December 20, 2013

This is one lousy market...

If you had gone on a vacation in SEP and come back... you would have missed nothing as a positional trader. NIFTY today is exactly where it was 3-4 months before.


Above ROC shows nifty has gained barely 3% in 20 trading days and 4% in 50 days!


And the chart...


The 30 min line charts however give the impression that trading could have been possible and perhaps easy... except for the fact that the line charts do not show the wild gaps.


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