Wednesday, June 23, 2010

NIFTY dip –flat-up----down and into the dumps.

Previous hour had a buy call, now a reverse has come and the beauty is that we were not filled into a long position. As we write, NIFTY goes higher taking off day's high while we are awaiting signals. Swing system is in sell and will not permit longs as the price closes below average. Rating is bullish and the chart will not allow to trade long as we have a Red Impulse.

That's the beauty of the system; it somehow managed to keep us off from an indecisive market. Though a 100% filter is not possible every point saved is a gain made, am I right. Kudos to our Bravisa rating analysis method.

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