'Just Like That'

Hey Guys,

I am back... 'just like that'. There are many things to share as to where I been, what was I doing and what are future plans, etc. All those things can wait as I actually had a look at the charts today after a longggggg gap. Not many charts and not many indicators; just NIFTY.

To cut the long story short, on a daily chart NIFTY is in trouble. On a weekly basis however we have some margin before all hell breaks loose. Lets just hope that NIFTY doesn't breach 5950 on a weekly closing basis (if you are a Bull of course).

I am terribly out of practice so am not posting any charts today. Hope to do that soon.

I most sincerely apologize for taking off 'just like that' but I sure am happy to come back 'just like that'. Please forgive me 'just like that'. It can and will only get better from here.

Support and Resistance

My apologies for not making the post as promised. Having some trouble getting the global charts as I want. Nevertheless I can tell this much that last week we have formed a doji on NIFTY indicating first sign of 'halt' in this rally. Expect some sideways movement if not outright downward.

Even my Twitter handle is having some trouble tweeting a image hence posting Support and Resistance Levels for 01st October here in the blog.

There could be some issue with Java and/or flash, both of them, I updated to latest version. Will sort it out soon but I can say that if at all I am trading October series, I am trading it on short side.

Happy Trading.