Sunday, October 30, 2011

Technical Analysis for Nifty

There has been a Short Term Reversal from recent lows in last couple of weeks. Prices have overcome the Resistances and Gaps to Trade firm. Is it a complete Reversal making the bias Up or is it a Reaction before the Fall follows again ? Let us objectively analyze and try to find a ' Method in the Madness' with help of the Technicals and combination of them -

Tuesday, October 25, 2011

Happy Diwali !!!

Wishing All a Very Happy and Healthy Diwali along with a Prosperous Year ahead
Enjoy the Festival !!! Take Care

Saturday, October 15, 2011

Elliott Wave Analysis for Nifty

Elliott Wave Analysis helps one understand the prevailingTrend and probable Targets to Trade. Though quite subjective , this theory if used with classical TA methods , is quite handful. It tells the 'Sailor' about the direction of the ' Wind' as well as the distance of the 'Port'.

Lets us now analyze where we are 'sailing' as on date -

Sunday, October 9, 2011

Technical Analysis for Nifty

The above Picture was received in a forwarded mail asking to read the word in this picture. Try doing it. You may be able to read a word in it. Try focusing more ,You will find two words in it , 'Illusion' in Blue landscape and 'Optical' in the Yellow.

Similar is the reading of Charts , we tend to see what we believe. But trading it stubbornly can be harmful for the Capital , instead we try to objectively analyze and get some conclusions that should be traded with Flexibility.

Saturday, October 1, 2011

The Trading Journal

The Link for the Blog used for Advisory Services  - The Trading Journal  , maintained as a record for the Daily Trading Plans ,Trading Insight , Technical Analysis , Review and Analysis of the Trades executed and Notes for important Lessons learnt in the process is