BANKNIFTY analogy for Oct 31st-3rd Nov : Volatile movement

BANKNIFTY Pre-analysis::::::::::::
Overall Structure : Uptrend
Index components : Positive Correlation
FGI Sentiments : Greedy; Indian 51↑ & Global 61↑
FII /DII Status : Positive in Cash Market & Derivatives (With Combined OI)
Insider Data : Neutral, PCR: 0.76↓, IVP: 0↓, IV: 19↓, VIX: 16↓ (25/31)↓
↑Upper Level : 41250, 41400, 41550, 41650, 41800.
↓Lower Level : 40850, 40700, 40500, 40350, 40200.
Market Opening(*Expected): Gapup
Activity: Short Buildup/Short Covering ; Buy on Deep/Sell on Rise
Conclusion: As on Request

Have a Happy & Safe Trading!
(Data source@21:00 IST)***
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***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data.
We rigorously tested the strategy and is 88% accurate. This strategy is for knowledge point of view only & is subjected to market risk.