A lot has changed from my last post. The most important change being the reversal of trend. till my last post i was saying that the trend is down. but the trend is up now. the 100 DMA is looking up, also the Nifty has crossed the 100 DMA quite. so now the trading strategy has changed. We need to start buy on support and sell on resistance. So where is the support on Nifty. I think that the support is at around 3000 and then at around 2800. So just want for the market to correct to those levels and then buy. At this point it may look like the markets will never correct to those levels. But that's not the case. The markets fluctuate and this bull run will be followed by a bear run as well. so just be patient and wait for the opportunity to come. It will come...
