General Trading Chat

headstrong007

----- Full-Time ----- Day-Trader
MCX Crude near 52 week high! A strong breakout and the sustainable fresh high in Crude would be bad for Nifty...
Now crude is also a deciding factor of Indian Market threatening to breakout 52 week high.

Today Nifty faced resistance around 38.2% of previous fall from 10478.
 
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Most people (experts and novices like me, both) believe that the bottom has arrived. I feel that we might at least see a time correction and there's no hurry to re-enter. But with this, there is the risk of missing out. FoMO.
 

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