Don’t trade on charts, try to catch the right level with right direction. Views are personal, nothing is advice
There is no Trade without tested setup in FnO
Hi @zerodha@Nithin0dha
I would like to request you please add the spot prices (Index) on trading screen; it might definitely help for traders who are trading sometime on mobile (kite) app
If you added that spot prices on every screen it may added advantage for traders, thanks
Sensex upside an entry almost below 880 points from the today opening, that may be the sign an expiry close with in red.
Nifty - 1st bigger time frame - down by -212.94
2nd big time frame - -183
3rd time frame - 247.
Nifty and Sensex are trading below weekly entry prices,
Let's see if it reversed today..but more chance to reverved after expiry.
If reversed then Nifty can give you more than 1k and Sensex may 4k approx points moves.
Day open always an important, if you have a levels (entry or exit) then it will always an easy to recognise the trend.
Mostly trend reversed after half of the session, but take a that risk (against the trend) when you have a right setup.
If you know the level then manipulation always good for intraday traders, however it's always bad for retailers who are hold their positions frequentely.
Try to take a trade on long timeframe, it should be more than 1 to 30 days.
Which side you going to bet on SENSEX in this week?
Downside has less points to go but upside has trippled points than that
If first couple of day of it went down then may chance bounce back. VICE VERSA
On Monday if open with gap up then not cross approx 400 points
Let's see
Indian market drastically change in recent times, if you take a trade at near to low, high or calculated level then only you can survive in such market.
More than 100 points gap from entry levels almost happening on daily since CAS.
DONT TAKE A TRADE IN SENSEX WITHOUT SETUP.
Right timeframe also an important while taking a trade in Nifty and Sensex.
Sensex is much faster that other indices, it has a power to make you begger so quick, 10cr can't protect in it if you don't have a knowledge.
Right strike price and entry and exit level is so important