NIFTY analogy for Sep 5th/8th Sep : No Trade until Signal Breaks
NIFTY Pre-analysis::::::::::::
Overall Structure : Bearish Neutral
Index components : Neutral Correlation
FGI Sentiments : Neutral - 60.16↑ Indian & 41↓ Global
Insider Data : Bearish Neutral, PCR: 0.81↓, IVP: 54↓, IV: 17.9↓, VIX: 19.55↓ (25/32)↓
↑Up : 17630, 17690, 17770. 17840, 17950.
↓Down : 17470, 17410, 17330, 17240, 17160.
Market Opening(*Expected): Partial Gap down/Flat
Conclusion: Probability of breakdown after consolidation. Sell Below 17470.
(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.
Overall Structure : Bearish Neutral
Index components : Neutral Correlation
FGI Sentiments : Neutral - 60.16↑ Indian & 41↓ Global
Insider Data : Bearish Neutral, PCR: 0.81↓, IVP: 54↓, IV: 17.9↓, VIX: 19.55↓ (25/32)↓
↑Up : 17630, 17690, 17770. 17840, 17950.
↓Down : 17470, 17410, 17330, 17240, 17160.
Market Opening(*Expected): Partial Gap down/Flat
Conclusion: Probability of breakdown after consolidation. Sell Below 17470.
(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.
