Nifty brokedown for the second time from the upward trading channel (refer previous post) and there was a huge fall in the market today ( unable to post at the time of break down due to some other work) as seen in the chart.
Thanks for your insights. You could identify the trading channels. I saw it today on Saturday here. Independently on the breakout at around 5750 I was in buying position and didn't exit my trade whole day expecting bounceback at support levels 5720 / 5710 / 5690 resulting in heavy losses. It was one of those days I was completely out of tuning with the market.
Hi Yogi,
ReplyDeleteThanks for your insights. You could identify the trading channels. I saw it today on Saturday here. Independently on the breakout at around 5750 I was in buying position and didn't exit my trade whole day expecting bounceback at support levels 5720 / 5710 / 5690 resulting in heavy losses. It was one of those days I was completely out of tuning with the market.
Anyways, like your posts!
Regards.
thank u Bhanu for ur comment. Please keep posting ur comments to encourage me to keep writing this blog
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