Look at the range we are having in Nifty, its very narrow. If it goes on like this within channel till 9700's, only scalpers will be making good 20-30 points daily.
For past 4 days we are completely stuck in this range zone, I don't want to go in depth about time correction n all, bcos do we need to wait till its over to make money ? Nope.. Just adapt & transform to be scalper on these days, these are the days which we hate..A whole day wait will give you merely 30 points but you are making something right ?
But the prob, we are already on 15 mins, we need to move down further that's 5 mins to scalp those points which is quite risky, bcos a single wick will take you out of the trade. So, for those conservative traders, Take some days off relax n just watch Nifty...
Honestly, I hate those days when Nifty confines itself, Please come out :)