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Nifty 50 Not with standing – Never Fight The Trend

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Market Chooses to Continue up… We’ll Follow it

 

The Market is Great School which always teach us it’s Secrets IF we willing to learn and accept its reality, Nifty 50 Friday move has recently teaches us with another chance to learn this lesson

I have noted lately there are ample Signs and Cycles indicating that market can Top heavy and that Top could be indicated once a certain Price level gets penetrated to the downside

However Prices are reality and they just didn’t continue below are warning levels.

Instead, prices regained strength and then broke above the previous High price, We don’t abandon all reason, however. Instead, we continue to use our excellent price following techniques & methods in order to detect the next critical turn and to protect ourselves accordingly.

Have great weekend !

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About the Author

Divesh Jotwani is a Full-time trader in the Indian stock market. He has spent over 20+ years researching and discovering WD Gann's methods and applying them day in and out markets.