Market Behavior with Intraday Nifty Analysis

Hi, from the charts you can see that the day was a range bound day, if we are able to identify it earlier we should have profited from it or at least avoided the bad trades.

let us see what are signals that are available to identify it.
1. yesterday was big bar day you can see that in your trading time frame charts ( 5 min chart).
2. Today market opened lower and moved back into above yesterdays low , which is a sign of bullishness or range bound market.
3. when we checked the volume it is below average.

4. when we checked the market indicators, that is general market direction, it was sideways.
5. Nifty > 15 and -15 and A/D was 1:1 which is indication of side ways market in action ( at 9:30 0r 9:45).

To know weather day is Range day or trending day we can use this indicators.
1. General market.
>  Trending day eg: nifty > 15 and A:D > 2
>   Trading day  eg: nifty < 15 and A:D = 1(approx)
2. Charts ( will tell you when it happen real time).

is this a holy grail to identify or classify the market, no this can only improve your decision making and improve the probability.