Terrible Market
Haven't gone through the day's like what we had for the past few days. Total Index move had been arrested by some big sheeps. I was really fed up with the move happened yesterday. I can clearly say this again, a real fall is being prevented. It may be some operators work.
Don't rush in buying and this is not a bull move. Situation may change soon and we may see the real face of our market. Last year i was struck with long's in this same level. So basically i am avoiding trading, in these level. But from today i have decided to avoid markets completely till the trend gets clear.
So for small day traders (like me) it's my suggestion to stay away from markets. Even then some scripts are showing nice variation. So friends it's safe to go behind those scripts for some simple profitz.
Simple break down and break up levels are 4786 and 4890 (spot).
Don't rush in buying and this is not a bull move. Situation may change soon and we may see the real face of our market. Last year i was struck with long's in this same level. So basically i am avoiding trading, in these level. But from today i have decided to avoid markets completely till the trend gets clear.
So for small day traders (like me) it's my suggestion to stay away from markets. Even then some scripts are showing nice variation. So friends it's safe to go behind those scripts for some simple profitz.
Simple break down and break up levels are 4786 and 4890 (spot).