Range setup for 21 April, Things to know before Opening Bell

Market Opening: Flat ;
Overall Structure: Downtrend;
Sentiments: Neutral (48%);
Market Mood(FGI): 64% Greed, keeping patience is suggested before looking for fresh opportunities.
PCR: 0.59 Bearish, IVP:46%;
Target: 17250, 17300, 17450, 17600, 17750;
Stoploss: 16850, 16650, 16500, 16350;
Decision: Observed Bullish Harami. Wait for a Breakout at 17250-17300.
OR If Breakout Failure, the Market may fall down to 16600-16500 level.
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*P.S: Identify the B/S zone, Follow the trend direction, 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.