Nifty Range Levels for 6th June based on daily price action
Please use this chart in coordination with this earlier chart I posted which is based on a wider range of price action:
These probability based ranges that I am experimenting with are working out very accurately.
Press hte button and see:
- the gap up today opened at one level
- the first candle had a high at the next level
- the day's high touched the next level above that
I use these calculated levels for all the trades I enter into
Notice the accuracy of these calculated levels
Sold CE 10800 call
Trade closed manually:
Closed PE 10800 SL hit
Sold CE 10700 put
I had calculated these probability ranges about 3 weeks ago. If you press the button you will see how accurate these levels are even today.