Nifty range setup -10th Jun

Market Opening: Gapdown/Gapup to down ward;
Overall Structure: Uptrend but not Bullish;
FGI Sentiments: Neutral - 45% Indian↑ & 34% Global↑ ;
Insider Data: Positive , PCR: 1.18↑, IVP: 60↓, IV: 17.3↓ ;
↑Up : 16500, 16600, 16650, 16750 ;
↓Down: 16350, 16250, 16150, 16100 ;
Comparison of other Indices: Relational;
Activity: Observed Bullish Piercing line and Market was closed at crucial resistance. Let's buy above 16550 after break the upper level by following nearest bottom level. In other terms, ignore If opens gapdown.
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*P.S: Identify the B/S zone, Follow the trend direction, and 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.
Chart PatternsFundamental AnalysispapertradingstrategytestingTechnical AnalysisTrend Analysis

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