Since
change is ubiquitous and permanent, we might as well become experts at
adapting. We can get comfortable with change and look forward to its
permutations and surprises. We can train ourselves to become adept at
learning, unlearning, and relearning.
On
the other hand, we don’t want to be whipsawed back and forth through
too rapid repositioning. Nor do we want to keep switching methods and
systems. We need to find the balance between being steady and too
speedy a responder. We need to comprehend that markets, like the ocean,
have waves, tides, and tsunamis. Each needs to be handled differently.
We
want to make change an acceptable reality rather than a soap opera. We
need to be flexible and versatile. In being flexible we observe reality
clearly and adjust our actions. In being versatile we utilize our
trained ability to perceive and react effectively.
Volatility
in markets can be embraced as opportunity or feared as danger. That
shot of adrenaline you feel as you trade can be exciting or terrifying
depending on how you view the situation. Interpretation is at the
essential core of our trading.A good way to start each trading
day is by asking some questions: Where are the opportunities today? Are
there any impending risks to my positions? Where might the opportunities
or risks develop?
Last Close : 5729.95
Minor Hurdles at 5758—————————5768 level.
7DEMA @ 5787
Suppose not crosses 5757 (high of Friday ) then ??Support at 5715—-5710.Break will take to 5694————–5689 level.
(Below 5689 ,Watch slide upto 5674-5669 level )
If Breaks and Trades below 5662 with volumes……….Yes either Today or Next week then Nonstop Slide upto 5555——5520 not ruled out.
Read & Save it :Three Consecutive close below 5695+Weekly close if happens then Nonstop Slide in Nifty Future upto
5440-5355 not ruled out.
Major Trendline Connecting 4538 & 4760…………………………comes around 5100-5150 level !!
Will Update More to our Subscribers during Trading hrs.
