BHARTI AIRTEL: Grab it !

Bharti Airtel is ruling at 314. As you can see it is forming a strong bullish invert head and shoulder pattern. Above 336, it will catch fire and confirm the pattern. A fast surge could add another 40 bucks then after ultimately crossing 400 in days. ...

WHY ARE YOU TRADING AND INVESTING IN MARKETS? Welcome !

If you want Trading & Investment Advice because… 1.     You want to generate extra/side income source 2.     You want to build a long term portfolio for your family and kids 3.     You want to increase your standard of living 4.     You want to participate and benefit from the Indian economy and growing stock markets 5.     You have a certain risk capital and you want to try it on stock/commodity trading 6.     You are...

TATA CHEMICAL: It's not looking good this time

TataChem has strong support at 290-300 level. Below that freefall will take it below 250 in few sessions and even 5-15% intraday cuts possible. Investors should hang on still as the fundamental of the company are intact. Sell only if sustains below 299 and gives close on weekly basis. Then after sell on every rise as far as it remains below 299. 299 is its multiple bottom support level. The analysis of MACD, and RSI are convincing this time that...

This stock can fall further down. Exit investments

ICRA LTD. is ruling at 993 levels. It has been over 1500 without any fundamental reason. We see the stock price weak in next few months or even for more than a year from now on. Exits from investment based positions are recommended. The stock is a 100% exit if breaks 975 level. And closes below 955 on weekly basis. It will take support at 790 only then after. In the given chart you can see how it risen with support of a cup and handle pattern span...

STATE OF MARKETS: About Turn OR About Turn ?

The 1st About Turn means 'Will the markets resume its rally?' or the 2nd About Turn 'Will the markets resume its downturn persisted throughout February, and March? ' In our last article, we clearly wrote about the 5971 level. It still is the most important level before 5758 and 5480. We believe this level has been held after a corrective last week on the back of global markets profit booking (how do you understand when some thing is a profit booking...

NIFTY INDEX AS ON 11 AM 23 MAY 2013

Nifty decined from above 6200 due to a tell-a-tell bearish engulfing type of pattern.WE EARLY ALSO SAID MKT VERY BULLISH WHEN IT CLOSE ABOVE 5971. After it rallied above 6200.  Now watch out for 5971 level again if it breaks below that than market can drift down upto 5770 level support. It looks like if market is going to give correction then it will be led by international market correction. But go short only if nifty remains on the given...

WHAT TO DO IN IRB INFRA?

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NIFTY SPOT CHART AS ON 14 MAY 2013

NIFTY SPOT CHART AS ON 14 MAY 2013 Please enlarge to view. ...

ALL TIME TOP GOLDEN RULES FOR TRADING:

ALL TIME TOP GOLDEN RULES FOR TRADING: 1.     Always trade with an actual stoploss. 2.     Trade with adequate capital. Otherwise you can easily lose out early. 3.     Make a trading system of signals which determine your entry and exit. Don’t do it on your hunch or guesswork of market and stock moves. Test your trading system/rules until it proves itself wrong. 4.     Never...

How To Develop A Trading System?

How To Develop A Trading System             How to develop a trading system and what are the key “ingredients” in a trading system.  The word ingredients is interesting because I think that trading plans or systems should mimic the way we might bake a cake – meaning, it’s important that there are very specific steps involved in taking a trade  setup, and that you need to know exactly what...