Overall Structure : Uptrend
Index components : Bullish Neutral Correlation
FGI Sentiments : Low Risk - 73.69↓ Indian & 45↓ Global
Insider Data : Neutral, PCR: 1.03↓, IVP: 53↑, IV: 17.9↑, VIX: 18.45↑ (21/28)↓
↑Up : 17450, 17550, 17670. 17800, 17930.
↓Down : 17240, 17150, 17050, 16930, 16830.
Market Opening(*Expected): Gapup
Activity : Short Buildup/Short Covering (rebalancing),
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
Conclusion: Nifty may move up towards 17500-17700 by the coming week after a retest. (Connect for more tips)
~~~~~~~~~~~~~~~~~~~~~~~~~
***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 source21:00 IST)***
Index components : Bullish Neutral Correlation
FGI Sentiments : Low Risk - 73.69↓ Indian & 45↓ Global
Insider Data : Neutral, PCR: 1.03↓, IVP: 53↑, IV: 17.9↑, VIX: 18.45↑ (21/28)↓
↑Up : 17450, 17550, 17670. 17800, 17930.
↓Down : 17240, 17150, 17050, 16930, 16830.
Market Opening(*Expected): Gapup
Activity : Short Buildup/Short Covering (rebalancing),
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
Conclusion: Nifty may move up towards 17500-17700 by the coming week after a retest. (Connect for more tips)
~~~~~~~~~~~~~~~~~~~~~~~~~
***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 source21:00 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.