Dear all,
yesterday being the post budget day no entries we got. as per our consolidation theory the candle sticks should pass through minimum two consolidation lines. Yesterday it was so narrow and danced around one consolidation line. Thanks for consolidation theory for making me to avoid the entries.
Today is no cry day because we got three entries all selling. today one more good thing is the NIFTY AND BANKNIFTY OPENED IN RED. Therefore, for any reason we should not go for long position. If we take a sell entry and even if market goes up it will touch the next resistance consolidation line and again it will show a down trend. Thatswhat happened today.
expecting a better tomorrow
Happy trading
M.Ramesh
yesterday being the post budget day no entries we got. as per our consolidation theory the candle sticks should pass through minimum two consolidation lines. Yesterday it was so narrow and danced around one consolidation line. Thanks for consolidation theory for making me to avoid the entries.
Today is no cry day because we got three entries all selling. today one more good thing is the NIFTY AND BANKNIFTY OPENED IN RED. Therefore, for any reason we should not go for long position. If we take a sell entry and even if market goes up it will touch the next resistance consolidation line and again it will show a down trend. Thatswhat happened today.
expecting a better tomorrow
Happy trading
M.Ramesh
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。