And I was right - the only thing, I did not expect another slide to same level. Bulls are not in mood. Seems next week will be a dull one, mostly CE/PE time-decay ploy - Swing between 600 and 700 before making directional move.
Hold the yellow and keep on breaking the blue with upsurge of volume - known game, just need some patience. Unless Donald Duck starts 'pack pack pack pack pack up'
Hold the yellow and keep on breaking the blue with upsurge of volume - known game, just need some patience. Unless Donald Duck starts 'pack pack pack pack pack up'
closed my last open postion witth 88 points. The rally is going out of steam, mostly due to USD-INR spike, and ripple effect of crude. Volume is not supportive as per my setup. Hence out.
SGX is flying high, but not sure if my exit was timed bad again. In fact, I added a short at 750, looks like will be roasted tomorrow morning. closing and sustaining about 788 may lead to more upsurge. No point in being stubborn.
SGX is flying high, but not sure if my exit was timed bad again. In fact, I added a short at 750, looks like will be roasted tomorrow morning. closing and sustaining about 788 may lead to more upsurge. No point in being stubborn.
It could not. The churning was going on for long time (switch to hourly). break of 788 was the key, which it failed yesterday with sharp volume drop - and that caught me on wrong foot. Good I was flexible to recognise my mistake and got out (actually reversed at break of 788, got some slippage, its ok). Otherwise, staying short would have been nightmere. Now, unless we come back inside 10788 - 10640 zone, it is an open sky.