General Trading Chat

pareshR

Well-Known Member
Market gives us 2 good moves ,1 in the morning session and 1 in the afternoon session.In between these,the market goes in a dull period.The move in the afternoon session is likely to be a stable move which may continue in the next trading day. This move comes after 1:00-1:30 and likely to be much more durable.It is also observed that around 2:30 the market takes a correction and then the final move starts.Traders call it 2:30 factor.

On strong trend days,we get many good moves all through the day in the form of breakout from consolidation,wide range bars etc.

Just a few general observations.

ST


dronachchariar was teaching the boys(Kauravas and Pandavas) archery and one by one he called them to shoot arrow at a parrot he has ties at the top of a tree.
He called Duryodhana and asked him to point the arrow at the eye of the parrot and shoot. But before the shooting he asked him what he saw. Duryodhana said he saw the parrot, bird, his brothers and others.

One by one all of them said the same. None of them could shoot the bird. Finally Dronachchariar called Arjun to shoot the parrot and asked him the same question.

But Arjun replied that he saw only the eye of the parrot and nothing else. He shot the arrow and it hit the eye of the parrot and brought it down.

ST Sir have Arjun eyesight , This shows the concentration and attention to the work bring results.
 

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