NSE has changed expiry days to Monday starting April. More on this later.
Returning to Nifty 50, we achieved our goal with a small Wave 4 upward movement and potential further decline. Trading has been challenging throughout this period. The Kiss Bot indicator, with some adjustments I made, has been beneficial, though overall, scalping on 2-minute and 5-minute charts has been effective. I am eager to observe the developments once 22280 is breached, as it will pave the way for targets around the 21800 levels.
This entire thing will complete Sub Micro Wave marked in Green (3)
NIfty 50 in 5th wave down?
Trading is not easy, what works is “risk management”. When you take the trade plan max loss that you can take for the trade and put stop loss there. This method will give you more chances. You will be able to hold your winners.
Holding overnight positions in options trading is risky due to unpredictable gap ups and downs, making it impossible to accurately forecast market movements. Therefore, it's preferable to trade during live market hours with proper risk management.
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