in range bound its sell from 7924-25
But
-------- camrilla: buy / fibo: buy / volatility(weekly) :buy Break out: BUY --------
Options data with Volume Bullish Aug - Bullish Sep - Bearish Oct...
Banknifty Surprised in morning...for me it was unexpected.
Thanks Coolbull. It is always good to have a Different analysis and perspective. Please continue to post your analysis.
From the Options Data perspective the only catch is, If this is a Reversal at Highs it could be a Reverse of the signals that you are getting. In Options Chain normally I assume a SELL. In a reversal it is reverse of positions and so it could be a BUY. But there is no way to verify that.
For the Levels using Price Action, I use the Polynomial curves, which is a kind of Range bound.