BNF did not display a breakout. It was making me a cautious. Indeed, all things should line up for a strong trend.
Even if all things line up, we will keep having these sudden reversals . . .
Events like today can never be foretold from price charts or technical analysis . . .
Now just try to guess what would be the positions carried by sons & nephews of the finance ministry & RBI officials,
yes not to leave out the manu, chidu & their gang of thugs
"Welcome to the world of trading . . . "Anything can happen" and will happen"
But I guess you already said that
Happy
Disclaimer:
I was not carrying any longs due to not being active for personal reasons.
but I trade BNF actively and my system was long, so today would have taken a hit of
500 points