jackson_philips

A look at higher TF

Short
jackson_philips Updated   
NSE:NIFTY   Nifty 50 Index
I was just looking at the Monthly Chart and the Big Uptrend had to correct somewhere.
I've seen this happening in many TrendLine breaks, such a huge RED Candle break is usually followed by another Midsized RED Candle.
So this month shows a HUGE RED ******g Candle, and I'm going to assume that the Next Month is also going to be RED and it is very well possible that we will see the light of 7000 - 6500 Levels. ( LOOK AT FIB LEVEL ASWELL )
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If this happens, it is not really a permanent gloom & doom situation. I for one will be investing at least 50% of my wealth and then wait for the next 10 years.
Comment:
Close to 14L in RED, Still holding :(
Comment:
Close to 6L in RED, Still Holding :)
Comment:
Added another 5 short. Total 40 Lots Short :)
Comment:
Still holding Apprx 20L in RED
Comment:
Still holding. Approx 19L in RED.
I have 2 more days for April Contract Expiry :(
Trade closed manually:
Exit with approx 1000 Point Loss :(
30L Down the Drain.
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Will stop trading for a few weeks and CRY in FETAL Position. I guess I was overconfident :)
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