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 25 Jan 2010 www.StockInspection.com

Posted by Indrodeep Banerjee on January 23, 2010

Total Views - 629

The previous market session closed on a weak note after a huge gap down opening amidst a highly volatile trading session. Market took the support around the level of 4960.

It closed below the 5 DMA and 20 DMA levels and RSI around 10 indicating that the market is looking weak and sentiments down amidst negative global cues.

Nifty finally closed at 5036
loosing 58 points or 1.14 %

Trading Strategy for 25 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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