Simplest way to trade in NIfty without any hassle.

9 feb 2023

See always know on thing, Nifty always moves following price action and that price action is made by people thinking not uniquely but all of them feeling that at this particular point pattern could reverse or break down further. So the idea is not to keep on finding the price where it will reverse but finding where the buyers are present and one best way to find it using the OI analysis. Secondly, the best way is to find the retracement point with yesterdays chart high and lows. If the price is falling from 9.15 am then wait for it to pivot at a Fibonacci retracement zone which is strong ie .5 at first and if its down going further add few more lots at .618 because this is where all buyers are thinking alongside now not your unique thought. So when all of you are thinking believing that its going to reverse from that point yes 100% it will reverse. The below is a perfect example of how it happened today. Its not rocket science its all bringing people mentality at one point.