BANKNIFTY analogy for Sep 5th/8th Sep : No Trade until sig break
BANKNIFTY Pre-analysis::::::::::::
Overall Structure : Bearish Neutral
Index components : Neutral Correlation
FGI Sentiments : Neutral - 60.16↑ Indian & 41↓ Global
Insider Data : Bearish Neutral, PCR: 0.91↑, IVP: 23↓, IV: 20.5↑, VIX: 19.55↓ (25/32)↓
↑Up : 39580, 29750, 39900, 40150, 40300
↓Down : 39180, 39000, 38850, 38700, 38500
Market Opening(*Expected): Partial Gap down/Flat
Conclusion: Probability of breakdown after consolidation. Sell Below 39150. If breakdown fails, buy above 39700.
(Data source11:00 IST)***
~~~~~~~~~~~~~~~~~~~~~~~~~
***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.
Overall Structure : Bearish Neutral
Index components : Neutral Correlation
FGI Sentiments : Neutral - 60.16↑ Indian & 41↓ Global
Insider Data : Bearish Neutral, PCR: 0.91↑, IVP: 23↓, IV: 20.5↑, VIX: 19.55↓ (25/32)↓
↑Up : 39580, 29750, 39900, 40150, 40300
↓Down : 39180, 39000, 38850, 38700, 38500
Market Opening(*Expected): Partial Gap down/Flat
Conclusion: Probability of breakdown after consolidation. Sell Below 39150. If breakdown fails, buy above 39700.
(Data source11:00 IST)***
~~~~~~~~~~~~~~~~~~~~~~~~~
***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.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.