You are watching Sun TV network and this is Vanathi reading the news. Chart looks interesting as it has RSI hidden divergence in it. Bearish or bullish? Browse the net and find out the answer. People who have 20, 25 plus years experience in trading please dont ask me what is RSI hidden or unhidden divergence as you can not be taught about it. How can I teach you when you cant learnt it from the market itself? I wonder what you have done in all these 20, 25 yrs!!! Market failed to teach you how to be humble it seems. Ok, lets come back to the chart. Buy above 820 with the stoploss of 814. Targets are 826, 831 and 839. Sell below 812 with the stoploss of 817. Targets are 807, 800 and 795. Is this intraday call or swing? Come on, suit yourself, check with your trading plan. Stay tuned with Sun TV, till we meet next time! Dear viewers, support me to get such interesting news in Sun TV Netwrok :)
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RBI policy meet today. Market will be clueless and volatile.
Trade active
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1 st target reached!
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2nd target reached!
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Fact : A trader never teaches his trading strategy to others. An analyst wont give his best calls for free.
Trade closed: target reached
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Trade closed at 2nd target!
Comments
Gururajr
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JUST BEcause a person has been in the market for 20 to 25 years does not mean that he would know everything about RSI (hidden or unhidden)...the person may be dealing in the market only with fundamentals and not technicals. the divergence between fundamental and technical way of thinking market has emerged strongly in the past 5 years or so. Rest all the way it was only fundamental and history. Coming to SUN TV, it makes an interesting reading..
vanathi
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@Gururajr, That person mocked at me and said all his friends that I dont know divergence. If I made a mistake in my analysis, he should have told me directly, instead of laughing.
Gururajr
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@vanathi, do not ever carried away with these useless comments and rise about that. We are not God not to make a mistake..after all it is your view that you are putting forward and someone may contend with a different set of OE. We have found your analysis interesting and many ideas to work out. Have a happy and profitable trading day.
What will be the loss if a trader teach his trading strategy to other or an analyst give his best call for free? Its due to only human nature or something different.
vanathi
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@anand19, Everybody's mindset is different. And their trading strategy should be according to their mind set. One person's strategy may turn as another person's tragedy. People dont realise the value of the things they get, when it is offered free to them. So no best free call.
anand19
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@vanathi, I agree by your words but its not only the complete picture.