This morning the MAX Pain for NIFTY was at 6250 at the start of the session for a brief period and again changed back to 6200. So may be 6250 will be Tested quickly and may be there will be a bounce back... Since the MAX COI also moved from 6300-6400 to 6200-6400, we can expect at least some full 60 points for the SELL from 6330 ie 6270.
So Far NIFTY has bounced back from 6293, which is the Pivot in HTF.
In LTF the Support has been moving down. Now it is at 6287.
There is no BUY signal Yet in LTF or HTF. So I am holding on to 50% of the SELL
So Far NIFTY has bounced back from 6293, which is the Pivot in HTF.
In LTF the Support has been moving down. Now it is at 6287.
There is no BUY signal Yet in LTF or HTF. So I am holding on to 50% of the SELL