Mighty Nifty - Range bound?

Nifty 50 IndexNSE

Description

⋅ Dec 20, 2017 4:28 PM

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

⋅ Dec 21, 2017 6:26 AM

rangebound

Comment

⋅ Dec 21, 2017 10:18 AM

Therefore it is proved, price action is range bound today!

Support and Resistance Supply and Demand

Comments

samuel1970

⋅ Dec 21, 2017 3:10 PM

Pl tell me what about tomorrow.
My Opinion it will go to 10380 or below.
whats your advice.

ShanTrader

⋅ Dec 21, 2017 10:54 AM

True, only the call and put writers will earn through time decay.

vanathi

⋅ Dec 21, 2017 2:46 PM

@ShanTrader, Right :)

ShanTrader

⋅ Dec 21, 2017 7:13 AM

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.

vanathi

⋅ Dec 21, 2017 7:21 AM

@ShanTrader, Let them battle, we enter at the confirmation :)

YashKulkarni

⋅ Dec 20, 2017 4:50 PM

kch bhi ho sakta hai..vaise bearish hi lag rha hai mujhe