India Declared its GDP yesterday and it was the slowest in past 18 months.Given the way Stock Markets are falling in August one got reminiscence of 2008 Crash and pain the investor went through. Now Given the way things are panning out in Europe and USA we can have 3 Outcomes 1. Slow Growth 2. … Read more Can India Sustain another recession
Stopping out of losing positions is the only sure way to maintain survival in difficult conflicts and to achieve the complete victory that is your aim. To learn how to live to fight another day is the best advice that all traders can be given. Nifty Hourly Nifty Hourly resisted at Hourly Resistance of 4931 … Read more Are Bulls Back on D-Street?
Traders always a dilemma of What Stop Loss should be kept for there Trade.For putting your Stop Loss In trading –you need to keep the structure of the market in mind. Right Now we are in Volatile times so your Intra day trades should have a deep sl as If you see Nifty it give … Read more Trading Levels:HDFC,HPCL and Kotak Bank
In markets, waiting for an opportunity is also Trait of Investor. One should not wait for a bottom as it will come only 1 Day rather wait for market to stabilize before committing your money to Mr Market. Nifty Hourly On Hourly Chart we are seeing formation of Falling Wedge Formation with Resistance at 4796 … Read more Has Nifty Formed Short term Bottom?
Successful Trader Have an open and Opportunistic mindset and they Never Speculate the Price they just trade the price as per there trading plan. Bank Nifty Bank Nifty on Daily Charts has been falling from past 11 Sessions a Straight fall from 10500 -9100 Level a Fall of almost 1400 Points. Bank Nifty should always … Read more Technicals:Bank Nifty,Reliance and ACC
Nifty Series expiry generally brings more pain to the people who are already in pain. For August Month Nifty has traded in the Range of 5552-4796 which is a 756 Point Range. This month, bulls are in pain – as if someone have bought at 5400 he is also down by 600 Points if the … Read more Nifty August Expiry Levels
The safe way to double your money is to fold it over once and put it in your pocket. Nifty Hourly On Nifty Hourly Chart Market resisted at the channel resistance @4965-76 levels and gave a quick fall. Today the Gap of 4893-4932 got filled and Hourly Indicators have become overbought. Support will come … Read more Has Nifty made Short Term Bottom?
Bank Nifty Bank Nifty has corrected almost 800 as soon as it broke the Level of 10017 which we discussed in Previous post and Today made the low of 9224. Bank Nifty is Highly Oversold on Charts and Relief rally should is offing if Bank Nifty closes above 9527 Levels. WE should always respect trend … Read more Technicals:Bank Nifty,M&M and ONGC
Excitement is the first & last enemy of traders/investors. Keep a lid on it in this Volatile times. Nifty Hourly Nifty on Hourly Chart is moving in the trending channel as shown in above chart and touching the bottom on downward trendline@4800 before giving a 50 point jump in dying hours of trade on Friday. … Read more Nifty Weekly Technical for August Expiry
Bears Ruling Dalal Street with Nifty crashing to the most talked and Sacrosanct Level of 4800. I have came across many traders who have lost a fortune while trading and few people who made a fortune. Trading is a profession in which you require a Army like discipline and a peaceful mind with temperament. 90% … Read more Stock Trading as a business