- Nifty has managed to get above MA(100)
- McClellan Index has managed to get above EMA(59)
But, lets say we missed the train (once again)...... Now what shall we do?
The next low risk opportunity shall come near 9000 area. No one should miss that opportunity as after that barrier is broken then we expect market to go crazy and quickly reach our initial target of 12000.
But if we expect market to go higher then why not enter between now till 9000 area?
We need to understand that our entry into market needs to be near low risk area in order to minimize our losses. By entering into market based on assumptions without any basis can lead to losses in the event market takes a bad turn. remember, markets do what they want and we need to follow them, NOT have illusion of commanding them.
Market in full bullish action...