The problem is the trigger, even after the trigger price is breached, the order is not immediately executed. For some reason, it takes its own time especially when it is a large qty .. so should not take that risk..
Market is not showing any breaking out.. it is trapping more and more bulls currently.. once all are completely fed up then only there can be a breakout..
It needs to cross 26880 on BNF for even a small breakout
Market is not showing any breaking out.. it is trapping more and more bulls currently.. once all are completely fed up then only there can be a breakout..
It needs to cross 26880 on BNF for even a small breakout
In the morning it was just going down.. like a pack of cards... now it started moving up and almost 120 points from 1 hour back.. 26,850 to 26,970
Got in today little above breakout and got out just now i.e 26885 to 26950 .. I somehow feel this is a sideways market for 1-2 days.. .. but its only a guess ..