Technical Pitch Report for Mhurat Trading in Domestic Market

I was just spending time with charts for some good trading ideas for special session of mhurat trading. I visited to daily chart of Dow Jones ind avg.and found a nice failure of bullish swing near resistance area with a bearish bar reversal confirmation followed by stochastic over bought readings. As per these conditions it seems that today’s trading day can prove a good reversal. Failure near important resistance line with fundamental confirmation of worst consumer confidence data are suggesting that today’s day can be a final day for this bullish move and trend can reverse. All these conditions are suggesting that we have to trade with negative outlook during mhurat trading in domestic markets.

I will post another pitch report after Asian market closing . If you feel that these updates are really helpful for you then don't forget to leave your valuable feedback.

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