Few problems with rising trend
trendline broken 3600-3990
Rising channel intact 4180
swing trend/sl intact 4140
strong stocks which i want to be long on
aban,mcdowell,patni,relcap,srf
litl in a bit more of a decline closer to 166-170
sl remains 160
problem with nifty is
i know the following levels will be touched
4100-4400-4600-4900
this year
I just don't know in which order :))
p.s emotional people use the word i feel.
intuitive people tend to use the phrase i know but its all connected.
Intuition comes from experience. experience is sorted in the mind through both emotions/logic.
pt remains
I don't know what comes next in nifty. so i will not trade it.
srf i just had a dream 220. Of course i am not entirely crazy :). I booked some at 174 today. just in case srf stays rangebound.
will look to buy aban/relcap/mcdowell in declines as well because they look very strong.
I think the action is going to remain stock sepcific mostly in midcaps
Nifty is fairly valued.
p.e.g of 1
a sustained move below 4240 opens 4180-4140-4030-3990-3965 etc
sustaining above 4240 reopens 4350-4400-4672-4900
expect choppy action in nifty over next few days.
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