NIFTY UPDATE

NIFTY. Keeps on Expanding its Patterns on Upside! All,the,Patterns are signaling Upside! As I said earlier,dont worry about Upside,Targets. Focus on Supports. Nearest Support on Triangle would come at 18,000. On Spot! So as far as 18,000 holds things are fine. Geometrically we are entering a Tough zone above 18200! Vibration Supports are far lower from current levels. So shorts are out of Equations. It’s important for us to follow a Trading Method which is Subject to Activity not Subject to Probability. Assumptions are not good for Traders they are good for Forecasters! Better to keep Motions and Emotions out of Your Trading Plan! And Focus on Mathematical Principals to survive and grow as a Trader!

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