“Deciding when to cut your losses is one of the toughest decisions for anyone to make, but traders at the top of their game know that they always have to make the decisions they need to make, which may or may not be the ones they want to make” Opto Circuit Opto Circuit would be… Read More »
NMDC Symmetrical Triangle Formation with breakout above 179. Buy above 179 Tgt 183,186 and 188 Sell below 174.5 Tgt 171,169 and 166 Ge Ship Ascending Triangle Formation in GE ship with base formation at 235 odd levels.Breakout above 249 will lead to initial buying till 254 odd levels. Buy above 247 TGt 249,253… Read More »
Systems don’t need to be changed. The trick is for a trader to develop a system with which he is compatible. I don’t think traders can follow rules for very long unless they reflect their own trading style. Eventually, a breaking point is reached and the trader has to quit or change, or find a… Read More »
Nice Article to Understand How Greece Exit will affect Financial market Of all the British newspapers, it’s probably safe to say that the FT most accurately reflects the way of thinking in Europe. It’s certainly not a euro-sceptic paper, so it has no vested interest in presenting things in a more negative light than… Read More »
General Anti-Avoidance Rules (GAAR) is the buzzword for every trader in Indian Stocks, Indian Markets have lost almost 10Billon$ of funds because of lack of clarity on GAAR.It is feared that the new rules could lead to a significantly high tax liabilities for FIIs, even if they route their funds through tax-friendly jurisdictions. Besides, the… Read More »
The April Series has been listless series which can be best summarized as the series of consolidation after a Topsy turfy ride in volatile march series. Consolidation is an integral part of market which is very much required before next big move. May Series promises to be a month of big moves. Lets jump into… Read More »
“One of the most difficult things about trading is not to trade. That is probably one of the most common mistakes that people starting out in this business make. Overtrading is as bad as running losing positions for too long.” Patience Perhaps one of the hardest aspects of trading to master. Often times newer traders… Read More »
Almost everyone says that discipline is a requirement to succeed in trading. But most people never talk about what really underlies that type of discipline. The answer……true self-confidence. Larsen Tubro Larsen and Tubro is forming a symmetrical triangle which is a precursor of a decisive move coming in LT. Buy above 1294 Tgt 1314,1330 and… Read More »
Moving Average Convergence-Divergence (MACD) was originally constructed by Gerald Appel an analyst in New York. Originally designed for analysis of stock trends, it is now widely used in many markets. MACD is constructed by making an average of the difference between two moving averages. The difference of the original two moving averages and the moving… Read More »
Getting into a trade is like jumping into a fast-moving river. The opportunity as well as the danger is in the water. You are safe standing on the bank and can control where and when to jump, but getting out of the water can be more tricky. You may see a spot where you want… Read More »