These are my personal musings. These are not in any way meant to be trading advise. To view the full chart, right click and open in a new window.I have been known to be wrong, several times. I could be wrong yesterday, today … and tomorrow.
Therefore, please do not go by what I say … go by what the market is telling us.
Today the market tells us that it is trying to bottom out and resume the long term uptrend upwards. Whether or not it can succeed, does not depend on our wishes … but on the collective wisdom of the market.
At this point I can only remind traders, allow the market to display a bottoming pattern and then only buy.
Till then, be happy.
2 comments:
Sirji most ppl trade in current series, which shall close in negative - below 4040. So shd we short at higher levels than this and also exit calls as and when we reach these levels ??
reg
ketan
Dear Dushanji,
Please don't loose your heart by saying "I am wrong" in fact whatever you are posting here is with utmost sincerity and in an absolute honest manner, which I appreciate very much.
Our Mkts. are "Intensively Manipulated" one and the Operators have always taken advantage of situations to grab the positions of small investors, they have ALWAYS INSIDE ACCESS to most price SENSITIVE INFORMATIONS including "Provisions of Budget" so being sometime wrong in such a scenario should never be the problem for any sensible analyst.
Keep up your very good job, we are ALWAYS here to appreciate it and love it.
Warm regards and best wishes for your health, wealth, peace and happiness.
Ajay Brahmbhatt
Post a Comment