Nifty had a fantastic start of year up 12.6% till date rising on back of equity buying by FII and value buying seen by HNI and retailers. FII has pumped in 8000 cores in Jan Month alone,One of the biggest buying streak seen in recent times. Next week will be an interesting trading week as… Read More »
Bank Nifty Bank Nifty will face litmus test today.200 SMA @9466 High till now is 9455. Bank Nifty was a good short in opening but i was unable to update timely. Sell below 9721 Tgt 9698 and 9634 Reliance Industries RIL moved above 100 SMA@792 in morning and made a move till 812… Read More »
The very successful traders have a great attitude about losing. They know it’s going to happen. They don’t take it personally. If anything, they try to find learning experiences from losses. Elsewhere I have written about how good traders view a losing trade as “paying for information”. A trade with an edge that doesn’t go… Read More »
Reliance Industries RIL declared a pretty bad set of numbers and Ambani known for there shrewd business tactics covered the bad result goof up with Buy back with a max price at 870. So When Promoters itself do not consider the current valur of company more than 870 as per current business scenario. To add… Read More »
2012 started with a bearish noises all around and traders shorting stocks index on every rise. Investors were not deploying cash thinking of getting stocks at more lower levels. But market always move against the mass psychology and its Proved TRUE yes again. Nifty is up 9.2% in January 2012 Till date.In fact, this is… Read More »
The Week Ended up with the inevitable,long due and bold decision by S&P Rating agency: Downgrade of EU Nations Standard & Poor’s carried out a mass downgrade of euro zone countries on Friday, stripping France and Austria of their top-grade AAA ratings, Nine of the 17 members of the euro area had their credit… Read More »
What is gambling? Some dictionary definitions: the act of playing for stakes in the hope of winning (including the payment of a price for a chance to win a prize) a: to play a game for money or property b: to bet on an uncertain outcome to stake something on a contingency : take a… Read More »
The Opening Week of New year 2012 was won by Bulls as Nifty closed up by 2% in a range bound and dramatic closing of week as market was open on Saturday also. One interesting observation i found out on Facebook thought of sharing with readers On 6 Feb 2010 Markets were open on Saturday… Read More »
Happy New Year 2012 to all Site readers. 2011 came to an end on dismal note with Sensex recorded its second worst performance in the last 14 years, second only to 2008 .BSE and Nifty is down 24% making it one of the worst performers in the global stock markets. The real pain is… Read More »
If you have to panic, panic early because in market eventually everyone panics. Reason: The pain just becomes unbearable and the fear of unknown forces one to get panicked. Looking at the waterfall decline on Friday sessions the screen is just telling me that may be that’s what seems to be happening as Nifty made… Read More »