After a day full of technical glitches, I hope we resume normal trading from today. There can be several theories for the glitch & we can make many post out of it but for time being lets look at result oriented task.
When scrips, which showed volatility are ok to trade again ? This was the most frequent question I got yesterday. Intra Guys, never worry. Nothing Changed for Us. Positional's till those wicks are filled with some orders n market covers up the space, wait. Ex: SBI looks ugly n screwed.
Fib extension reversal so I expect 50 points pullback in Nifty & 9730's will be good pickup point for Us to get into the trade, its bit weaker zone that's why having another zone below it at 9700's. But let's wait for the trade setup to happen as expected, if Bulls decided to run from here to upside, Buy on yesterday high break only if you have proper trade setup which you have tried already.
Happy Trading !
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Un-Lucky Days Back to Back , though we are Right on Direction.
@InsiderB because i am trying nifty 50 from yesterday !!! thinking of going back to my BN trades :(
InsiderB
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@abose, I know its you, you only the Reason Lol :) Ha ha Relax man, 2mrw will be Good. Be Strong on testing times !
abose
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@InsiderB, you don't realize it maan, see you get setups every bloody day. I am the monkey of the first order who is sitting on his back and seeing nifty go up up & away and not trading it. for you its nothing but for me its heartbreaking ;(
InsiderB
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@abose, Ah ! from when you started reading neuro-biology ? Don't take much stress on this... if you check here in tradingview itself 2 weeks back, most setups failed, No panic nothing, Do what we do, that's it. Then only we can sustain, if we get emotional & try to catch this move on seeing gap-up, we might have made 20 points but someother day this lack of discipline will screw us.