Thursday, July 26, 2007
Welcome to Black Friday!
As promised , we did not recommend buying in these two days as the market was liquidity driven rather than on fundamentals.Day trading was tough as stop losses were triggered too often.The turnover over the last three days has been exceptional. Bear traps were set and executed quite nicely.But where does that leave a genuine investor? Probably in a no trading zone! Tomorrow its going to be a really nasty surprise.Buy on those dips that are sharp and swift.We are not seeing 16000 in a hurry anyhow.
Adhere to strict stop Losses in order to safeguard your interests.For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.
Adhere to strict stop Losses in order to safeguard your interests.For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.
Monday, July 23, 2007
Results to play a major role!
The Indian Markets are trying not to follow the global indices. The open interest in the market stands at 90,000 crores as of now which is not very heartening. The correction if it does take place will be very sharp.As the July series is coming to an end , it is going to be extremely volatile even if the nifty remains range bound.Action will be seen in individual scripts.Better to respect the market and stay away from short trades.
No intraday tips for today.
Adhere to strict stop Losses in order to safeguard your interests.For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.
No intraday tips for today.
Adhere to strict stop Losses in order to safeguard your interests.For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.
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