Monday, September 30, 2013
Sunday, September 29, 2013
Tuesday, September 24, 2013
Monday, September 23, 2013
Tuesday, September 17, 2013
Monday, September 16, 2013
Saturday, September 14, 2013
The NAMO Effect....Cheers or Jeers on Monday????
Finally....yes Finally the Aha! moment for Narendera Modi...The man ...the PM choice for BJP.
We have had The syria effect, the Raghuram effect, in the market, the big question is will we have the NAMO effect on monday????
Given that there were right noises by the corporate sector on how they want Modi, will the market Cheer or Jeer???
As a nation of a billion views and opinions we are also a nation fascinated by conspiracy theories...!
The "what if" has an oomph like quality when discussing such theories.
"What if" the market celebrates the NAMO news with a rally ( hehe an upper circuit can be left for laters!)???
"What if" the UPA by some news leak (read data) spooks the market for monday and scuttles the rally to deny the NAMO effect???
"What if" none of the above happens???
Well whats going to happen on Monday will happen on Monday...as they say Que Sera Sera...or as they say in hindi "picture abhi baaki hai dost!!"
We have had The syria effect, the Raghuram effect, in the market, the big question is will we have the NAMO effect on monday????
Given that there were right noises by the corporate sector on how they want Modi, will the market Cheer or Jeer???
As a nation of a billion views and opinions we are also a nation fascinated by conspiracy theories...!
The "what if" has an oomph like quality when discussing such theories.
"What if" the market celebrates the NAMO news with a rally ( hehe an upper circuit can be left for laters!)???
"What if" the UPA by some news leak (read data) spooks the market for monday and scuttles the rally to deny the NAMO effect???
"What if" none of the above happens???
Well whats going to happen on Monday will happen on Monday...as they say Que Sera Sera...or as they say in hindi "picture abhi baaki hai dost!!"
Tuesday, September 10, 2013
Nifty Future Chart !
A gap up and a huge green candle almost made it to marabuzo had it not been for that lil wick! As traders we are supposed to trade the price and not anything else. But that anything else fascinates everybody. We seek patterns where there are none, infact we even seek reasons... especially reasons that corroborate our own thesis! So what happened in the last four sessions that makes the markets so bullish?Any answers do let me know.
Nifty Views!
Nifty has seen some real wild moves last week. We had Syrian crisis (the missile hit that never was) and then it was the RBI (the new Governor )! As of yesterday even the US market was up so the euphoria might continue. Yup all this dose of Dopamine is bound to affect the participants!
If you look at the charts there are certain clearly defined levels and certain parameters which define a falling market and a rising market for the technical analysts to work their analysis upon. These are not something that are cast in stone, but yes you cant completely ignore them. There is always a chance of being right but there is a far greater chance of being wrong! So how do you make money? From prediction or from protection? Thats why every body worth his salt in the market always yells protect your downside, and to do that you need to be loyal, very loyal to your STOPS.
Monday, September 2, 2013
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