@Friends,
I would like to ask you, if last 2 ticks(12:05-12:10) in bank nifty were able to catch by technical analysis?
Thanks
rip07
@Xray
Bro!! How do you handle when you are in position, and sudden spike comes in reverse direction (surely you place SL first, but in case of mental SL then?).
and today midnoon spike was possible to catch in BNF by TA (Pivot method etc)?
Thanks
rip07
Yes, it is possible to catch the level but not the timing (at least for me), which is more important than the level itself.
If you believe me and my words
Then my setup gave me levels (and I noted down in my trading diary)
a BNF level, that was a few points higher than the actual (spike top)
and
an NF level that was a few points lower than the actual (HOD).
Then why I didnt request baba ji, (de do baba ji)
There were few reasons
Major being,
My confidence was badly shaken because of last 2 days happening (bungee jumping incidents)
:lol:
I normally do not request baba ji for more than 70/80 points in BNF and 20/40 points in NF
I was not sure about the timing, as market was in downtrend and trying to move up and I did not want another bungee jumping incident :lol:
Cheers