Trade Plan March Series :

How was your yesterday ?
Haha don't worry ,  things happen.
Stock Markets intellect cant be challenged , not me not you not even Google.

"Market does the most obvious thing in a most trickiest way , every time "

Remember the daily channel you used to look a fortnight ago ?
Such Long Channels failure is always validated with Heavy Volumes and major falls.
I was trying to call for such days 10 days back when we broke the channel if you remember my black friday or black monday posts.

Nevertheless , who knew the most obvious thing had to come in the name of budget trigger.

Call me if you see any charts which says DONT SHORT , let it be nifty or any script.
But , I will prefer to wait.

Let , the storm settle. Let a relief rally come. Its a short on rise market. But how much rise ? No one can answer , because channel breakage is validated now and short is the key .

Market may rise , beyond we can expect , don't short in hurry.
Don't even Long for relief rallies , Just wait or pick some Index Independent Stocks like United Spirits etc.

I have a serious belief , lots of big pockets have sold their deliveries yesterday.

"If after a long attempt , prices fail to take out previous highs or returns back from around it , don't be confused , its going way back to take out its previous lows"
                           -Alexander Elder

SS