IIP data came in -1.8% worse than expectation,reminding us that Indian Macros are rotting. So now we have typical situation Major Brokerages are downgrading Indian GDP data, India twin deficit are increasing still markets have been rallying from 5033 Nifty. This question troubles many traders how come market go up when things are looking so… 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.” Nifty has rallied from 5033 till 5393 without any correction and in straight line its not the first time its… Read More »
The Opening Week of New year 2012 was won by Bulls as Nifty closed up by 2% in a range bound and dramatic closing of week as market was open on Saturday also. One interesting observation i found out on Facebook thought of sharing with readers On 6 Feb 2010 Markets were open on Saturday… Read More »