Nifty range setup for 14th July | Retesting for a impulsive move

Overall Structure : Bearish Neutral
Index components : Negative Correlation
FGI Sentiments : Neutral - 69.52↓ Indian & 24↓ Global
Insider Data : Bearish, PCR: 0.60↓, IVP: 82↑, IV: 23.7↑, VIX: 18.52↓(27/33)↑
↑Up : 16030, 16100, 16150, 16200, 16300.
↓Down : 15900, 15850, 15800, 15750, 15700.
Market Opening(*Expected): Gapdown to Upward
Activity : Short Buildup/Short Covering (rebalancing)
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, political election scenario, Employment risks
Conclusion: Avail on request.
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***Note: Identify the B/S zone, Follow the trend direction with strong 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 point of view only & is subjected to market risk.
(Data source23:30 IST)***