Arsh,
The question is addressed to ST, and he will respond. But I think it is unfair of a trader who has been on the forum for a bit of time to ask this question. As per charts it is apparent that the trend is down. Would it not be better to wait for the resumption of the main trend to trade comfortably with good RR and charts on yourside?
Sometime back ST had also posted (what I recollect of it) is an experienced trader saying : That most traders lose as they try to fade the trend. Forum can be a great way to imbibe from knowledge and learning from experienced traders - if we reflect on important lessons, post and insight shared and include it in our trading. Otherwise the forum will be only a place to read, post comments and learn nothing (akin to what backbenchers in school would do)
Saying this as your post 34531 @ 10.36 was looking for an upmove, (ignoring the trend) whereas the market gave atleast a 30 point move in the direction of the trend thereafter. What I am trying to convey is that the market will always bounce back a bit against the trend - But please, keep your eyes fixed on the full chart or higher TF. Else, even if the market will give a 100-200 point trending move, you will end up with peanuts or even a loss. Have been there and done that. Trust this of help.
ST sir, are we in a minor bullish trend now?