Few Trading ideas

GTL Infra an excellent Trade is making.Range Breakout with volumes. Tgt 43 45 48 sl 38 Refer the above charts Sesa Goa after a good run up corrected last friday on some FCCB news Now technicaly speaking stocks is a good buy in range of 251 -245 sl 235 tgt 267 277 282

Nifty Technical View

Hi All, Seasons Greetings to all Blog Reader The Week gone by was an expiry week and Nifty ended up the week at just 0.33% up.In absolute terms we have outperformed our peers where all Asian markets were down between 1-3% we were up by 0.33%.Till how long this out performance can continue? China’s Market … Read more

Short-term trading and survival

 Hi Readers,Happy Dussera to alll. For all my readers i am presenting maxims which if implemented can be a great help. 1. It’s all about survival. No platitudes here, speculating is very dangerous business. It is not about winning or losing, it is about surviving the lows and the highs. If you don’t survive, you … Read more

Murphy’s laws of technical trading

John Murphy Murphy’s laws of technical tradingIntroductionJohn Murphy’s ten laws of technical trading explain the main ideas to beginners and streamline the trading methodology for experienced practitioners. The precepts define the key tools of technical analysis and show how to use them to identify buying and selling opportunities. 1. Map the trends. Study long-term charts. … Read more

NIfty Technical View

CLICK ON IMAGE TO ENLARGE Nifty after taking support at 4906 today made an intra day high of 5016.It has keep it head above 5MA at 4984 but in the process broke the Channel in which it was trading. Now Scenario which is emerging is it can break the today’s low and can take support … Read more