vanathi

Mighty Nifty - Range bound?

NSE:NIFTY   Nifty 50 Index
On breaking 10440 priceaction will move towards 10410 and 10380. If 10440 didnt break, we will get range bound movement between 10440 to 10480.
Comment: rangebound
Comment: Therefore it is proved, price action is range bound today!
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Pl tell me what about tomorrow.
My Opinion it will go to 10380 or below.
whats your advice.
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True, only the call and put writers will earn through time decay.
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vanathi ShanTrader
@ShanTrader, Right :)
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Showing some signs of weakness, but there is a lot of support at that range. A lot of OI has been generated at 10400 PE over the last few days so, that will be crucial battle ground between the bulls and bears.
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vanathi ShanTrader
@ShanTrader, Let them battle, we enter at the confirmation :)
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kch bhi ho sakta hai..vaise bearish hi lag rha hai mujhe
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