ceogbs89

Nifty 20th May Range Setup

NSE:NIFTY   Nifty 50 Index
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.

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