SMR below 20 for consecutive 2 session. so i m not advicing trading with negative bias. divergence seen today with mkt falling and SMR too, 2nd time i have seen this in this year. [:O]
so as said earlier, stick to no positional trade for time being.Do just Intraday. also SL at 2835 was hit. atleast i wont advice negative trade as of now and that too positional.
I m sure this is WAVE D of Elliot goin on with great volatility and huge set of optimism
Rest market is supreme
Tuesday, March 24, 2009
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