Thread by @SubhadipNandy16

Thanks Gautamda.

COI analysis helped me on the bearish view on the way down, and then the subsequent bull move with 18350 target.

However, scenario now is a bit murky. Read the tweets below

https://twitter.com/gautam_icma/status/1481480994847084546

BNF showing long liquidation while NF showing long buildup. In my experience, whenever the two indices shows divergent behavior, it's very difficult to cleanly trade the indices. We are probably starting a time-price correction

Traders will do best if they let this scenario resolve over the next few days before trying to trade the next trend move. Everyone makes money in a trending move but majority give back during this congested times. So, I will stand aside and give time to markets .

Standing aside helps me save emotional capital and be ready when the next trend move comes.

"Not having a view/position is also a view/position"

COI analysis helps not only to identify the trend, but also when to stand aside

Me and @gautam_icma have gone deep into this kind of analysis in this course. Do have a look if interested :

quantgym.org/course/decodin…