Nifty : Pullback & then Run Up...
מעודכן
After a day full of technical glitches, I hope we resume normal trading from today. There can be several theories for the glitch & we can make many post out of it but for time being lets look at result oriented task.
When scrips, which showed volatility are ok to trade again ? This was the most frequent question I got yesterday.
Intra Guys, never worry. Nothing Changed for Us.
Positional's till those wicks are filled with some orders n market covers up the space, wait. Ex: SBI looks ugly n screwed.
Fib extension reversal so I expect 50 points pullback in Nifty & 9730's will be good pickup point for Us to get into the trade, its bit weaker zone that's why having another zone below it at 9700's. But let's wait for the trade setup to happen as expected, if Bulls decided to run from here to upside, Buy on yesterday high break only if you have proper trade setup which you have tried already.
Happy Trading !
When scrips, which showed volatility are ok to trade again ? This was the most frequent question I got yesterday.
Intra Guys, never worry. Nothing Changed for Us.
Positional's till those wicks are filled with some orders n market covers up the space, wait. Ex: SBI looks ugly n screwed.
Fib extension reversal so I expect 50 points pullback in Nifty & 9730's will be good pickup point for Us to get into the trade, its bit weaker zone that's why having another zone below it at 9700's. But let's wait for the trade setup to happen as expected, if Bulls decided to run from here to upside, Buy on yesterday high break only if you have proper trade setup which you have tried already.
Happy Trading !
הערה
Un-Lucky Days Back to Back , though we are Right on Direction.Part of the Game !
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