As discussed before open Bank nifty made a high of 26492 against our high of 26507 before lunch. It broke past the resistance post lunch to hit a high of 26853 and continued to trade in the top range without giving any correction.
option buyers got stopped by 30 points post lunch
one may argue that buying past resistance makes sense , but it's not easy to ascertain the amount of move in advance and works perfectly in hindsight only.
Live trading strategy is different from fluke trading or astrological predictions and bad day/week is a trading reality. Strategies are forever , bad weeks come and go
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Decision range
26484-26706
Support for the day
26341
resistance for the day
27080
Expectations
Wild day with big swings
Real time updates
Operator updated Nifty level of 12241 before open , rest he'll update whenever he gets time
inner circle traders - receive global perspective and algo levels in advance
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