Market Opening: Flat/Gapup;
Overall Structure: Downtrend;
Sentiments: Neutral;
Market Mood(FGI): Crucial (29% Indian, 10% Global);
Insider Data: Bearish , PCR: 0.71, IVP: 87, IV: 23 High;
Up : @15950, @16100, @16250, @16400 ;
Down: @15700, @15550, @15450, @15250 ;
Expected Activity: Short buildup
Verdict: Market is at a crucial level. If Gapup sustains above @16050, then go for long towards @16200-250. Whereas If Flat open then go for short after breakdown @17050 towards @15500.
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*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.
Overall Structure: Downtrend;
Sentiments: Neutral;
Market Mood(FGI): Crucial (29% Indian, 10% Global);
Insider Data: Bearish , PCR: 0.71, IVP: 87, IV: 23 High;
Up : @15950, @16100, @16250, @16400 ;
Down: @15700, @15550, @15450, @15250 ;
Expected Activity: Short buildup
Verdict: Market is at a crucial level. If Gapup sustains above @16050, then go for long towards @16200-250. Whereas If Flat open then go for short after breakdown @17050 towards @15500.
---
*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.
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Related publications
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.