This is my trading file to organise and jot down my take on the market .I do Technical Analysis. This blog is to keep track of my baby steps so that I can look back at my journey .Looking back tells me how far I have come from days when I knew nothing and can go further .It gives me motivation to keep going on even when I am tired. One has to back up trading with their own studies. The charts I post here are 99% inspired from Ilango sir.



Thursday 12 January 2012

12 Jan : 12:00 Close .

At 12 close :

Hour Closing at 12 @ 4812 and HLema @ 4824 .
So a sell generated . With SL = Close above HHema 4855.

4838 is the high made in the previous hour . A Close above it ..I will be cautious.

Fast Macd has crossed below the zero line for now ..Ss cut the 80 mark downwards.