Re: Time to Stick my Neck Out ,Nifty 7300
Many of our members have not seen a true Bearish phase.
Ending arm of the 5th Wave in EW.
Max we have seen a 4th Wave correction in an uptrend.
Hence this is a Gr8 oppurtunity to Experience that.Mkt will be there & we will be always Trading.
The concept has been ingrained that Buy in Dips,the other side of the same coin is Sell in Rallies.In any Intra-Chart it is vividly clear for last few days that people are Selling on Rallies.
Hence as in Buy we try to maximise with Lower Entries,now we have to maximise by Higher Entries.
Until any HL & HH is confirmed we will have to do these only.