what about grand pa n grand ma..they r too old to climb this steep guess they will bring the whole family down very soon just wait for break down at 5650 to see the collapse still there may be chance to lure to trap bulls at higher levels
this month will end in -ve near to 5500 at the least .. let us see. what happens
I am heavily short right now
:clap::thumb:
Heavily short? So you believe we have already entered downtrend?
Could you pls explain the rationale behind this decision?
Just to share my views, the parents(32,9,1)/(21,9,1) stochs values are currently same @ 91.49. This is generally a strong sign of bull hold in the market(OB zone+value>90) and for downtrend to start these stochs has to start showing different values atleast followed by the child(15,3,1) running out of OB zone for bears to hold tight grip.
I believe market is like girls heart... We will go mad if we put all our efforts and try to understand it completely.... but if we go with their thoughts we both can be happy
.... like we should go with the market trend and mint money rather than trying to understand the exact levels it might touch... Thus holding long for now