conclusion: Predictable after tomorrow's market close.
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*Note: Identify the B/S zone, Follow the trend direction, and Trade after trend 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.

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