Free Nifty Signals
Trading Strategy for August 30
- Category: Technical Analysis
A few of the many lessons to be learned from this story:
The market is always right–except at significant tops and significant bottoms.Keep and open and flexible mind. When in doubt, get out. If you must have a guru, take him or her with many grains of salt Do not add to losing positions.Try every day to make yourself stronger, better and more integrated as a person.
Stay true to yourself. Lying to yourself and others, and trading on hope and prayer do not work
Most importantly, accept and recognize that you are not perfect. You are human and are going to make mistakes. Trading is the only profession where losing is actually winning. BUT— unless you accept mistakes as mistakes and learn from them, you will not progress and be upside down. Unless you are able to get your trading brain out of the cave you will not accumulate regret. It is only through the true acceptance of a mistake as a mistake that we accumulate regret. This is how we learn and grow as traders and human beings.Hopefully you’re not the guy in the story — and never will be.
Thirsty Traders :Now Just have a eye on 5329 level.
Three Consecutive close below this level +Weekly close if Happens will take to 5249-5222.
-Our Down Targets were :5310-5292 & Hurdle was at 5356-5365 !!
Just see it kissed 5350 & made low of 5292.
(Now ,Those …….Who Sold with stop of 5365 ,Again Minted TONS of Money )
Last Close :5296.60
Below 5329……………..Doors are Opened for 5249-5222 level !!
Today ,Support @ 5274————-5256 ,5249 level.
(Rising Trendline Connecting 4760 & 5034 ……..will give Crucial Support at 5200 )
Hurdle at 3DEMA @ 5332 7DMEA @ 5360 -LAXMAN REKHA !!
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