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.At this point in time, I can only say one thing, with great humility. I am indeed gratified that readers could have made some profitable use of my personal musings.
As of Friday evening, I can only repeat what I said yesterday … “Then a question again is asked … what next? Frankly, I cannot answer that question now. However, I can just state what I expect. I think that Monday, 30 April will show us a short term bottom, and the uptrend is going to resume up once again.”
The Nifty could stop at around the 3950 levels. But please … I can only suggest not to rush and buy at that level. Wait for a confirmation of a short term bullish pattern, and then buy. For new readers, here is the link once again (click here).
Wait for a bounce, allow the market to confirm the bottom, and then buy.
Plan and trade happy.
1 comment:
Sorry for not responding on ur blog sirji, been travelling .. gud of u to suggest mild buy levels for aggressive bulls and confirmatory signal for conservative traders..
reg
ketan
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