NIFTY camarilla level & 200-+ straddle study
-
Nifty opening with selling pressure candle , first 15-30 min roaming around (Pivot + L3) level with flat vwap .
now what should be trading bias , trade type etc from following point
-
vwap slope in nifty future
-
200-+ straddle price behaviour with patterns , vwap
from above picture od 200-+ straddle ( 24.7k & 25.1k) , clearly from opeing seen lower straddle more weak & upper straddle not strong not compartively weak
so , bearsih sideways bias with option iv PREIUM CRUSH mood active . sell 24.7k around 280 with vwap above close as stop-loss ; eventutally got target of 33 points & today no mometum option buying scanrio was not seen
-