#nifty Short term Delta Update for Expiry:-
Updated
#nifty Short term Delta Update for Expiry:-
1st there was a breakout on Monday, followed by an upmove yesterday and today upmove continued followed by a correction in end hours.
The price has entered into an uptrend channel and is expected to follow the path as defined.
Many of the traders might question being given a predictive patch instead of reacting on price movement, if I start giving reaction points then there will be multiple views and more views adds more complexity.
I post the predictable path which has a higher probability and you can trade based on triggers.
Added a pinch of #elliotteave learning in my analysis and you will find out how levels are calculated.
trade what you see, not what you feel, happy trading.
Regards,
SG
Note:- BN yesterday's analysis holds, it's range-bound.
1st there was a breakout on Monday, followed by an upmove yesterday and today upmove continued followed by a correction in end hours.
The price has entered into an uptrend channel and is expected to follow the path as defined.
Many of the traders might question being given a predictive patch instead of reacting on price movement, if I start giving reaction points then there will be multiple views and more views adds more complexity.
I post the predictable path which has a higher probability and you can trade based on triggers.
Added a pinch of #elliotteave learning in my analysis and you will find out how levels are calculated.
trade what you see, not what you feel, happy trading.
Regards,
SG
Note:- BN yesterday's analysis holds, it's range-bound.
Trade closed: stop reached
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