Re: Saint's Intraday Miniflow - live discussion
3rd time in as many days(might be 4)..it has given add trigger and then reversed...
MOnth end is closing soon.. just 3 more session.. Is that the reason, it is taking very narrow path..?
Looking at options.. 4500 seems to be support & 4600 seems to be resistance..Highest sold options at these levels..
The market tests all the traders on such days/weeks.
Traders not following MM, are shaven clean on such days.
Traders having weak faith in their methods are for the most part left faithless.
Small time traders, with small pockets, looking for pocket money to buy the next Nokia model are disheartened.
Once this job is done, the market takes off unidirectionally for a day or two carrying along the devotes. It rewards them and them alone.
Or so I have seen and believe. You too make your choice.
Amit.