BNF above 24880 bulls enter the game
BNF below 24820 to 24680 bears won the first round!
By knowing this we can’t make money
Then, how should we be prepared to trade
By 2 to 2.40 today markets are below 24680 to 24820 bears are in clear control, they may bring markets too 24250 to 24350
If they are ruthless, even 24040 to 24080
If bnf trades above 24680 by 2 pm but not able to cross 24820, Bears still in control, may be they want few more hours to win or one or two more days
BNF recovers till above 24880, and close tomorrow, then bulls comes into contest
Bulls may go beyond that level, but better to wait till it crosses 25380
For me at least bulls needs to comeback above 25390 till then positionally I won’t be with bulls
That’s for positional trading
For intraday –I am. Flexible both the sides, today
Above 24680, bulls standing at the gate, above 24820, knocks the main door, goes above 24880, then they enter the house, that doesn’t mean they are winning, they would like to give one more fight
Below 24680, Bears will ride the tide today! But they need to trade most of the time below this number
Markets are unique and random
Let markets give me clue
Sagar U.S