Nifty: Range setup for 8th Jun

Market Opening: Gapdown/Flat;
Overall Structure: Downtrend;
FGI Sentiments: Negative - 41% Indian↓ & 30% Global↓ ;
Insider Data: Negative, PCR: 0.55↓, IVP: 81↑, IV: 21.9↑ High;
↑Up : 16500, 16600, 16700, 16800 ;
↓Down: 16300, 16200, 16100, 16000 ;
Comparison of other Indices: Relational;
Activity: Short buildup, Positional
Verdict: Market is at crucial support. Probability of upmove to fill last gap. Sell if support breaks down the previous low.
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*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.
Sym Indication: Moving up(↑), Moving down(↓), Up n Down from Base(↨), Neutral(↛), Gapup(↱), Gapdown(↳), Reversal(↬).