For the entire MAY series, there was literally no movement in NIFTY .... !
This emphasises why it is wise & fortunate to settle with small margin and get away....!
I do not know how many traders have literally burnt their fingers , even though entered on both sides.... for this series ....! But big traders know and aware of these signals., the problem is for small traders..!
I am still waiting for the trigger & I hope I can get some clues by today evening from the signals and can go for STM next entry..!
So far, there is no clue above 7777 - 7850 range , whereas the downside is showing upto 7517-7485...! The mid term is aligned to 7485 to 7984, with the current trend...!
As we are nearing expiry, there can be big volatility...!
It is better to wait and watch for safe trading ...!
I am processing DHEEPAM transfers from today onwards & will get completed by this Thursday / Friday....! Those who have already received, may send your acknowledgement please...!
With kind regards,