very good analysis buddy ... perfect intraday setup .. trade will be quick .. i am positionally long on it .. and i do not use indicators to trade.. only price action.. so my SL was below this support area... follow through today is important i guess ... cheers!!
TradingColleague
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@taruneshpasuparthy ohh good , but I use indicators to be more sure about trades I take, btw price action itself is a strong study
taruneshpasuparthy
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@TradingColleague, whats ur view on it positionally? took the trade based on weekly .. with an expectation of it being sideways for a while . so i hedged with a CE short .just so that get something for the time value ..