EARLY MORNING LOSS OF 160+ points = DANGER

so early losses of 160+ points on nifty, that too after breaching  important level of 5355 on the downside, THAT TOO so early in the morning, INDICATES something VERY VERY FISHY

be VERY VERY CAREFUL, while going for a long at ANY LEVEL.

Keep strict strict SL of earlier nifty spot low

YEST. FOOD SECURITY BILL got passed by LS, which is being never never ever liked by markets.

TO express its concerns for passing out the food security bill , MARKETMAN CAN DO ANYTHING

THODE KAHE MEI JYADA SAMAJHNA

SAMAJHDAR KO ISHARA KAAFI HAI

the EARLY MORNING LOSS of 150+ points HINTS something very very very important.

OM SAI RAM

P.S.- my intention only caution, apply ur own brain/analysis for a trade. i wont be responsible for any missed out trade/losses. keep trading with strict strict SL on any side. SL is the only saving grace in this kind of choppy market.

JOURNEY RESTARTS

With the blessings of LORD SAI, i am restarting the journey today

Short CESC @ 282, SL 287, tgts below 277, Panic starts below 271.

Short idea cellular 162, Sl 165 . tgts 153-152. Panic below 157, not deep panic

OM SAI RAM

P.S. -i wont be so regular to update the blog. the trades once posted are valid for intraday only, till they stopped out, booking partially or fully at the given targets completely depends on one's discretion. I prefer trade to be carried till EOD or till stops out.

Disclaimer - post is for observation and studies only, i wont be responsible for losses, if any , arising due to trades taken by oneself, out of my trading views posted.