Nifty range setup for 21st June : Wait for range break
Market Opening : Gapup to downward (Expected*)
Overall Structure : Sideway range (Oversold)
FGI Sentiments : Neutral - 17.69↓ Indian & 15↑ Global
Index components : Bearish correlation/Negative continuation
Insider Data : Bearish , PCR: 0.67↑ , IVP: 84↑, IV: 23.9↑ High, VIX: 22.41(31/36)↓
↑Up : 15520, 15670, 15790, 15910, 16060.
↓Down : 15180, 15020, 14900, 14760, 14630.
Activity: Should break the range (Upper/down range)
Conclusion: Same as last day suggested
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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.
Overall Structure : Sideway range (Oversold)
FGI Sentiments : Neutral - 17.69↓ Indian & 15↑ Global
Index components : Bearish correlation/Negative continuation
Insider Data : Bearish , PCR: 0.67↑ , IVP: 84↑, IV: 23.9↑ High, VIX: 22.41(31/36)↓
↑Up : 15520, 15670, 15790, 15910, 16060.
↓Down : 15180, 15020, 14900, 14760, 14630.
Activity: Should break the range (Upper/down range)
Conclusion: Same as last day suggested
---
*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.
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