‘MUHURAT TRADING’ SESSION:13 NOV 2012 EQUITY SESSION : NORMAL MARKET OPEN : 03.45 PM IST NORMAL MARKET CLOSE :05.00 PM IST Nifty and Sensex Historical moves on Muhurat trading LAST YEAR MUHURAT SESSION: SENSEX CLOSE +35 Nifty +10. But the next trading day Nifty opened with a gap of 160 points and made the… Read More »
Deep jalte jagmagate rahe,Hum aapko aap hame yaad aate rahe, Jab tak zindagi hai,Dua hai hamari, Aap chand ki tarah zagmagate rahe. With gleam of Diyas And the Echo of the Chants May Happiness and Contentment Fill Your life Wishing you a very happy and prosperous Diwali!! May Maha Lakshmi bring you the true wealth… Read More »
Tata Steel Tata Steel came with a bad set of numbers and sold off on friday. Stock is near its trendline support of 384. Buy above 391 Tgt 394,397 and 400 Sell below 380 Tgt 376,371 and 365 IDFC IDFC has taken support at 20 DMA and holding 158 can see further declines till… Read More »
Nifty Fibonacci Retracement Nifty Fibonacci Retracements from 5585-5777 are drawn in above chart,Major support at 50% retracement at 5680 and Resistance at 5703. Nifty Fibonacci Fans As discussed earlier Fibo Fans helps in finding potential tops and Bottom of market from short term prospective. If we see the chart closely Nifty has formed a swing… Read More »
Monday, November 12 US Economics (Time Zone: EDT) No major reports – US bank holiday Global Economics (Time Zone: GMT) 00:30 AUD Home Loans 06:00 JPY Machine Tool Orders Tuesday, November 13 US Economics (Time Zone: EDT) 07:30 NFIB Small Business Optimism – consensus 92.8, prior 92.8 10:00 IBD/TIPP Economic Optimism – consensus 54.0, prior… Read More »
A true piece of wisdom. In my experience when I trade well it is like shooting fish in a barrel. Almost everything works. I don’t need to be overly patient with positions. The money comes in very fast. That’s exactly how trading should be. The exact opposite was the case during the first 2 months… Read More »
It seems like only last night everyone was celebrating more hope, if not much change. Now comes the hangover. The Dow Jones intraday drop is now 2.23% (and rising), greater than the biggest drop so far in 2012 record on June 1. The last time the market plunged as much: literally one year ago, or… Read More »
There’s a lot of uncertainty about the outcome of this November’s U.S. presidential election. That uncertainty extends to the impact of U.S. elections on stocks prices, judging by the voluminous and often contradictory research on the topic. The most frequently cited paper, according to Davis, is a 2003 article in the Journal of Finance by… Read More »
Nifty Fibonacci Retracement Nifty Fibonacci Retracements from 5217-5815 are drawn in above chart,Major support at 61.8% Golden ratio at 5585 and Resistance at 5687. Nifty has closed above 5687 which is 78.6% retracement. Nifty Fibonacci Fans As discussed earlier Fibo Fans helps in finding potential tops and Bottom of market from short term prospective. If… Read More »
4 November :Cipla announces Q2 results on Monday. 5 November 2012. Tata Power and Reliance Infrastructure on Tuesday. 6 November 2012. Hindalco Industries and its US unit Novelis Inc. unveil Q2 results on the same day. 7 November 2012:Bharti Airtel and Tata Motors unveil Q2 results on Wednesday. … Read More »