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:
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These probability based ranges that I am experimenting with are working out very accurately. Press hte <Load New Bars> 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
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Notice the accuracy of these calculated levels
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Sold CE 10800 call
Trade closed manually
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Closed PE 10800 SL hit
Trade active
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Sold CE 10700 put
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I had calculated these probability ranges about 3 weeks ago. If you press the <Load New Bars> button you will see how accurate these levels are even today.