200+- STRADDLE & NIFTY camarilla level

[SANTANU BEZ-1707666167730]

• NIFTY OPENING NEAR at L5 & after spending 15-30 min , it's roaming witin L4-L5 , QUESTION which way i thought about today's trade ( means bias , type of trade etc )

• 1. vwap slope any hint ???
• 2. 200(-+) from spot LTP what is doing ??? ...will guide me that's point
     

• 24800 after strong opening no follow through & after some DBS with vwap slope downwards , indicate L5 spot giving strong support probabilities and gap down not accept by market . so first not to be bearish any cost . let's see 24400 what's doing .

• 24400 hovering near vwap with not meaning full bearish trend as per opening sentiment & not so bullish also .

• So comparatively 24800 more weak with pattern confluence than 24400 , so view sideways as upper straddle loosing strength & lower straddle also not lossing not gaining , just holding it's whipsaw. it's morning one hour session reading .

• So to me 24800 short straddle best as per evolving structure with vwap above close as stop-loss & dbs for entry

later part when 24400 straddle gets some vwap above good pattern ( after morning session ) i can be plan ce buy with near wvap entry as it's not so bullish to enter any breakout pattern rather plan for pullback pattern ( 24400 straddle stracure will say about momentum ce buy or pullback ce buy with small point target ) though i am not trade any ce long today . it's just education addition .