BANKNIFTY range setup for Aug 25th/1st Sep : Avoid Gapup Neutral

Overall Structure : Neutral
Index components : Neutral Correlation
FGI Sentiments : Greedy - 71.98↑ Indian & 47↑ Global
Insider Data : Neutral, PCR: 0.76↑, IVP: 8↓, Low IV: 17.6↑, VIX: 18.43↓ (23/29)↓
↑Up : 39400, 39800, 40200, 40500
↓Down : 38650, 38300, 37900, 37500
Market Opening(*Expected): Huge Gapup
Conclusion/Activity : Gapup to Range/Downward
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***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
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)***