PFC PFC is near its supply zone of 213-215 range. Negative divergence has shown in indicators.Close below 209 which is rising trendline support will confirm the reversal. Buy above 212 Tgt 213,213.9 and 215 Sell below 208.7 Tgt 207 and 205 BHEL BHEL is near its long term trendline resistance of 244. Stock is… Read More »
Opportunity does not travel on any schedule, you have to watch for it Trader’s job is to wait for an opportunity that can deliver explosive profits. Hence, this is a business of patience (waiting for a good opportunity). Few good trades in a month are all that one needs to make big bucks. Trying to… Read More »
One technical indicator one should always ignore: overbought and oversold. It generally has very little relevance. The best strategy – one should always have an open and neutral mindset all the time to take advantage of market opportunities SBI SBI broke 2238 made a rally till 2407 and pulled back.Now Resistance will become support so… Read More »
Market (Read boss) is always right, no matter how illogical he/she may sound. Never fight with the market. The price on the screen should be the guide, and not the price in your mind. Always have healthy respect for the market and never keep your focus away from the goal – TRADE WELL. Markets can… Read More »