Nifty gaps down again in its "(iii)"rd of the iiird wave..

When you take a step back from the "Intraday movements", there is an orderly movement in the market on most occasions once a trend is in place; the chart has only once a "whipsawing phase".

To take advantage of the signals produced from Day T/F along with the higher T/F alignment, you need to have patience; you can develop that patience by "always keeping the larger picture in mind" while watching the smaller T/f movements.

If you have followed "Reading oscillators" from our "Labels section", you would not get unduly perturbed by the persistent "Oversold conditions"; the dotted stay of this lead indicator under the "20 mark zone" is another confirmation of strong trend; You have seen such dots in Hour., now in day....be watchful of it in weekly charts.

Before you make one comment., before you raise one more doubt, please read..read..and read again & again the write ups under "Applied technical analysis", "Reading Tech Table" and many other write ups in this blog over the past 5 years. "These colours don't lie".

I have not been keeping well since Sunday and this silence has brought out the "Best" in some and "worst" in some. We, all, learn something about ourselves everyday. Let us not judge ourselves harshly. Start a new day but with good preparations.
If you read the good stuff, store them and reread them when your confidence gets lower.
Those who learnt the "Pivot trading" last week, would have benefited applying the same this week.
For the current week, God himself has chosen for me this "silence" which fits quite well for 3rd wave.
Make the most of your stay here.