Wednesday, July 14, 2010

Breakouts must be respected

The Nifty has broken out of a 15 day trading range. Any breakout, up or down must be accepted as the wisdom of the market.

1 comment:

bkm said...

Excellent : your view on nifty --> no bias , every move must be taken as it comes .

None of the chart stays in a range, one must have patience.

On reading your blogs I appreciate your patient and calm views on blog as well as on CNBC TV18.