If you trade patterns, get out on the first push through and then re-bid or sell when everyone that entered where u did is doing their nut.
Last Close : 7644
On 1st it kissed 8006 & crashed………….On RBI Policy day told 10 times ,EXIT All Long :Sell NF ,BNF in TONS……….!!
-No worry @ all.Yes From 8006 to 7627 level in just 7 sessions only.
6 Day Non stop Down Close ,Today is 8th Day from Peak of 8006
Break Below 7627 with volumes will take to 7605-7593 level.
Yes ,Once Breaks 7593 level ………………..Watch NF kissing 7560 level in hrs only.
Chances are very very remote.
Don’t PANIC……………..@ Lower levels ,Yes if panic happens of 50-60 points too…Don’t short NF
Hurdle at 7694–7705 level.
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