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.From the way the Indices have behaved today, it seems that our analysis could stand the test of time. We may see a short term top today or tomorrow, and then we may see some continued volatility till our next time cycle target of 31 March.
Since the short term trend is up, the intermediate trend is undetermined and the long term trend is up, we will see these violent reactions, till the froth settles down. And the probabilities all point to the fact, that the intermediate term trend also could point upwards.
Trade happy.
1 comment:
sirji ! after this st top, shd we buy on dips, since it opened with upgap and we cud not buy !
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