Has Nifty made Breakout above 5169?

When a position is getting ready to stop you out at a loss, do you find yourself bargaining with the name? Do you find your frustration level rising? Do you justify the reason for the move against you, and give it a little more room, only to get stopped out at a bigger loss? Or even worse, perhaps you now find yourself sitting on a double-digit loss, and are frozen with what to do with this now sinking ship? And perhaps the biggest fear for a trader is closing out a position only to see it run back in their favor moments later. Trust me when I say that every trader, seasoned or not, has these moments when stop levels are hit and they hesitate with pulling the trigger.

Deciding when to cut your losses is one of the toughest decisions for anyone to make, but traders at the top of their game know that they always have to make the decisions they need to make, which may or may not be the ones they want to make

Nifty Daily

Global Screen looks deep green as EU leaders at last have come to some decision and Global Markets are up by 2-3%. As its a trading holiday today we have missed the Big Leg up. SGX Nifty (http://sgxrtchart.blogspot.com/) made a high of 5358.


I am a firm believer of Charts discounts ...


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