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.Small steps. Large Steps. It all depends on how you look at it. The last month has shown the Nifty taking small steps right from the 4300 levels, towards its ultimate destination. Where is the correction? … people ask? The hourly chart shows lots of corrections, even though the daily chart would be one smooth ride.
Enjoy the ride while it lasts.
Technically the position remains as a suggestion to buy on dips.
Plan your trades and trade happy.
1 comment:
Sirji, "ultimate destination" as in reversal of trend to a bear mkt in near 2-3 months ? what wud be the likely nifty target for this ultimate destination ?
reg
ketan
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