Down market beware of shorts
Dear friends
Happy days are ahead for all those whoi have acted on wisdom of established elliot and bull phase. Technical analysis is being followed by large section of trading community that is predictable by markets uni direction plunge befor it carried to top of overbought.
Fundametnal and growth stocks can be monitered closely.
I m happy for my sixth sense more than technical that i donot hold stocks after 28th July.
However long term holding in panny stocks (Genus commutrade, OMNI AX, Twinstar) freezed for second day and approaching years high, surprised me as they are also establishing the technical pattern. I donot believe that penny stocks follows technical due to limited participation.
Please all of you follow time tested best technique that is vitor's 123 entery for long when ever such signal arises i m first following this for the market then i m thinking to enter in small lots with diversification in IT Communication Cement and banking stocks.
I wish u all the best.
Market volatility will be slow down from next week.
Now no more short are expected. BSE Sensex 13100 level is key for long term holding in sensex stocks.
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