These are my personal musings. These are not in any way meant to be trading advise. To view the full chart, right click and open in a new window.A simple strategy of keeping a trailing stop has given us an additional few points on the Nifty. For a market like this, it is again suggested not to try and catch the tops or bottoms but to keep raising stops as per our comfort levels, and allow the market to exit us, rather than to exit prematurely.
The target range between 5000~5100 is still open. It also seems that the historic supply line may now give support.
Shorts? It is again very humbly suggested to avoid them at this stage.
Once more, I reiterate my slogan, plan your trade and trade happy. It is all in the mind.
2 comments:
From the next dip, i shall become a permabull - stop shorting permanently (well almost) and 1. buy on dips 2. play with stop losses
- as suggested countlessly on this site.
i have lost enough money, now recover it all and maybe, even earn some..
reg
ketan
Very nice quotes from ppl related to stocks here !!
http://tradingquotes.blogspot.com/
Post a Comment