ceogbs89

NIFTY analogy for 19th-20th Oct : Negative Volatility

Short
NSE:NIFTY   Nifty 50 Index
NIFTY Pre-analysis::::::::::::
Overall Structure : Sideways
Index components : Neutral Correlation
FGI Sentiments : Low Risk; Indian 40↑ & Global 35↑
FII /DII Status : Positive in Cash Market & Derivatives (With Combined OI)
Insider Data : Neutral, PCR: 1.13↑, IVP: 36↓, IV: 17↓, VIX: 17.45↓ (31/36)↓
↑Up : 17500, 17550, 17600, 17650, 17700.
↓Down : 17400, 17350, 17280, 17220, 17170.
Market Opening(*Expected): Gapdown (upto 100pts)
Activity: Short Covering/Short Buildup
Conclusion: As on Request (at 9.15)
Have a Happy & Safe Trading!
(Data source@20:00 IST)***
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***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.

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