Morning update Wed, 31st Dec:

Morning update Wed, 31st Dec:

Expect a positive open for Indian markets and the trade within few minutes after open would decide the trend for rest of the day. With low volume trade, the traders should trade light and with strict SL.
One may initiate longs / 3000CE with strict SL for intra-day trade. If nifty sustains over 3K, one may carry these longs / call for Thursday, 1st Jan or one may re-initiate on Thursday open.



http://niftypredictor.blogspot.com/

Morning update Mon, 22ed Dec:

Morning update Mon, 22ed Dec:

Though the Asian counterparts are trading weak, expect a flat open for Indian markets with positive movements for rest of the day. The traders should avoid heavy trades near expiry of this month. For intra-day trade, one may initiate long at open to cover at EOD.

Morning update Thu, 18th Dec:

Morning update Thu, 18th Dec:

The market reacted exactly as mentioned. However it is observed that yesterday’s drifting had made many traders ‘biased’ again to add more shorts……………
The traders should prefer to exit shorts gradually (till Fri) and prefer to trade light for intra-day only till Friday as there are some chances for a bounce on Monday, the start of exp week.
For today’s trade (if holding shorts) one should use TSL to protect gains and prefer intra-day trades if TSL struck.