Range setup for 27 April, Things to know before Opening Bell

Market Opening: Gapdown/Flat;
Overall Structure: Downtrend;
Sentiments: Bearish (31%);
Market Mood(FGI): 59% Greed;
Options: Neutral, PCR: 0.90, IVP:53%, High IV;
Target: 17300, 17350, 17450, 17500;
Stoploss: 17050, 16950, 16850, 16700;
Activity: Likely to be oversold, time to open a fresh position soon.
Verdict: Probabilities of Huge Gapdown with low volume or may fall at 16900-16700.
If Flat Opens, might turn upwards with a breakout.
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*P.S: Identify the B/S zone, Follow the trend direction, 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.