Nifty and Nifty MidCap Outlook for 16-Oct-2023

Outlook for 16-Oct-2023 based on Option Chain data as on EOD 13-Oct-2023 for Expiry on 19-Oct-2023

Nifty data is split with one parameter pointing towards 19675 and another pointing towards 19825. Probably global uncertainty is causing this confusion. High probability of direction towards19825. 

Nifty Midcap 0DTE Zero days to expiry outlook based on EOD data on 13-Oct-2023 for expiry on 16-Oct-2023

Data is pointing towards 9175

Mentioned levels are for futures and not spot.

Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don't charge or offer any paid service. The higher probability percentage or ranking does not guarantee the actual outcome to be matching with that of predicted outcome. I am not SEBI registered. For more details on Probability Analysis refer the FAQ in link below https://www.marketprobabilityinsights.com/p/what-is-probability-analysis.html 

Comments

Popular posts from this blog

Next 20 days Outlook of SPX based on Patterns from Historical Price Data as on EOD Jan-5-2024

टीसीएस नाम का व्याकरण शास्त्र से विश्लेषण

Next 20 days Outlook of SPX based on Patterns from Historical Price Data as on EOD Jan-12-2024