Monthly Archives: August 2008

SBIN Short Covering can see Higher levels

By | August 24, 2008 1:33 pm

SBIN Looks Bullish in coming 2-3 days.It has Got support around 1309 and now it faces resistance around 1367 after than next resistance comes at 1395-1400 and than 1435 SO its better to go long on SBI with a Tgt of 1395- 1435 levels. Keep trailing the SL

"Zurich Axioms" :12 rules that can save you further losses.

By | August 24, 2008 11:10 am

First Major Axiom: On Risk“Worry is not a sickness but sign of health. If you are not worried, you are not risking enough”.Adventure is what makes life worth living. Every occupation has its aches and pains. The rich have to worry about their wealth. But, if there is a choice between remaining poor and worry-free,… Read More »

Trading Calls For 25-29 August

By | August 24, 2008 11:01 am

Nifty Views updated in Charts given below Trading Calls Buy SBIN above 1367 Tgt1 1391 and Tgt 2 1420 SL 1330 Buy Axis Bank above 685 Tgt1 696 Tgt2 795 SL648 Buy TATA Steel above 591 Tgt1 601 Tgt2 619 Sl581 Sell Infosys at 1741 Tgt1 1700 Tgt2 1680 Buy RNRL above 98 TGt1 100… Read More »

Nifty weekly Chart for 25-29 August

By | August 23, 2008 1:05 pm

WEEK GONE BY_____________Support was expected & suggested(last week) at previous resistance trendline(now support trendline) around Nifty 4230, Nifty bounced from 4248 on Friday,contrary to expectations. WEEK AHEAD___________Nifty has taken supports as expected, but still weakish. Nifty is strong/weak above/below 4370 for the week. Nifty very weak on close below 4200, very strong on close above… Read More »

RIL – RNRL GAS DISPUTE

By | August 22, 2008 6:53 pm

By SP Tulsian Reliance Industries Ltd. (RIL) K. G. Basin gas supply dispute with Reliance Natural Resources Ltd. (RNRL) being heard by a Division Bench in Bombay High Court, took a new turn, when one of the judge on the Bench, Justice Mr. J. N. Patel, asked, why the brothers in dispute could not approach… Read More »

22 Rules of Trading

By | August 22, 2008 5:02 pm

We give you Master Trader Dennis Gartman’s 22 Rules of Trading, many of which you can apply to all sorts of life situations, as well as the markets. 1. Never, under any circumstance add to a losing position…. ever! Nothing more need be said; to do otherwise will eventually and absolutely lead to ruin! 2.… Read More »