Hero Honda Hero Honda share has been trading in downward channel,yesterday hit the top of channel. Share was unable to cross and close above the falling trendline indicating rise was backed by short covering only. Buy above 1726 Tgt 1742,1753 and 1768 SL 1713 Sell below 1695 Tgt 1681,1676 and 1667 SL 1700 Bharat… Read More »
Its always said Confidence is the part of successful person.Having Confidence in ourself a person can do wonders, Same applies to trading also. Types of confidence among traders: First, is what I call ‘false confidence’ That’s the person who talks big and poses like a big shot. This type of person often takes big risks… Read More »
Colgate The share price of Colgate has been in downtrend after making a life high of 1578 For the past few days, the stock has been trading in downward channel and has bounced from channel support 1254 with High volumes.From past 3 days stock has been forming higher highs and is at channel top from… Read More »
What is the Barometer of success for a trader ? Any guesses… There is only a single way you can define your success, By Counting your Real Profit. Real Profit should never be confused with un realized gains or Unrealized loses as there are all on paper. Real Profit is the money which moves out… Read More »
When a trader takes a trade, they experience wide range of emotions from panic in case trade is nearing stop loss to Greed when trade is nearing target thinking “Aur upar jayega abhi Hold karo” This attitude of trade lead to looses. Yesterday ie. Budget Day many traders did not book profit when Nifty/stock were… Read More »
1. Bulls make a little. Bears make a little. Pigs get slaughtered In other words, do not be a greedy trader. If you are a bull, don’t expect to get in at the bottom and out at the top. If you are a bear, don’t expect to pick an exact market top and ride a… Read More »
New traders may get lucky for awhile and bad traders may win big in the short term but in the long term the market gives every trader exactly what they have earned. While traders can win in the long term with many different types of robust trading methods a trader with no self control will… Read More »
General Budget will be presented by Finance Minister P Chindbram on 28 Feb.Budget is one of the most awaited events from stock market perceptive.We see Nifty trading in wide range of almost 150+ points and volatile moves will be seen. As most of retail investor will prefer trading the Option Route to trade ( They… Read More »
Traders who trade financial markets should also know when to stay out or not to trade. Trader should trade when opportunity arises based on his trading system and trading strategy. Knowing when not to trade is also a vital part of trading plan .Wait for opportunity to come think of Sachin he does not hit… Read More »
Trading is a fascinating job, As a trader there is no need commute to work place, No Boss to Nag you, no project deadline. You are your own master and you decide when to work and when not to. Many people heard stories of traders make million in short frame of time, and get attracted… Read More »