Nifty Range Setup -16th Jun : Wait for range break
Market Opening : Gapup expected
Overall Structure : Sideways (Oversold)
FGI Sentiments : Neutral - 17.48↓ Indian & 18↓ Global
Index components : good correlation
Insider Data : Neutral, PCR: 0.59↑ , IVP: 97↑, IV: 35.7↑ High
↑Up : 15900, 16000, 16100, 16200, 16350
↓Down : 15650, 15550, 15450, 15250, 15050
Activity : Short Covering. Probability of short correction. Buy on deep down if opens gapup, or may opens flat/gapdown then go for trend side.
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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 : Sideways (Oversold)
FGI Sentiments : Neutral - 17.48↓ Indian & 18↓ Global
Index components : good correlation
Insider Data : Neutral, PCR: 0.59↑ , IVP: 97↑, IV: 35.7↑ High
↑Up : 15900, 16000, 16100, 16200, 16350
↓Down : 15650, 15550, 15450, 15250, 15050
Activity : Short Covering. Probability of short correction. Buy on deep down if opens gapup, or may opens flat/gapdown then go for trend side.
---
*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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