Hi friends, i have been getting lots of questions on where i am and why i havent been seen in the chat room.
well, i am in Netherlands for the last 2 months and will be here till 1st week of june. have come here for official purpose.
due to huge load of work & time difference, i havent been able to trade much.
i have been staying in a hotel here, however will be moved to an apartment in a week's time, and i promise to come to chatroom daily from then as i will have complete internet access :-).
now for the markets -
Again a dip & a pull back. these pull backs have started to scare me now, there will be a day where we may expct a similar pull back, and we may never really pull back.
i am totally out of positional trade, and will take up positional trades only once this range breaks.
for now, till 2690 holds on closing basis, i wont try shorts, and will short only if we get a closing below 2690 levels.
for intraday 2730 will be imp, and nifty will trade strong crossing it.
Resistence - 2730-2760
Support - 2690-2672-2645
(EOD chart attached, All Future Levels)