Nifty Side-ways for few days

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Early indication!

Nifty is likely to go sideways from here for few days.
It is yet to create proper support at these level.

Be careful with strangles and straddles, as India Vix is increasing too. You might see premiums increasing in monthly or next month series. Lets hope for a linear theta decay.

Happy Trading.
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INDIAVIXniftytrendsidewaysTrend Analysis

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