Market Opening: Flat/Gapdown;
Overall Structure: Bearish/Down trend;
Sentiments: Neutral;
Market Mood(FGI): 66% Greed, likely to be turned down;
Resistance: 17350, 17440, 17600, 17770;
Support: 17100, 17000, 16900;
Entry Decision: Wait for breakout and buy on Deep at a key level. If Breakout fails, take a directional trade of sell side.
Probability of Short selling, Expecting a breakout at mid market;
Market in low volatility.
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*P.S: Identify the 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.
Overall Structure: Bearish/Down trend;
Sentiments: Neutral;
Market Mood(FGI): 66% Greed, likely to be turned down;
Resistance: 17350, 17440, 17600, 17770;
Support: 17100, 17000, 16900;
Entry Decision: Wait for breakout and buy on Deep at a key level. If Breakout fails, take a directional trade of sell side.
Probability of Short selling, Expecting a breakout at mid market;
Market in low volatility.
--------------------------------------------------
*P.S: Identify the 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.
