One of the big mistakes traders make in low volume/low volatility environments is looking for the next big move, rather than planning for the lack of movement.
To accomplish that planning, traders either need to trade short term swings opportunistically (intraday swings) or extend their holding periods to seek larger moves that ride out the shorter swings.
Last Close : 7825
Now SGX Nifty at 7757
No Need to change levels @ all.On Diwali Mahurat Day…..We had written this :
Break below 7780 level with volumes ……………..Today or on Friday will take to 7749–7739 level in panic !
3 Consecutive close below 7845 will take to 7709—————-7660 level in panic !
Today’ Hurdle at 7832————7842.
Yes ,Decisive Crossover with volumes above 7842 (Today/Friday )will take to 7873–7883 level in hrs only.
After Breaking 3 & 7 DEMA on 28th Oct……………….It had never crossed these levels.
Now 3DEMA @ 7887 & 7 DEMA @ 7972 level.
Will it Break 7700 first or Will Cross 7900 level in next 2 sessions ?
No comments :
Post a Comment