NIfty range setup for 23rd June : Tricky Expiry Day :(
Market Opening : Gapup to downward/Flat (Expected*)
Overall Structure : Neutral/Sideways
FGI Sentiments : Negative - 32.03↑ Indian & 20↑ Global
Index components : Neutral correlation
Insider Data : Bearish, PCR: 0.65↓, IVP: 86↑, IV: 25.32↑ High, VIX: 21.30(30/35)↑
↑Up : 15550, 15700, 15850, 16000, 16150.
↓Down : 15300, 15150, 15050, 14950, 14850.
Activity : Short Buildup/Short Covering
Conclusion: Market should sustain above 15500 for a bullish move. Or may retest at 15300 for a small turn.
---
*Note: Identify the B/S zone, Follow the trend direction, and Trade after trend 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 purposes only & is subjected to market risk.
Overall Structure : Neutral/Sideways
FGI Sentiments : Negative - 32.03↑ Indian & 20↑ Global
Index components : Neutral correlation
Insider Data : Bearish, PCR: 0.65↓, IVP: 86↑, IV: 25.32↑ High, VIX: 21.30(30/35)↑
↑Up : 15550, 15700, 15850, 16000, 16150.
↓Down : 15300, 15150, 15050, 14950, 14850.
Activity : Short Buildup/Short Covering
Conclusion: Market should sustain above 15500 for a bullish move. Or may retest at 15300 for a small turn.
---
*Note: Identify the B/S zone, Follow the trend direction, and Trade after trend 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 purposes only & is subjected to market risk.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.