Sorry Guys For Late Post. This is screenshot From date 13 june 2011 TF-06 11.
As Already told ,this is not a suitable week for trading .Therefore I am not making daily analysis .Anyhow
Things to be noted :
1. On June 13 , Market Reverses from 772 as already told it was a numbering support . Please read last post too .
2. On June 13 ,Overall trend was not defined because lines were parallel and too close.
In such situations , Neither BUY nor SELL is STRONG
. It is advisable not to enter market when lines are too close and overall trend is not defined and market price is between those lines (See the Circle)
eMaster@ Big Boss Trading
admin@yotrading.info
www.bigbosstrading.blogspot.com
