Fibonacci technique Fib retracements Fibonacci Ratios are drawn in above chart from 4555-5633 showing Fibonacci support and Fibonacci resistance. 5945Fibonacci resistance on Weekly basis Fibonacci fan As discussed earlier Fibonacci fan helps in finding potential tops and Bottom of market from short term prospective. If we see the chart closely with Fibonacci fans 5930-5945 is… Read More »
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Nifty is hitting fresh 52 week highs and small and mid caps stocks have been roaring ahead. Now we had bull run in 2000 and 2203-2208 and the current rally from 5200-5800, As it has before same will happen this time traders will have paper profit and will not be able to realize it and… Read More »
Read it even if u are not much into investing …it’s a good read..interview with Warren Buffett He Speaks Now, It was a wonderful experience listening to and learning from the Master Investor- Warren Buffett himself and all I can say is that he stands alone as the reigning deity of financial world’s Mt Olympus!… Read More »
The cheetah, while the fastest animal on the African plain and can outrun any of the prey it feasts upon, always chooses to go for the young, weak, or sick. Once identified, he attacks with laser-guided focus and effectiveness. It is only then that the kill is most likely. That is the epitome of a… Read More »
1. FIIs bought 5906 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 161.85 cores with net Open Interest increasing by 16920 contracts. 2. As Nse Nifty Future was up by 9 points with Open Interest in Index Futures increasing by 16920, so FIIs created fresh longs again in longs of Nifty… Read More »
India’s dynamics are changing drastically and with the advent of PC traders are preferring Online Stock trading which help them to keep track on there trades. As an Old saying goes Smart work is always better than Hard Work same holds true for Stock trading. Online trading is all about putting your knowledge to work.… Read More »
1. FIIs bought 786 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 14.3 cores with net Open Interest increasing by 6630 contracts. 2. As Nse Nifty Future was down by 7 points with Open Interest in Index Futures increasing by 6630, so FIIs book profit in longs of Nifty and… Read More »
The purpose of trading is to make money. Every action should bend to that goal. That does not mean every trade makes money. It means every trade gets to closer. If you are looking for comfort, get a teddy bear. If you are looking to be right, play trivial pursuit. If you want excitement, drive… Read More »
The market was buffeted by strong gusts of news-flow last week from political drama. First Mamata Di’s no confidence motion kept traders on edge and disruption and no functioning of parliament was a double blow to market sentiments.With a slew of bills on economic reforms slated for passage in the winter session, such adjournments are… Read More »