Good trading is a peculiar balance between the conviction to follow your ideas and the flexibility to recognize when you have made a mistake.
You need to believe in something, but at the same time, you are going to be wrong a considerable number of times.The balance between confidence and humility is best learned through extensive experience and mistakes.There should be a respect for the person on the other side of the trade.Always ask yourself: Why does he want to sell? What does he know that I don’t?Finally, you have to be intellectually honest with yourself and others. In my judgement, all great traders are seekers of truth.
Last Close : 8142.70 ( Nov )
Crucial Support & Down Targets……………………………….8075——-8029
Minor Support at 8093 level.
3DEMA @ 8165 ,7DEMA @ 8200
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