DLF DLF which we covered few days stating till stock is unable to close below its 50 DMA stock is buy on dips, Stock rewarded the readers with an 15% rally in 6 trading session from low of 250 to 288. Stock is approaching its rising trendline at 290,short term traders should lock in profits… Read More »
If “A Trader” wants to make profits on consistent basis, it very crucial to learn the art of filtering ” the noise that separate us from the actual price action.” Basically for a trader its just “Trader V/S The Market“. What many traders don’t realise is that, their success is really down to their ability… Read More »
Nifty has been rallying from past 1 week, 260 points in 5 days. Most of traders were bearish were holding shorts. With such sudden spurt many traders are caught of wrong foot and now finding it difficult to cut their trading looses and go with the main trend. The fear most of traders have What… Read More »
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 »