Nifty Outlook for 13-Oct-2023 based on Option Chain Data as on EOD 12-Oct-2023 for expiry of 19-Oct-2023

Nifty Outlook for 13-Oct-2023 based on Option Chain Data as on EOD 12-Oct-2023 for expiry of 19-Oct-2023

I did not circulate the report last night because data was not clear for the direction of the market. See last night update below the ======= line

The current option chain data as on 9:30 a.m. is pointing towards the direction of 19850. However best option is to stay away for today as I give more weightage to EOD data compared to intraday data.

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Today was the weekly expiry and sometimes all carry over positions do not happen on expiry day. Two parameters are pointing in two direction 19650 and 19849. However the monthly option data is pointing towards 19800. 

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 

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