So, far this has been my safest strategy to trade Nifty:
Apply the indicator 'Risological Astra'
Set Nifty to 15 min time frame
BUY CE side if the price closed above the Astra dotted line.
I buy the monthly contract ONLY, with this strategy.
Sell 50% when the price reaches TP4.
Hold remaining 50% till the price crosses under the Astra dotted line.
This trade...
I hope you're all good. here is a good opportunity to go short obeying the fact that price is moving in an uptrend, and clearly making a sequence of lower highs and lower lows.
As price entered in a corrective wave we are being motivated that the seller's impulsive wave is right at the doorstep. We just wait for a pattern break to confirm our entry.
