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October 5, 2009
June 15, 2009
Shorting is common sense now !!
- US markets ended Lower
- SGX Nifty down
- Indian Markets were up from so many weeks and were looking tired and closed lower in last 2 days .
What does that mean ? SELL on small upbounce with tight stop losses . No great analysis needed here . Just short !! .
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- SGX Nifty down
- Indian Markets were up from so many weeks and were looking tired and closed lower in last 2 days .
What does that mean ? SELL on small upbounce with tight stop losses . No great analysis needed here . Just short !! .
Continue Reading
June 14, 2009
Wait for BUY , Sell on pullbacks
The Pivot for nifty today is around 4535 . SGX Nifty is trading about those levels and India Markets are also expected to go lower today as other Asian markets are also trading lower .
Nifty seems to be tired now and it would be a healthy for it , if it corrects itself now , otherwise it will become more vulnerable for a big and sudden fall later .
If you see 9 months chart , ADX seems to be falling now from many days indicating that its tired now and the momentum is declining .
If you are looking for buying , wait for short term . If you want to short , do it on pullback on intra-day .
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Nifty seems to be tired now and it would be a healthy for it , if it corrects itself now , otherwise it will become more vulnerable for a big and sudden fall later .
If you see 9 months chart , ADX seems to be falling now from many days indicating that its tired now and the momentum is declining .
If you are looking for buying , wait for short term . If you want to short , do it on pullback on intra-day .
Continue Reading
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