How old traders from Gujarat view muhurat trading?
They give lots of importance to High and low of muhurat trading day
Anything trading above high of muhurat trading.. will likely to remain bullish till Uttarayan (14th January)
Opposite is for trading below low of muhurat trading

Then.. same rule applies for High and low of Uttarayan means 14th January..
Trading above high of 14th January will remain bullish till diwali and trading below low of 14th January will remain bearish till diwali according to view of old traders from Gujarat...
They use the word...
Muhurat ni ken teji ma padi
Or
Muhurat ni ken mandi ma padi...

Same way..
Uttarayan ni ken teji ma padi
Or
Uttarayan ni ken mandi ma padi..

More from Screeners

Time for a new thread on the possibilities I am looking for.
Do read it completely to understand the stance and the plan.


1. The moving average structure - Many traders just look at the 200 ma test or closing above/below it regardless of its slope. Let's look at all the interactions with 200 ma where price met it for the first time after the trend change but with 200 ma slope against it


One can clearly sense that currently it is one of those scenarios only. I understand that I might get trolled for this, but an unbiased mind suggests that odds are highly against the bulls for making fresh investments.

But markets are good at giving surprises. What should be our stance if price kept on rising? Let's understand that through charts. The concept is still the same. Divergent 200 ma and price move results in 200 ma test atleast once which gives good investment opportunities.


2. Zig-Zag bear market- There are two types of fall in a bear market, the first one is vertical fall which usually ends with ending diagonals (falling wedges) and the second one is zig zag one which usually ends with parabolic down moves.

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