Nifty range Setup for 21st June : Wait for an Impulsive move
Market Opening : Partial Gapup (Expected*)
Overall Structure : Sideway range (Oversold)
FGI Sentiments : Neutral - 21.84↑ Indian & 14↓ Global
Index components : Negative Continuation
Insider Data : Bearish, PCR: 0.56↑ , IVP: 80↓, IV: 22.3↓ High, VIX: 22.75(31/36)↓
↑Up : 15520, 15670, 15790, 15910, 16060.
↓Down : 15180, 15020, 14900, 14760, 14630.
Activity: Bottoms Out, Market might try a short correction for short covering.
Conclusion: Probability of turn down. Can show more smaller movements with high volatility may happen towards downside@14000.
Advisable to go with Midcap Stocks specific and strictly avoid penny stocks. If the market gives an impulsive move, go upwards.
---
*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.
Overall Structure : Sideway range (Oversold)
FGI Sentiments : Neutral - 21.84↑ Indian & 14↓ Global
Index components : Negative Continuation
Insider Data : Bearish, PCR: 0.56↑ , IVP: 80↓, IV: 22.3↓ High, VIX: 22.75(31/36)↓
↑Up : 15520, 15670, 15790, 15910, 16060.
↓Down : 15180, 15020, 14900, 14760, 14630.
Activity: Bottoms Out, Market might try a short correction for short covering.
Conclusion: Probability of turn down. Can show more smaller movements with high volatility may happen towards downside@14000.
Advisable to go with Midcap Stocks specific and strictly avoid penny stocks. If the market gives an impulsive move, go upwards.
---
*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.
Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.