Market Opening : Gapup (Expected*) Overall Structure : Neutral/ FGI Sentiments : Neutral - 36.78↑ Indian & 28↑ Global Index components : Corrective correlation Insider Data : Neutral, PCR: 1.00↑, IVP: 66↓, IV: 18.8↓ High, VIX: 20.55(27.26/33.77)↓ ↑Up : 15800, 15900, 16000, 16050, 16150. ↓Down : 15550, 15450, 15350, 15250, 15150. Activity : Short Buildup/Short Covering Conclusion: The market may turn down to retest at following level with a volatile movement after a gap up opening. If Market sustains at upper level, it may move up a higher point. --- *Note: Identify the B/S zone, Follow the trend direction, and Trade after trend 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 purposes only & is subjected to market risk.
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