HNS pattern can form,, we have to be very careful about it..
In monthly chart all volume and the position made before in this month, all are vanished,,
We are standing on a edge, just edge.
Any negative closing on Monday can trigger a long down side..
Though i am not expecting that as of now.
I initiated long position today, just few minutes before closing..
Why i told "powertrader" not to take any stop lose , because stop lose cannot give money, but stop and revers can give..
It is oversold in intraday, expecting bounce back from Monday..
Not pointing out any up side target at once. Just posting few words only and will post Tomorrow or day after..
We can gather tomorrow morning after 9.00 AM at " Just Nifty" for more conversation.
We will not trade with any biased focus, we will trade for business..
Lot more thing have to analyze first , then only we can come to a conclusion,, because its a typical situation formed. Its a challenging scenario, but have to win any way..
Jai MA DURGA..
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