NIFTY range setup for 18th May

Market Opening: Gapup 60%, Gapdown 40%;
Overall Structure: Uptrend;
Sentiments: Positive;
Market Mood(FGI): Recovering (29% Indian, 15% Global);
Options Data: Partial Bullish, PCR: 1.09, IVP: 56, IV: 23 High;
Up : 16400, 16500, 16650, 16900 ;
Down: 16200, 16100, 15950, 15800 ;
Expected Activity: If gapup to downward, buy on deep suggested at day close point 16200. WHEREAS if gapdown by taking support, may move upward towards 16500-16600.
More Correction Required. But the Day might more challenging and volatile.
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*P.S: Identify the B/S 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.