About meHi, I always was interested with day trading. As my trading over the years developed, I noticed some common trait from the traders - they don't think like the average. They have certain ways they prepare their days only for trading success.
We are really happy about Nifty given the decent profit of 22% in the financial year 2017-18. Even in our IT industry it is the most difficult to get this this two digit number as hike in our annual remuneration. As compared to inflation in India nifty is ahead in growth perspective.
We have completed the financial year of 2017-18 and ready to welcome the next...
It's a quick 2:1 trade. BATA INDIA is moving aggressively up from last few sessions. We can plan to buy at the very low time frame for day trading call. But considering the higher time frame, this stock still looks in down trend, So maintain strict stop loss.
BankNifty is falling down from last 6 months. Short term trend is clearly down. Recently banknifty violated the support level at 24700. Prices reacting to fall from this level again. This was the level previously holding the prices up. But now index looks weak and there is more room to fall the prices. So plan for shorting opportunities in banknifty.
ASHOKLEY is strongly in up trend and momentum is also very strong. Price is trading near to strong support at 135 level. This is the price level which was taken the stock to all-time high. Plan to buy at this level in the next fall. If you observe the price action, buyers are still in a control and strong. We don't see any weakness in a broader perspective to...
NIFTY is trading in a down trend. Weakness continued in nifty and prices struggling to move up. We can expect nifty to fall till price reaches the 9700 level support. Also if we observe the price action, doji candles shows still buyers are not in control to push prices up. So plan for the short trades till prices reaches the strong support.