BETTER AVOID TRADING IN SIDEWAYS MARKET.
NOW HOW TO KNOW MARKET TURN SIDEWAYS:
DURING SIDEWAYS, MARKET MOVES IN A RANGE: IN NIFTY SAY 20 TO 50 POINTS AND IN BANK NIFTY SAY 100 TO 150 POINTS AND VOLATILITY WILL INCREASE. WITHIN A SECOND PRICE FALL TO 15 POINTS AND UP 10 POINTS IN NIFTY AND 40 POINTS DOWN AND 25 POINTS UP IN BANK NIFTY FOR MORE THAN AN HOUR.
BEST WAY NOT TO TRADE IN SIDEWAYS MARKET SPECIALLY IN OPTION BECAUSE STOP LOSS WILL TRIGGER BOTH CASE IN CE AND PE AND YOU WILL LOOSE CAPITAL AND YOU WILL BE FRUSTRATED.
TRADE ONLY IF RANGE BREKOUT OR BREADOWN.WAIT FOR DECISIVE MOVE AND KEEP PATIENCE.
EVEN IF WILLING TO TRADE( AS SOME HAVING ITCHING PROBLEM THEY CAN’T REMAIN WITHOUT TRADING) THEN TRADE FOR SHORT PROFITS ONLY SAY 25-35 POINTS IN BANK NIFTY OPTION AND 7-12 POINTS IN NIFTY OPTION BY KEEPING PROPER STOP LOSS OR AS MENTIONED.
DURING SIDEWAYS AVOID MULTIPLE TRADING. NO NEED TO TRADE EVERY DAY.
SAVE YOUR CAPITAL , WATCH MOVIES, GO FOR TRAVELLING. DO MEDITATION , SPEND TIME WITH FAMILY KIDS ETC.