Friday, December 12, 2014

Outlook for 12th December 2014

Daily trend of the market is down
Market has come in downtrend so the readers who had been holding longs in nifty since 31st Oct, may quit them and remain out of the market till the trend remains down
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who had created long positions in cash market on 31st October may go on holding them till the percentage above support remains more than 50%.
Strong Futures
This is list of 10 Strong Futures: MRF, Sun TV, LIC Housing, JSW Energy, PNB, Allahabad Bank, Kotak Bank, Mahindra Bank, ITC & Indian Paints.
Weak Futures
This is list of 10 Weak Futures: India Cement, HDIL, JP Associate, Bharti Airtel, Reliance Comm, Tata Steel, Just Dial, Reliance Infra, India Bulls & Real Estate.
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Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email. ________________________________________________________________

Monday, November 24, 2014

Outlook for 25th November 2014

Daily trend of the market is up
Market is moving in a good uptrend. So the readers who had created long positons in Nifty on 31str Oct may go on holding them till the trend remains in uptrend
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who had created long positions in cash market on 31st October may go on holding them till the percentage above support remains more than 50%.
Strong Futures
This is list of 10 Strong Futures: LIC Housing Finance, RECL, JSW Energy,Eicher Motors,SBI, Karnataka Bank, Kotak Bank, Bharat Forge, United Breweries and Aurobindo Pharma
Weak Futures
This is list of 10 Weak Futures: NMDC, Jindal Steel & Power, India Cements, IOc, TVS Motor, Sesa Sterlite, Godrej Industries, GMR Infra, Jaiprakash Asso and ONGC.
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Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email. ________________________________________________________________

Sunday, November 02, 2014

How to Enjoy Trading

The article below is brought to you from http://rightadvise.com/

How to enjoy trading is a multi million dollar question for all traders. Everyone loves to trade and make quick money but it is seen that this enjoyment soon changes to pain. The biggest problem we face while trading is that we constantly keep making the same mistake again and again.
It has been observed that Investors when they have a lot of money, they enter trading and by a matter of chance or luck, they earn and then they start thinking of themselves as one of the smartest traders. These new traders neither follow any money management principles nor are ready to listen to others. They would only listen to TV Channels or someone who tells them what they want to listen. If they are long, they would want to only listen the bullish news and if they are short, then they only want to listen to negative news. They will close their ears to the other view. It is like becoming a pigeon, close the eyes thinking that the Cat is not there but it does not help. This is how they lose money.
Now they try to take some help of some analyst or consultants for trading tips, etc. But the road then becomes very tough as whenever they see a small notional loss, they are first ones to run out of the position. All this happens to traders may it be in stocks, commodity, currencies, forex trading or bonds. I have seen many investors and traders losing money on various exchanges might it be commodity or stock exchanges like Nse (National Stock Exchange), Bse (Bombay Stock Exchange), Nasdaq , Nyse (New York Exchange), Mcx, Ncdex, etc.
These traders decide on some rules, but they soon forget them and it becomes tough for them to implement as they are carried by emotions, fear and greed. I have seen that a good seminar or a book might give you temporary knowledge but it is tough to sustain what is written in the book. It is like every year people take a pledge to start doing yoga and exercise in the morning, but very few follow it.
The changes you try to bring in yourself have to form a habit and then only you can follow a disciplined trading.
My suggestion to you would be to first set some small goals for trading like you would be initially trading in 20% of the current position what you are trading now. The number of trades would be limited in number every month, you will not trade extra trades. This way you would be able to enjoy trading and one can earn in trading only if one starts to enjoy trading. It is very necessary that one needs to evaluate how he or she has done on daily basis by following the rules what he or she thought. Let us say if you have to buy stocks, then your say rule is to buy on dips or once the asset class crosses 200 dma (daily moving average).
Remember you do not need to make a lot of money, my sincere advice to you would be that initially your target should be not to give loss in trading and then slowly you can start earning as if your losses stop, then only two things can happen, either you earn or you do not earn, but you do not lose.
While trading, it should not happen that you become smart only when you lose all your money, because then you would have learnt the tricks of trade at a very high cost. Though it is seen in speculative markets that people learn by paying a very high cost.
If you liked the article, you may put your comments there at http://rightadvise.com/enjoy-trading/

