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.What can one say when the market opens with a rising window? The trend is bullish. Even though the intraday move was not very significant today, the market has moved through significant levels. This short term move may terminate at a short term level of around 4068/4070.
I repeat my earlier statements. The next cycles in time falls on 19, 26 and 29 April. So we may expect some volatility around that time. Keep utilising the dips to buy. Until we see a bearish pattern on the intraday charts.
Plan and trade happy.
2 comments:
sirji, can u also plot the time cycles on ur charts, many times, i am not able to correlate charts to text, i am sure many ppl must be feeling same while reading...
thanx in adv
reg
ketan
The time cycles calculations are not plotted on the chart for a very simple reason.
It will make the chart cluttered and busy. The simplicity of the visual will be lost.
As far as the method goes, I use a lot of calculations, some of them proprietary, some standard Gann and Fibonacci. I decide the best fit, and give a probable date.
Dusant
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