Dear tsunil4u...
I have a feeling the main objective of this thread and traderji is for us to learn T.A,there is absolutely no scope for fundamentals or rumors in this thread...There were days when inflation jumped from 5 to 7,yet markets cheered it,the sole reason being technicals were strong.I think this is one of the reasons for senior members to ger irked,coz they want us to learn technicals and no deviations in between.
We only trade on technicals,we dont care if inflation is 10/20/100,all we care for is our stop loss/profit objectives/targets nothing else and the rules of the game...Let manmohon resign,if we are technically strong markets will cheer the news else will crack media can cook their own stories for the cracking or cheering,our job is to trade.
Please correct me if am wrong so that we can get over this misconception that i have...
all the best!