Overall Structure : Downtrend
Index components : Bearish Correlation
FGI Sentiments : Neutral - 69.04↓ Indian & 46↓ Global
Insider Data : Bearish, PCR: 0.60↓, IVP: 45↑, Low IV: 17.0↑, VIX: 19.03↑ (24/29)↑
↑Up : 17620, 17710, 17800. 17900, 18000.
↓Down : 17400, 17270, 17160, 17050, 16950.
Market Opening(*Expected): Gapdown
Conclusion/Activity : Short Buildup
~~~~~~~~~~~~~~~~~~~~~~~~~
***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.
(Data source@23:00 IST)***
Index components : Bearish Correlation
FGI Sentiments : Neutral - 69.04↓ Indian & 46↓ Global
Insider Data : Bearish, PCR: 0.60↓, IVP: 45↑, Low IV: 17.0↑, VIX: 19.03↑ (24/29)↑
↑Up : 17620, 17710, 17800. 17900, 18000.
↓Down : 17400, 17270, 17160, 17050, 16950.
Market Opening(*Expected): Gapdown
Conclusion/Activity : Short Buildup
~~~~~~~~~~~~~~~~~~~~~~~~~
***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.
(Data source@23:00 IST)***