SENSEX- Distribution zone 20355 to 20450
This is the major area before this or between this area sensex will see large distribution and again bears will control the market.
there is simple technique of Higher tops and higher bottom and lower top and lower bottom sensex has already start making lower top and lower bottom .
apart from this green channel is for buy and red channel is for sell which works well on both side and currently there is SELL in this signal
as a professional trader i can only say exit in this rally and wait weather market makes higher top-higher bottom-crossing green channel and invalidation of head and shoulder then we have to re think about the next move.
We all must move along the simple idea that all forecasts are an imagination of the future disciplined by observations of the past and as new evidences presents itself on the table be humble to adjust our anticipations accordingly.
I don't know whether you and I should expect such low levels but the Charting Principle suggests it and till the market proves it wrong it might be better to be prepared for the above scenario till a better one is clearly emerging.
This is only for education and Information only,please consult your financial adviser Before Trading and investments in market.
Thanks And Regards
Nishesh jani
Professional Trader & Investor
www.zerodelta.in
This is the major area before this or between this area sensex will see large distribution and again bears will control the market.
there is simple technique of Higher tops and higher bottom and lower top and lower bottom sensex has already start making lower top and lower bottom .
apart from this green channel is for buy and red channel is for sell which works well on both side and currently there is SELL in this signal
as a professional trader i can only say exit in this rally and wait weather market makes higher top-higher bottom-crossing green channel and invalidation of head and shoulder then we have to re think about the next move.
We all must move along the simple idea that all forecasts are an imagination of the future disciplined by observations of the past and as new evidences presents itself on the table be humble to adjust our anticipations accordingly.
I don't know whether you and I should expect such low levels but the Charting Principle suggests it and till the market proves it wrong it might be better to be prepared for the above scenario till a better one is clearly emerging.
This is only for education and Information only,please consult your financial adviser Before Trading and investments in market.
Thanks And Regards
Nishesh jani
Professional Trader & Investor
www.zerodelta.in
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