Me the escape
I felt a bit relaxed, since i was not there for trading yesterday. But it was terrible when i saw the charts. Some thing is gonna go wrong, but never know on which way. Lot of minute things is there to watch on yesterdays market.
- More stocks made a dogi pattern in EOD chart.
- Over all gain in the market resulted from nothing.
- 4500 and 4600 put's has not broken it's open and high rate.
- Mini Nifty defended it's open and low point.
- Aug future in Nifty opened at 4444 where as sep future opened at 4500.
- Bank Nifty ran high, where as bank scripts did not.
- Bank Nifty also defended it's open and low point.
More over 'n' number of tops and bottom over these four days. All these suggest something is on the card and that is big.
Avoid trading, until we get answer for these questions.