Wednesday, October 29, 2014

Outlook for 30 October2014

Daily trend of the market is up
Market has come in uptrend so the reader may create long positions in Nifty and hold the longs till the trend remains in uptrend
Percentage above support
Percentage of stocks above support is now above 50%, so the readers m ay create longs positions in cash market and hold the longs till the percentage above support remains more than 50%.
Strong Futures
This is list of 10 Strong Futures: BHEL,Cipla,RECL,TVS Motor,Eicher Motors, GAIL, PFC, Bajaj Auto, Indusind Bank and SAIL
Weak Futures
This is list of 10 Weak Futures: DLF, Jindal Steel & Power, Just Dail, Crompton Greaves, Unitech, Biocon, CESC, Mcleod, HCL Tech, and IGL.
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Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email. ________________________________________________________________

Tuesday, October 21, 2014

Outlook for 21st October2014

Daily trend of the market is down
As expected market is giving a counter rally. But as overall trend is still down, so the readers who had quit their longs on 25th September may stay out the market and do not create any long positions till the trend remains down
Percentage above support
Percentage of stocks above support is still below 50%, so the readers who had quit their holding in cash market on 25th September may not create longs in deliveries till the percentage above support remains less than 50%.
Strong Futures
This is list of 10 Strong Futures: Tvs Motors, Union Bank, Federal Bank, Hindustan Petro, Rural Electrifical, Finance Corp, Ashok Ley, Indusind Bank, Andhra Bank & Axis Bank
Weak Futures
This is list of 10 Weak Futures: Jindal Steel, DLF, Unitech, Mcleod Russel, India Cement, CESC, SESA, HCL Tech, Housing Development & JP Associates.
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Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email. _________________________________________________

Monday, October 20, 2014

Outlook for 20th October2014

Daily trend of the market is down
Market seems to be taking a support at current levels and may give a some counter rally. But as overall trend is still down, so the readers who had quit their longs on 25th September may stay out the market and do not create any long positions till the trend remains down
Percentage above support
Percentage of stocks above support is still below 50%, so the readers who had quit their holding in cash market on 25th September may not create longs in deliveries till the percentage above support remains less than 50%.
Strong Futures
This is list of 10 Strong Futures: Indusind Bank, Federal Bank, Union Bank, BOI, Tvs Motors, Ashok Ley, LIC Housing, Bharat Heavy Infosys & HDFC Bank
Weak Futures
This is list of 10 Weak Futures: DLF, Jindal Steel, Unitech, SESA, Hindalco, JP Power, Mcleod Russel, Reliance Infra, Tata Motors & JP Associates.
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Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email. ________________________________________________________________

Friday, October 17, 2014

Outlook for 17th October2014

Daily trend of the market is down
Market is falling down but may take support at current level and give a smmal counter rally. But as overall trend is still in downtrend, the readers who had quit their longs on 25th September may stay out the market and do not create any long positions till the trend remains down
Percentage above support
Percentage of stocks above support is still below 50%, so the readers who had quit their holding in cash market on 25th September may not create longs in deliveries till the percentage above support remains less than 50%.
Strong Futures
This is list of 10 Strong Futures: Indusind Bank, Tvs Motors, Infosys, Ashok Ley, Federal Bank, LIC Housing, Colgate Palmolive, Hindustan Petro, Bajaj Auto & Steel Authority
Weak Futures
This is list of 10 Weak Futures: DLF, Jindal Steel, Unitech, JP Associates, Reliance Infra, Housing Development, Tata Motors, Mcleod Russel, JP Power & SESA.
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Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email. ________________________________________________________________