Diary of a day trader - Part 2

#81
My BNF fresh position.......Bought 10 lots @12590.80...............some people says it bearish but me opposite......waiting for NH in this exp
 

arcus

Well-Known Member
#86




Nifty took 49 days to reach from 6111.80( 29 jan 2013) to 5477.20 level ( 10 April 2013) .......... and Nifty took only 18 days to reach from 5477.20 ( 10 April 2013) to 6084.70 level( todays high) almost near 6111.80 R level and during this uptrend there is also no swing high/low..... only steep upward movement.

So in my view........ present nifty uptrend is suspicious and not sustainable and soon we will see downward movement..........:)

This is only my view....... i may be wrong also......:D:lol:

Market always like symmetry. If it goes down, it will take only 18 days to reach the 5500 mark.
 
#87
#88
Market always like symmetry. If it goes down, it will take only 18 days to reach the 5500 mark.
When Stocks and Index fall it will fall sharply ................My life time big profit came in short selling..... My experience says...if u buy tgt wud b 1%.....but short selling tgt wud b 2%..........:thumb::thumb::thumb:
 

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