Long or Short Opinion

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rajputz

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Nifty Spot daily has a pivot high at 5372. if nifty manages to close above it on daily basis, then we can see a rally to upside.


 
Dear rajputz,

Retail and small traders like us need to avoid breakout and break down trades. Also broad market is range bound, so may be it may not produce good result.

It will always give panic!

Happy trading!
 

rajputz

Well-Known Member
Dear rajputz,

Retail and small traders like us need to avoid breakout and break down trades. Also broad market is range bound, so may be it may not produce good result.

It will always give panic!

Happy trading!
Doesnt Matter ST. Its signal. We Either take it or leave it. 5380 is still facing the resistance.
 
Doesnt Matter ST. Its signal. We Either take it or leave it. 5380 is still facing the resistance.
Dear rajputz,

Not about today's trade. Also I am not saying that breakdown/breakout trades do not give profit. All I am saying, it would give panic before giving money. When these trades give money, give big money. But somehow it may not suite to our attitude and account!

Happy trading!!
 

crown

Well-Known Member
Big brothers
namaste
my newly customized indicator showing lack of momentum in Nifty right now
Therefore, I will avoid any entry (either long or short) til I have some momentum building in the Nifty in any direction.
Please do not take my words for your trading. I am just posting to gain confidence and understanding.
thanks again to all
 
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