its just the 5 minutes clip......look at the weekly....nd monthly ones.........am not playing intraday in today's trade.........u cant make out mondays trendline looking at the intraday trendline........
Lets see monday how the trendlines goes.....as far as i see the markets came down in d end becoz of the panic created by d blasts and about the trendline......i wud say.......after 5-6 days of around 600 pts rally.....this was a short correction for upward pullback.......if the main trend was down u wud hav been down 150 pts in the morning itself....if ril was not weak u wud hav been at 4400 in d morning.......obviously the market is not weak....timewise its too soon to say that the pull back is over....4300 has established itself as support today......when the index comes strong support u need to trade the trendline.......it needs to go 4650-4700....people need to beleive it its real...b4 its over....i am sailing with the short term trend....that is upwards......i i beleive mkts will resume the trendline
......towards 4650-4700........:d
where every 1 is buying u sell........nd where every 1 is selling u buy.......
Yesterday every 1 was buying.....i sold......
Today every 1 was selling ......i bought...
U shud flow wid the markets.....everyday views changes........but rules remain......
Regards
nj : )