Friends.

Right now I am busy with some other work hence not able to post much on Stocks and Commodities.

But I wish all the best to you!

However becareful there is one person who has duplicated my blog by just adding a new letter to his/her blog.

The blog has posted and shown how indicators can be failure specially one posted on end of July where they have shown Nifty has gap and also some 100 DMA resistance going through gap.

Nifty just sucked up all resistance and DMA and went upto 5200 that day. On average that persons blog mostly 9 out of his 10 calls are complete failure.

I will not write down address of blog here but I am sure you can find it out if you want and also biggest thing
with so many technicals it shows how technicals are usually failure for most of people.

Technicals usually work best in Trending market but if our beloved Nifty goes 100 point up in one session and 70 point next session there will always be confusion.

Prices are always at imbalance hence prices will always move from Support to Resistance and vice versa.

Only thing that can save you in trading is Support and Resistance and not Technicals.

Techncial are always lagging and can be complete  blunder if followed blindly.

Once again best to all of you!

P.S. If you find that persons blog and see their posting just do opposite of it. You will make money very nicely with proper stop loss as per your good and proper understanding.