While NIFTY is managing to hold at the top, MACD has given a new high, now this adds more strength to the prevailing bullishness which indicates that the bullish move is likely to continue for some more hours. What this means? A new high on NIFTY is for a calling. Wow! Isn't it amazing that a intraday trade has gone into such a long journey. The last we have had these type of move was in July 2009, a repeat has come just close to a year from the previous event.
This is why it is said in the financial jargon, only the event changes the patterns remain the same. That is human psychology.
Value zone moves up to 5284-5323 which has locked 250 points profit to our trend long trade. There is no one to thank, it's your discipline to trade your system that has given this rich reward.
No comments:
Post a Comment