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Roughly, we are at the middle of the range, and that makes trading the index that much more difficult for in a range bound situation. You adopt the buy weakness and sell strength trading strategy," The Nifty is caught up in a range-bound volatile situation. Its range is all but clearly defined: 10,650 on the upside while downside is still the unbroken support of 10,275.
Roughly, we are at the middle of the range, and that makes trading the index that much more difficult for in a range bound situation. You adopt the buy weakness and sell strength trading strategy; however, you take the trade only when you are close to the two boundaries, and not in the middle because the risk-reward ratio does not justify taking a trade in the middle.
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