BANKNIFTY Pre-analysis::::::::::::
Overall Structure : Bearish
Index components : Neutral Correlation
FGI Sentiments : Selling - 35↑ Indian & 15↓ Global
Insider Data : Bearish Neutral, PCR: 1.08↑, IVP: 34↑, IV: 22.6↑, VIX: 19.96↓ (31/36)↓
↑Up : 39050, 39250, 39450, 39670, 39880.
↓Down : 38400, 38230, 38030, 37850, 37630.
Market Opening(*Expected): Gap down/Flat
Conclusion: Available on Request
(Data source@11:00 IST)***
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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.
Overall Structure : Bearish
Index components : Neutral Correlation
FGI Sentiments : Selling - 35↑ Indian & 15↓ Global
Insider Data : Bearish Neutral, PCR: 1.08↑, IVP: 34↑, IV: 22.6↑, VIX: 19.96↓ (31/36)↓
↑Up : 39050, 39250, 39450, 39670, 39880.
↓Down : 38400, 38230, 38030, 37850, 37630.
Market Opening(*Expected): Gap down/Flat
Conclusion: Available on Request
(Data source@11:00 IST)***
~~~~~~~~~~~~~~~~~~~~~~~~~
***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.