There is no trading – classroom or otherwise – that can prepare for trading the last third of a move, whether is the end of a bull market or the end of a bear market. There is typically no logic to it; irrationality reigns supreme, and no class can teach what to do during that brief volatile time. The only way to learn how to trade during that last third of a move is to do it, more precisely, live it.
Paul Tudor Johnes
Overvalued, undervalued, expensive, and cheap are the most overused and abused terms in the stock market. For the most part, growth stocks couldn’t care less about valuation, and the people who buy the fastest-growing companies do not focus on valuation either.Stocks that are trending up will always be considered “expensive”. In both good markets and bad, there is only a limited supply of good companies.—-Howard Lindzon
-Yesterday Boldly written :Below 5863 level it will slide to kiss 5852-5833 level.It kissed 5838 & taken U-turn !!
Our Intraday Buy Call @ 5879 with Target of 5920-5930-5950————5960 !!
No Need to Change levels :Just Read ,Remember & Save it !
6010 is Laxman Rekha-Three Consecutive close above this level +Weekly close above this level will take to 6349-6462 level.
Our Crucial Support at 5863.Break & Close below this level for 2 Days……….Nonstop Slide upto 5779-5751 level very soon.
-Above 5930 level ,Our Target is of 5961—————-5971 !!
Yes ,Now Crossover and stays above 5971 for 15 minutes or more will take to 6003-6013 level.
Support at 5915.Break will take to 5894—-5887 level.
-9th Week (From Coming Monday )will see Unexpected level in Nifty Future !!!
-More Details ,Intraday levels to our Subcribers-
Updated at 8:12/19th Dec/Baroda/India