I have been mentioning last few days as to how this market has become Traders Paradise..One of the CHARTS we use daily to give our intraday calls is enclosed above , and does not need any explanations( Many parameters along with change of colours if you notice for buy/sell calls of nifty futures & options , for our clients) as anyone can see the markets turns...As the swings are big the movements are also big intraday...Hope this helps all understand the technicals of intraday trading..Coming to our markets , well again the range trading started , it retested the lows , turned and moved back to retest highs( maybe some more juice left as per the chart above)..Right now markets are doing 4450-4590 zone..Break can rush markets 130-150 points of this range ..enjoy the day ..cheers..
