About Me

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Mumbai, Maharashtra, India
Besides being a CHARTERED ACCOUNTANT from Institute of Chartered Accountants of India,SAP certified consultant(FICO) and A Director in an advertising Company,I am a BSE certified stock analyst(technical) and I trade regularly on Bombay stock exchange.Do you like to have some free reliable stock trading tips ??? Visit my blog daily and follow my research.

FANS

FOR THE NEW USERS

THIS BLOG IS A FRIENDLY EFFORT TO ENABLE USERS TO MAKE PROFIT BY PUTTING MY KNOWLEDGE TO THEIR USE. STOCK PICKS GIVEN HERE ARE FOR TRADING, THEY ARE REAL TIME AND MOMENTUM STOCKS I.E. THEY WILL RISE / FALL VERY FAST GIVING QUICK PROFITS. USERS SHOULD MAKE THEIR TRADING STRATEGY AND ENTER THE STOCK IMMEDIATELY AND EXIT AS PER THEIR PRUDENCE WHEN TRADE FETCHES 15-20% RETURN.

Before using the blog,I advise viewers to read my very first few posts which I wrote when I started this blog.

Thursday, August 27, 2009

GOOD NIGHT

'NightImage by virre via Flickr

HI FRIENDS,

MY WARM WELCOME TO 'GD', OUR NEW FAN CLUB MEMBER.

YOU ALL MUST HAVE WONDERED , WHY JUST ONE OR TWO UPDATES TODAY !! NORMALLY, THE BLOG IS UPDATED 20-25 TIMES DURING MARKET HOURS. THE REASON WAS I NEVER INTENDED YOU TO ENTER IN TO ANY INTRA DAY TRADE AS THE MARKET WAS VERY VOLATILE AND CHANCES WERE THAT TRADERS WOULD BE TRAPPED.

IMMEDIATE TREND OF THE MARKET IS WEAK NOW. EXCEPT HEALTHCARE AND OIL AND GAS INDEX, OTHER INDICES HAVE SHOWN THAT THE WEAKNESS IS SETTING IN.

MARKET WILL DECLINE TOMORROW, UNLESS AND UNTILL IT BREAKS 16000 LEVEL AND STAYS OBOVE CONVINCINGLY, IT REMAINS WEAK AND RANGE BOUND AS I HAVE SAID EARLIER TOO. IN TH WEEKLY CHART OF THE SENSEX, RIGHT SHOULDER OF THE INVERTED ( BULLISH) HEAD AND SHOULDER PATTERN IS UNDER FORMATION AND IF IT IS FORMED AND WHEN MARKET GETS BREAKOUT FROM THIS , MARKET CAN GO UP TO 18000. BUT, LETS KEEP OUR FINGERS CROSSED.

HOWEVER, TRADING SHOULD BE DONE STOCK SPECIFIC. SHORT ON ABAN, HDFC, TATA STEEL,ETC AND LONG IN SOBHA, UTV, GLENMARK, ETC.

MORE ON MARKET OPENING,

HAVE A GOOD NIGHT,

JAGRUTI.


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