Is a classic example of human psychology...
Today.. everyone was in the view...market will go up and cross 17600 range.... such a way human mind has been fixed, based on the situation last 3 days... so, everyone was over-confident..
However, other side, price action was decided something else and killed everyone's view today...
Moral of the story..... human psychology always wrong....nature is superior....follow the nature....
Since from morning, we had tracked put option for entry....11 o clock, we got the buy setup....and market fallen.
But, honestly, not expected fall more than 300 point...fallen 1000 point from high...
Today pattern...after bottom consolidation....11 o clock sequence change...entry established.. nothing wrong in the fall today... (your mind is fixed with upside move..... don't fix your mind and view the market...follow the "nature" number and trade)....
Thanks to Geetha and Sheetal for the "alarming message" in the market hours.... thank you thank you thank you...
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