NIFTY analogy for 7th/13th Oct : Turning towards Bearish Impulse
NIFTY Pre-analysis::::::::::::
Overall Structure : Sideway
Index components : Neutral Correlation
FGI Sentiments : Neutral- 37↑ Indian & 32↑ Global
Insider Data : Neutral, PCR: 0.82↓, IVP: 31↑, IV: 16↓, VIX: 19.31↓ (20/35)↑
↑Up : 17360, 17430, 17480, 17530, 17580, 17650.
↓Down : 17290, 17250, 17190, 17120, 17070.
Market Opening(*Expected): Flat
Activity: Short Buildup
Conclusion: At Corrective point-C, Market tried to fall down. Probability of Bearish Impulsive move tomorrow. If Trend fails to break the level, Keep focus on Strangle for Range trading.
(Data source21:00 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 : Sideway
Index components : Neutral Correlation
FGI Sentiments : Neutral- 37↑ Indian & 32↑ Global
Insider Data : Neutral, PCR: 0.82↓, IVP: 31↑, IV: 16↓, VIX: 19.31↓ (20/35)↑
↑Up : 17360, 17430, 17480, 17530, 17580, 17650.
↓Down : 17290, 17250, 17190, 17120, 17070.
Market Opening(*Expected): Flat
Activity: Short Buildup
Conclusion: At Corrective point-C, Market tried to fall down. Probability of Bearish Impulsive move tomorrow. If Trend fails to break the level, Keep focus on Strangle for Range trading.
(Data source21:00 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.