ceogbs89

Range setup for 5th April, Things to know before Opening Bell

NSE:NIFTY   Nifty 50 Index
Market Opening: Flat Positive/Partial Gap down;
Overall Structure: Uptrend;
Sentiments: Neutral (47%);
Market Mood(FGI): 87% Extreme Greed, likely to be turned down;
PCR: 1.27 Bullish , IVP:46%;
Target: 18150, 18250, 18450, 18600;
Stoploss: 17900, 17800, 17600, 17450;
Entry Decision: Buy Above 18150 or Sell Below 17900 (Suggesting to go trend side).
Market maybe turn down after spending time(range) at upper level, OR Probability of pullback directly to retest at 17600.
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*P.S: Identify the zone, Follow the trend direction, 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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