Long or Short Opinion
- Thread starter rajputz
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Actually y i am considering this a trend reversal, is that CCI gives very less nuances in Nifty. Once it gives a pattern, it follows it and very less chances are there that it will hit stoploss on daily charts...may be the market remains sideways but chances of going up are more....Even if the volumes are low, what we need is price going up...that much volume is there to sell or buy 20-40 lots at one instance...so even if it is going on low volume, i will try to ride with it....once it reverses, i will wait for next opportunity...
For most of the 19th and 20th centuries, the United Kingdom uniformly used the long scale,[3] while the United States of America used the short scale,[3] so that usage of the two systems was often referred to as British and American respectively. In 1974, the government of the UK switched to the short scale, a change that is reflected in its mass media and official usage.[4][5][6][7] Although some residual usage of the long scale continues in the UK,[8] the phrases British usage and American usage are no longer accurate nor helpful characterizations.
http://en.wikipedia.org
http://en.wikipedia.org
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