boarders....just take a look at the power of TA....ystrday & 2day morning i warned bulls to exit trading positions & told 2 reenter only if sensex closes abv 18525...till 3.15 pm...the sensex fooled many as if it was to close abv 18525....now what will u tell this....SHEER TECHNICAL ANALYSIS POWER & NO MAGIC.......
POSITIONAL TREND --UP
ENTRY LEVEL-----14425 on 27th aug(i joined this forum ystrday)
CURRENT STATUS---EXITED LONGS AT THE OPENING BELL TODAY...will reenter if sensex closes abv 18525
PROFIT & LOSS--- + 4000 PTS
short term traders should NOT follow positional trades as stoplosses r wide .this is only for those who can hold for a medium term positions in nifty ,sensex ,ril ,& ongc futs
18525....did u see??? quite simple it looked to close over...but???keep watching this space on sensex from me...i promise to make it sensetional for 365 days..all round...esecially for positional traders in nifty ,ril ,sensex & ongc futs...& it will b a flavour for technical analysis followers..WISH U ALL A PROSPEROUS TRADING