Nifty Analysis & Daily Chart for 19 Sep,2013

Daily Trend is up above  5745(SAR)

Weekly remain bullish above 5632

Trailing Stop loss for SAR  5726

Bearish Engulfing Pattern @5932

Raising window support 5460,5688

Weekly Indicator is bullish and Daily Indicator has given bearish signal  in OB .

Support are 5210-5315-5350-5410-5448-5487-5515-5550-5606-5606-5630-5675-5720-5748-5840

Resistances are 5920-5970-5985-6080-6113-6150- 6187-6230-6284

Low of the Hammer are still protected 5254 and 5118 on  weekly basis. 

78.6%  of the last major fall  5882 need to crossed for trend to turn completely bullish.

Divergence on 9 day RSI Chart

"What does it mean to think in probabilities? 
It means to believe at the very core of our identity that:

1. anything can happen
2. every moment is unique
3. there is a random distribution between wins and losses on any given set of variables that define an edge

1. Each one of these beliefs will keep your expectations in line with what is possible from the markets

1.  perspective. To the extent your expectations correspond with what is possible from the markets perspective, you eliminate the potential to define and interpret market information as painful.

Ultimately

 ~ you can get to the point where you can trade from a "carefree" and "objective" state of mind where you are making yourself available to perceive and act upon whatever the market is offering you in any given "now" moment from its perspective."