Vinod,
Whenever you have doubt on where it will stop switch to DTF which will give you a better idea. Here in this chart it has broken previous high's and breakout rally. Nobody can justify where it will stop because new high's breaking all resistance line. This is oneway rally and if we didn't participate in long side early better to stay away or wait till stock looses its strength to start short's.
CRUDE 5 MNTS CHART.
i added buysell indicator successfully tested working.
this my own developed from scratch.
i will make further modification tomorrow.
CRUDE 5 MNTS CHART.
i added buysell indicator successfully tested working.
this my own developed from scratch.
i will make further modification tomorrow.
Vinod,
Whenever you have doubt on where it will stop switch to DTF which will give you a better idea. Here in this chart it has broken previous high's and breakout rally. Nobody can justify where it will stop because new high's breaking all resistance line. This is oneway rally and if we didn't participate in long side early better to stay away or wait till stock looses its strength to start short's.
No... we cannot short for positional basis until we get more confirmations. Presently stock is breaking uppper side everyday. There is a deep correction of 100+ points pending but we dont know when it will happen. Its better to wait for any bearish candle pattern formation in DTF with volumes.
Nothing is fluke in the market. I strongly believe that.... Just add jjn fibo indicator and see where you took the trade and exited. You shorted at the break of 50% with TS2 and booked at next retra 61.8.... fibo levels are respected most of the times... just follow that in intraday for short and smart profits....
No... we cannot short for positional basis until we get more confirmations. Presently stock is breaking uppper side everyday. There is a deep correction of 100+ points pending but we dont know when it will happen. Its better to wait for any bearish candle pattern formation in DTF with volumes.
Nothing is fluke in the market. I strongly believe that.... Just add jjn fibo indicator and see where you took the trade and exited. You shorted at the break of 50% with TS2 and booked at next retra 61.8.... fibo levels are respected most of the times... just follow that in intraday for short and smart profits....