Bull's are sad that they are not getting any bounces and bears are sad because they exited early.
Well today was a low volume day if I compare with the previous day's and NS fell just without any news --- Looks like the smart money is chasing the retailers who have bought deliveries in the fall. Also to note that very acute positive divergences are developing which cannot be ignore. The Classical approach of MACD has never failed and this time too geared for an up move.
Nothing more to add as my Bias is still bullish and expecting the fierce rally any time very soon.
It is still buy the dips only -- No change as such .
Bottom's up Friends-- Have a Great Day
Well today was a low volume day if I compare with the previous day's and NS fell just without any news --- Looks like the smart money is chasing the retailers who have bought deliveries in the fall. Also to note that very acute positive divergences are developing which cannot be ignore. The Classical approach of MACD has never failed and this time too geared for an up move.
Nothing more to add as my Bias is still bullish and expecting the fierce rally any time very soon.
It is still buy the dips only -- No change as such .
Bottom's up Friends-- Have a Great Day
PT SIR Iam buying continuously but what should be level where we should put down our towels.
ReplyDelete@JSRM -- Last stop is 7460-7420 range --- 8600++ in contention very fast very furious
ReplyDeletethanks PT sir
ReplyDelete