Dear Anil sir,
todays nifty closing is above the red support line. Does it have any positive consequence ?
Dear dipankar,
That was the data till yesterday....Today we have newer evidence and newer facts to trade with.
So the chart i had uploaded today is the new reading. Yes as long as its holding my daily SAR value i am positive, but momentum is not with me to hold longs.
This is contradictory signals i am getting it. The elliott wave readers called it as a 'B' wave..where reading movements get difficult with increase in volatility.
Anyways, i had told the scenarios in my prev post...so i am with it...