Nifty range setup for 18th July | Follow the structural base

Overall Structure : Neutral
Index components : Volatile Correlation
FGI Sentiments : Neutral - 64.16↑ Indian & 27↑ Global
Insider Data : Bullish Neutral, PCR: 1.11↑, IVP: 39↓, IV: 16.0↓, VIX: 17.60↓(24/30)↓
↑Up : 16050, 16130, 16180, 16220. 16260.
↓Down : 16000, 15950, 15850, 15800, 15750.
Market Opening(*Expected): Gapup Neutral
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 source21:00 IST)***