Modelled Close Technical & Fundamental for CNX NIFTY are higher than actual close of CNX NIFTY. Open Interest PCR is higher than one suggesting good support for nifty at current levels. Implied volatility level is high but trending low suggesting market is coming out of fear grip. Put IV is higher than Call IV. BUY Zone Signal has come out of green zone today suggesting not much drop from here after remaining in buying zone for last two weeks. Market will now work in anticipation of Q1 earnings. Overall outlook is – correction is over and market to start going up with volatile movements.
Modeled close are predicted using artificial intelligence (AI) and hypothesis that market is inefficient.
CNX NIFTY OPTIONS SUMMARY