The market will reward your discipline. Let’s face it, the market is one disciplined son of a gun. When it says it is going to crush the bears with their death cross and the bulls with their golden cross it does. When the market says a bearish economic report does not matter I am going… Read More »
The D day has arrived RBI deciding the fate of Nifty. Why i say so is Every time move by RBI will lead to trending moves in our market. Last Meeting when RBI raised the Interest Rates by 50 BPS Nifty was at 5700 Levels near its 200 DMA. After that Nifty is trading now… Read More »
Human emotion is both the source of opportunity in trading and the greatest challenge. Master it and you will succeed. Ignore it t your peril. Nifty Hourly Nifty had a roller coaster ride today Rising almost 90 Points than falling -30 Points, Volatility is at its peak. Trend is down but its very difficult to… Read More »
Successful traders only control three things all the time: Initial Risk, Exits, and EMOTIONS… Nifty Hourly Nifty Hourly chart has shown a Rising wedge formation. The Pattern is active and shown its effect in Friday’s correction The rising wedge is a bearish pattern that begins wide at the bottom and contracts as prices move higher… Read More »
It’s not by making large profits that money is made over time. It’s by consistently keeping losses small in relation to profits. We make Profitable trade we get excited next trade if we are losing money Most of traders keep holding it in HOPE of getting back to profit and mostly it never comes and… Read More »
One should see the market for what it is and not what one wants to see it. Educomp Solution Educomp has been in news for all bad reasons. IT raid has been a black spot on the sanctity of promoters. As I keep on saying Charts discount everything as its the Statistical representation of Human… Read More »
Global Economy has got some more shocks to live with in the coming week Issue1: U.S. Authorities SUES 17 BIG BANKS for $196Billions OVER MORTGAGES during SUB-Prime Crises Issue2:“GREECE” IS BACK as Germany and other Creditors not satisfied with Austerity measure and next round of bailout in on HOLD Nifty Hourly Nifty Hourly Chart has… Read More »
Stopping out of losing positions is the only sure way to maintain survival in difficult conflicts and to achieve the complete victory that is your aim. To learn how to live to fight another day is the best advice that all traders can be given. Nifty Hourly Nifty Hourly resisted at Hourly Resistance of 4931… Read More »
In markets, waiting for an opportunity is also Trait of Investor. One should not wait for a bottom as it will come only 1 Day rather wait for market to stabilize before committing your money to Mr Market. Nifty Hourly On Hourly Chart we are seeing formation of Falling Wedge Formation with Resistance at 4796… Read More »
Nifty Series expiry generally brings more pain to the people who are already in pain. For August Month Nifty has traded in the Range of 5552-4796 which is a 756 Point Range. This month, bulls are in pain – as if someone have bought at 5400 he is also down by 600 Points if the… Read More »