When Market enters in such a mode where its not ready to go either way and want to stay in the middle then the complexity increases , Increase in complexity means increase in volatility
I have some efforts in explaining the simple method it can form with short duration form today
today many annalists started predicting down move to 16800/900 before any up move, but you are predicting up move to start in a day or 2(from 17300/250 level). let us see who is right.
ShreeKrishna
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@ckirtane what happened with so called analyst?? did they make it did it reach 16800 ?? tell me what's the results
ckirtane
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@ShreeKrishna, it is my bad luck that stop loss was triggered yesterday at 17330.(lost 4000). but ultimately you proved right. thanks.