Nifty This Week In Technical Charts: Choose Your Plays Carefully

Sometimes, in the market, you really feel like you are dealing with a petulant child. You know, the type who doesn’t know and will not listen either. Our markets were somewhat like that in the week ended Oct. 15. It refused to go lower and then when offered the chance, refused to go higher too. Such markets may be good for a few (option sellers) but not for the rest, who largely play directional. On an intraday basis, across the week…