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

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Intraday Technical Analysis with Nifty Chart and Trading Stretegy / Stock Tips for 11 Jan 2010 www.StockInspection.com

Posted by Indrodeep Banerjee on January 8, 2010

Total Views - 699

On 8th markets closed on a weak note after a flat opening amidst a volatile trading session.

It closed marginally below the 5 DMA and above 20 DMA levels and RSI around 30 indicating a some more volatility and profit bookings around 5250 levels before it starts the positive momentum towards 5300 in the coming days.

Nifty finally closed at 5244.75
loosing 18 points or 0.35 %

Trading Strategy for 11 Jan, 2010

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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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