Overall Structure : Uptrend (Trend weak)
Index components : Neutral Correlation
FGI Sentiments : Greedy - 80.51↑ Indian & 57↑ Global
Insider Data : Neutral, PCR: 1.39↓, IVP: 15↑, Low IV: 13.9↓, VIX: 17.68↓ (19/25)↓
↑Up : 17850, 17930, 18000. 18050, 18100.
↓Down : 17770, 17700, 17650, 17600, 17550.
Market Opening(*Expected): Flat.
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 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 : Neutral Correlation
FGI Sentiments : Greedy - 80.51↑ Indian & 57↑ Global
Insider Data : Neutral, PCR: 1.39↓, IVP: 15↑, Low IV: 13.9↓, VIX: 17.68↓ (19/25)↓
↑Up : 17850, 17930, 18000. 18050, 18100.
↓Down : 17770, 17700, 17650, 17600, 17550.
Market Opening(*Expected): Flat.
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 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)***
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.