DON’T HOPE AND PRAY. IF YOU DO, YOU WILL LOSE.
When I was a new and undisciplined . trader, I cant tell you how many times that I prayed to the Bond god. My prayers were a plea to help me out of a less-than-pleasant trade position. I would pray for some sort of divine intervention that, by the way, never materialized. I soon realized that praying to the Bond god or any other futures god was a wasted exercise. Just get out!
(Updated on 01-06-2012 Time 8.50 AM)
As written yesterday below 4920 market remained under pressure.
sustained trading Below 4885 will drag NF down up to 4844-4826
4932-4949 are strong hurdle in intraday.