“Every winner needs to master three essential components of trading; a sound individual psychology, a logical trading system and good money management. These essentials are like three legs of a stool – remove one and the stool will fall, together with the person who sits on it. Losers try to build a stool with only one leg, or two at the most.” Alexander Elder
LAST CLOSE @ 5752
TRADING BELOW 5760...........ONLY BEARS...........PANIC FALL ON CARD
BULLS LAST HOPE AROUND 5730-20 LEVELS
IF BREAK AND SUSTAIN...............DONT KNOW WHERE THE INDEX HEADING TOWARDS ???
CLOSING BELOW 5730-20.............BULLS IN TROUBLE......SHARP SELL OFF ON CARD
ANY WAY ......IN INTRA...........STAYING AND TRADING BELOW 5760
WILL TAKE TO 5730-------5703----------5675
THEREAFTER TARGET LEVELS ARE 5660 AND 5645
SUPPPOSE BULLS ABLE TO HOLD AND MANAGE ABOVE 5760 WITH VOLUME FOR 10-15 MINUTES
WILL TRY TO HIT 5780----------5805------------5815---------5825
Subject To Disclaimer