Always Use Strict Stop Loss to Avoid Sudden Adverse Euphoria or Panic While Trading in Stock Markets

Friday, July 30, 2010

Intraday Technical Analysis with Nifty Chart and Trading Stretegy / Stock Tips for 7 Jan 2010 www.StockInspection.com

Posted by Indrodeep Banerjee on January 6, 2010

Total Views - 574

On Tuesday markets closed on a flat note after marginally positive opening amidst a volatile trading session.

It closed above the 5 DMA and 20 DMA levels and RSI around 92 indicating a mild resistance around 5300 levels but some more volatility due to profit bookings is likely to be witnessed in the coming days for the markets before it decisively starts trading above 5300 mark.

Nifty finally closed at 5281.80
gaining 4 points or 0.07 %

Trading Strategy for 7 Jan, 2010

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Filed Under: BTST Calls & Short Term Calls, Gold, Indian Markets (Nifty Sensex), Intraday Calls & Tips

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Always Use Strict Stop Loss to Avoid Sudden Adverse Euphoria or Panic While Trading in Stock Markets

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