Let me start off with a simple analogy before getting any further. I have an old radio which works pretty fine. I listen to my favorite program in Radio Mirchi…Continue Reading
Anyone interested in Technical Analysis would have read about Fibonacci Retracement, projections and the fractal nature of markets. Typically, analyst use the prior up-swing to identify potential area of support…Continue Reading
With the dawn of the new year, it is customary to talk about resolutions, irrespective of whether we follow it or not. Let’s talk about the typical mistakes a trader…Continue Reading
As 2012 draws to a close, it is only customary to take stock of the year that was, in the stock markets. This year, the markets threw plenty of surprises…Continue Reading
It’s that part of the year when it is time to discuss the outlook for the year ahead. We had last discussed the outlook for the Nifty on November 16.…Continue Reading
The last five years have not been easy to sail in the stock market waters. At 19,000 levels the Sensex is in fact lower than what it was five years…Continue Reading
Aegis Logistics features prominently in the gainers list today with a rally of about 12%. This rally has resulted in a big breakout which would attract the attention of lots…Continue Reading
Lots of traders and analyst believe that there is some secret formula or approach to trading. After a while, they realise that there is no HOLY GRAIL and trading or…Continue Reading
And the angel said unto them, Fear not: for, behold, I bring you good tidings of great joy, which shall be to all people. – Bible December is the darling…Continue Reading
The daily chart of Larsen & Toubro is a treatise on the concept of Action-Reaction lines. Also, the simple concept of gaps acting as support / resistance is also at…Continue Reading