ICICI Bank ICICI is facing resistance at its rising trendline and forming a symmetrical triangle. Buy above 1154 Tgt 1162,1174 and 1196 Sell below 1140 Tgt 1127,1118 and 1105 REC Limited REC is again facing resistance at its rising trendline. Buy above 248 Tgt 250,252 and 255 Sell below 242 Tgt 240,238 and 2363… Read More »
Don’t take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don’t be an impatient trader. PTC PTC is showing very bullish sign as it took support at 71.5 which is support of rising trend line.… Read More »
There are many unnatural things that happen to a market. But underlying it wants to find participation equilibrium. It means cutting out the weakest leading the strong lower and allowing the few to pull everything higher. The problem is cycles are getting shorter and power is not as concentrated. If you are confused, imagine how… Read More »
Don’t take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don’t be an impatient trader. Axis Bank Axis Bank came with good set of number. Stock took support at crucial level of 1110 which shows… Read More »
In any particular trade you never really know how far prices will travel from any given point. If you never really know where the market may stop, it is very easy to believe there are no limits to how much you can make on any given trade. From a psychological perspective this characteristic will allow… Read More »