Great post, traderji. The nifty may nose dive for all I care but my spirits sure lifted up reading your analysis. I have already said elsewhere that 1900-1970 is a critical support zone and we have to wait to see where the mkt leads us:-
THe nifty at nineteen hundred
Is quite d dread
That is why it is inviting many a post and many a thread
This level at a support of a different grade
Let us wait and see where the mkt leads before we trade
Though we have crossed 1970 no harm in a little poetry
Trades shall be scanty
Till nifty consistently crosses 1970
If it ranges one can hope for narrow gains- 10 points or 20
On crossing 2040, trades shall be plenty
THe nifty at nineteen hundred
Is quite d dread
That is why it is inviting many a post and many a thread
This level at a support of a different grade
Let us wait and see where the mkt leads before we trade
Though we have crossed 1970 no harm in a little poetry
Trades shall be scanty
Till nifty consistently crosses 1970
If it ranges one can hope for narrow gains- 10 points or 20
On crossing 2040, trades shall be plenty
