YESTERDAY DRY DAY TODAY NO CRY DAY TOMMORROW FRIDAY

Dear all,
yesterday being the post budget day no entries we got. as per our consolidation theory the candle sticks should pass through minimum two consolidation lines. Yesterday it was so narrow and danced around one consolidation line. Thanks for consolidation theory for making me to avoid the entries.
Today is no cry day because we got three entries all selling. today one more good thing is the NIFTY AND BANKNIFTY OPENED IN RED. Therefore, for any reason we should not go for long position. If we take a sell entry and even if market goes up it will touch the next resistance consolidation line and again it will show a down trend. Thatswhat happened today.
expecting a better tomorrow
Happy trading
M.Ramesh