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 18 Jan 2010 www.StockInspection.com

Posted by Indrodeep Banerjee on January 15, 2010

Total Views - 2110

The previous market session closed on a flat note but marginally negative after the strong gap up opening amidst a volatile trading session. Market took the support at the level of 5250.

It closed above the 5 DMA and 20 DMA levels and RSI around 60 indicating that the market is looking volatile at the current levels, and trying to consolidate around the 5250 levels before taking any decisive direction in the coming days.

Nifty finally closed at 5252.20
loosing 8 points or 0.15 %

Trading Strategy for 18 Jan, 2010

Intraday Support for the market shall be Click Here To Read Full Article »

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Filed Under: 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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