Succesful Trader cut losses asa and by doing so kept them small. Everyone will have its share of bad decisions in his/her trading career and keeping losses small in order to avoid huge losses is the toughest part. Bank Nifty Bank Nifty will be under pressure as whole Bank stocks round the world are in… Read More »
A common trait among newer traders, or among traders that are not profitable is a need for perfection. With so much noise in the media, blogs, and forums about calling tops and bottoms, one would think it’s a trader’s job to predict such things. Expecting to nail the top or bottom is a recipe for… Read More »
Bombay Dyeing Bombay Dyeing has it given a break out ? Looking at daily chart Stock has broken above its upper trending line and 200 DMA with volumes but.. 200 DMA is dividing line between BUlls and Bears. Below 200 DMA bears rule and above 200 DMA BUlls do party. The most important level… Read More »
Dear All, I would like to clarify few points on the analysis i give here on the site. Technical Analysis is all about probability and i generally give both levels buy and sell, One of Guy In Long term investor Google group pointed me you give both levels so that you can be on safe… Read More »
Nifty gave a 200 point fall and today also opening will be a gap down of 60 points looking at Asian screen which are down between 2-5%. Its a Global Sell off and today we would be breaking 4900 range which have been defended from past 16 days. Watch out for 4839 on Nifty Spot… Read More »
HI All, I was not in best of my health from past 3 days reasson for no updation on site. Thanks all for showing concerns by calling on cell and sending mail. Reliance RIL the poster buy on Nifty has woken up again yesterday and reason for 100 point jump in market.Volumes are… Read More »
The market expects you to accept losses. If you want to play in the market you better be prepared to play by the market’s rules. Accept the losses, make them small based on proper risk parameters Today’s rally in NIFTY was born out of pessimism. Every one was bearish in market and waiting for 4910… Read More »
There is always bull market somewhere even in Down trending market and Bearish market we are trading into. Hero Moto Corp Hero Motor Corp is the Real hero in the Screen of Red. Nifty is down by 4% in past 2 days But HERO is up in green and making a fresh life time high.… Read More »
No one knows FOR SURE how much profit any trade is likely to make. Fortunately, it is possible to know THE INITIAL RISK a trader is willing to lose. Kotak Mahindra Bank Kotak Bank has faced resistance near its resistance at 478 which was its previous High. On Friday stock formed bearish engulfing pattern which… Read More »
“Everyone makes an ego mistake once in a while, but only a foolish player does it often. Unsuccessful traders are always having self-delusion and wishful thinking. He can’t accept his own incompetence, so he attempts a recovery shot that’s usually beyond his reach.” Bank Nifty Bank Nifty has rallied almost 10% in past 7 trading… Read More »