Today was a good day for day-traders
I went through the charts again. On 15 minute chart, Nifty closed at 11135.9 on Wednesday. Thursday, it opened at 11011. That is a gap down of 125 points.
Thursday closed at 10821. That is a slide of 190 points. By 3:15 pm it was actually 10800. So about 200 points.
Moreover, it was in line with the downtrend of the last few days if one observed daily charts. Only if one waited to go long, one should be disappointed.