I was waiting for 4720,4700 zone to initiate my low risk additional big entry..but because of global rally..my level not come and missed the good opportunity to initiate heavy positions in big lots..actually this 4750 to 4700 is a good buying zone, and
this 4700 level is a confirmed bottom, so i had started buying in this zone after exiting from all my shorts positions(told my blog readers to exit from short positions near 4720 in 4-10-2011 nifty post), and wants to add big lots in addition to this initial good quantity positions,, exactly near 4700 because, at this level your stop loss is almost your buying price..or just 10 to 25 points, with risk reward ratio is in between 1:15 to 1:30 ...............Any way this happens so many times because our mkt heavily connected with fii's actions,.and their decisions totally depends on global factors not in line with our technicals,so we have to live with this facts..our technicals alone is not working.Just accept it,and find your proper way.
