NIFTY analogy for Oct 4th/6th : Another Volatility Range
NIFTY Pre-analysis::::::::::::
Overall Structure : Bearish
Index components : Neutral Correlation
FGI Sentiments : Selling - 28↓ Indian & 24↑ Global
Insider Data : Bearish Neutral, PCR: 0.68↓, IVP: 70↑, IV: 21.5↑, VIX: 21.36↑ (30/35)↓
↑Up : 17170, 17230, 17300, 17360, 17400.
↓Down : 17000, 16930, 16870, 16820, 16760.
Market Opening(*Expected): Huge Gap up (150-200pts)
Activity: Short Covering
Conclusion: Probability of create volatility range between 17200-16800 this week.
(Data source11:00 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.
Overall Structure : Bearish
Index components : Neutral Correlation
FGI Sentiments : Selling - 28↓ Indian & 24↑ Global
Insider Data : Bearish Neutral, PCR: 0.68↓, IVP: 70↑, IV: 21.5↑, VIX: 21.36↑ (30/35)↓
↑Up : 17170, 17230, 17300, 17360, 17400.
↓Down : 17000, 16930, 16870, 16820, 16760.
Market Opening(*Expected): Huge Gap up (150-200pts)
Activity: Short Covering
Conclusion: Probability of create volatility range between 17200-16800 this week.
(Data source11:00 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.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.