Overall Structure : Uptrend (Overbought)
Index components : Bullish Neutral Correlation
FGI Sentiments : Greedy - 80.21↓ Indian & 55↓ Global
Insider Data : Neutral, PCR: 1.09↓, IVP: 1↓, Low IV: 14.9↑, VIX: 17.35↓ (19/25)↓
↑Up : 40000, 40300, 40600, 40900.
↓Down : 39200, 38900, 38500, 38100.
Market Opening(*Expected): Gapdown
Activity : Short Buildup/Short Covering (rebalancing),
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
Conclusion: Market is Overbought, May turn down at any higher level
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
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 source23:00 IST)**
Index components : Bullish Neutral Correlation
FGI Sentiments : Greedy - 80.21↓ Indian & 55↓ Global
Insider Data : Neutral, PCR: 1.09↓, IVP: 1↓, Low IV: 14.9↑, VIX: 17.35↓ (19/25)↓
↑Up : 40000, 40300, 40600, 40900.
↓Down : 39200, 38900, 38500, 38100.
Market Opening(*Expected): Gapdown
Activity : Short Buildup/Short Covering (rebalancing),
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
Conclusion: Market is Overbought, May turn down at any higher level
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
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 source23:00 IST)**
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.