Nifty: Range Setup for 07th June

Market Opening: Flat;
Overall Structure: Sideways;
FGI Sentiments: Negative - 41% Indian↓ & 31% Global↑;
Insider Data: Neutral, PCR: 0.75↑, IVP: 77↑, IV: 21.2↑ High;
↑Up : 16700, 16800, 16900, 17000 ;
↓Down: 16450, 16350, 16250, 16150 ;
Compare to other Index: Relational;
Activity: Short buildup/Short covering ↨
Verdict: Go with trend side after spending range between(16550-700↑) or (16550-450↓)
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*P.S: Identify the B/S zone, Follow the trend direction, and 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.
Sym Indication: Moving up(↑), Moving down(↓), Up n Down from Base(↨), Neutral(↛), Gapup(↱), Gapdown(↳), Reversal(↬).