Though I do Intraday Nifty, I'm not going to take any positions for 2 days even if it's scalping 20-30 points. Nifty will be ranging & wicks striking out (possibility) there may be couple of losing trades can happen in scalping. So why bother so much for scalping...I feel it will neither cross 9690's or 9650's, so better Declare Leave & watch the show, thats what I have decided for Nifty. But that's not applicable for stocks. Only if there is violation of any of the zones mentioned above we will have interest in trading Nifty over next 2 days, else stay relaxed :)
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That's unexpected in Nifty :)
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Just another pattern reasoning out why , on 5mins, it will be Beauty again :
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Perfectly locked in our region for 20-20 point scalps, but I didn't even touch Nifty Yesterday n Today :)