Target 2, I won't share right now, let's us get some pullback and then I will post the target 2.
Correction Waves Details:-
Wave A : - 23,112 to 21,615.
Wave B : - 21,615 to 22,363 ( exact 50% of the wave A)
Wave C : - 22,363 to ------ (21,438 / 21,329 / 21,241 / 21,152 can be anyone)
Decision Zone:- Above +ve & Below Negative.
I don't pay much attention to monthly expiry day candles, as there is FNO adjustment. The market is still in the range of 21k to 23k.
Please don't take a strong positional trade, until this consolidation range is broken.
I have posted a separate positional strategy as a separate idea.
We can always go wrong, but the question is.....how less we lose when we are wrong and how big we make it when we are right.
Define max risk per trade and per day.
And trade accordingly.