This is my trading file to organise and jot down my take on the market .I do Technical Analysis. This blog is to keep track of my baby steps so that I can look back at my journey .Looking back tells me how far I have come from days when I knew nothing and can go further .It gives me motivation to keep going on even when I am tired. One has to back up trading with their own studies. The charts I post here are 99% inspired from Ilango sir.



Friday 30 December 2011

Dec 30 10:00 am

Today 's price movements tell me to buy ...
Reasons
1) ORB( 4657-4677) broken upside .
2) Prices have moved above HL ema ( 4662) DLema(4671) and WLema (4672) .
3) Prices above Pivot(4662).
4) Indicators in OS region . so a bounce is possible.
So Buying at 4676 with SL= days's low 4657.

Breakout of channel nifty is trading in , Sar to go long hit will further confirm the direction
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