Golden Rules for Traders

Came across this interesting article Sharing with all of u. 1. Forget the news, remember the chart. You’re not smart enough to know how news will affect price. The chart already knows the news is coming. 2. Buy the first pullback from a new high. Sell the first pullback from a new low. There’s always … Read more

Trading Ideas for Short Term

Educomp Solution: The top five holdings for Goldman Sachs Invest Mauritius were LIC Housing Finance , Lanco Infra, CESC, United Phosphorus and Educomp Solutions. GoldMan Sachs was in news for Wrong Reason and we can see a selling on the Scripts Held by the Company. Educomp Solutuion is showing good support at 100SMA,which i belive … Read more

Face off SEBI V/S IRDA

From Saturday night Royal battle is on between two of the biggest regulatory authorities of India – Securities and Exchange Board of India headed by CB Bhave and Insurance Regulatory and Development Authority (IRDA) headed by J Harinarayan over Unit Linked Insurance Plans (ULIPs) What Happened? SEBI shocked the industry by banning 14 of the … Read more

Nifty Weekly Technical

Coming week will be a a crucial week for markets, as IIP-data for Feb.2010 will be announced on Monday 12th Apr, consensus estimate is 15.75% as compared to 16.7% previously. Lower IIP for feburary could prove to be a dampner. Following day on Tuesday 13th Apr, IT major INFOSYS will kick-start earning season for Indaian … Read more