Nifty : Bull-Bear fight arena...

NSE:NIFTY   Nifty 50 Index
476 4
Though I do Intraday Nifty , I'm not going to take any positions for 2 days even if it's scalping 20-30 points. Nifty will be ranging & wicks striking out (possibility) there may be couple of losing trades can happen in scalping. So why bother so much for scalping...I feel it will neither cross 9690's or 9650's, so better Declare Leave & watch the show, thats what I have decided for Nifty . But that's not applicable for stocks.
Only if there is violation of any of the zones mentioned above we will have interest in trading Nifty over next 2 days, else stay relaxed :)
Jun 06
Comment: That's unexpected in Nifty :)
Jun 06
Comment: Just another pattern reasoning out why , on 5mins, it will be Beauty again :

Jun 07
Comment: Perfectly locked in our region for 20-20 point scalps, but I didn't even touch Nifty Yesterday n Today :)
@insiderB That what i am talking about , My patterns goes half way and come back. So i should look resistance as well with Fibo levels. right?
great analysis. great results.
+1 Reply
you are simply great, how come your analysis is so perfect?
InsiderB nalinakshi
@nalinakshi, Thanks for your kind words :)
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