Good Morning

Hello Friends,

How are you all doing ?

Have you noticed from following this blog, that when share picks appear, after some days of run in that scrip, the news in that also arrive. e.g. Mahindra and Mahindra was recommended since many days and today is the news. Sesa Goa, JSW steel were recommended and then after their run up news arrived of import duty on steel. This is the worth of technical analysis, it gives you pick before the market gets the news. You can buy before actual demand comes and before the price rises too much. Thus, you can get the advantage of the price difference and earn more.

Today, market does not look very good based on weak global cues and continuous selling by FIIs.

Market intermittant trend looks weak and downward and one should be stock specific.

Lets meet again on the opening bell,

Wish you a very happy trading day,

Jagruti.

Thought of the day : It is not hard to make decisions, when you know what your values are.