The Dow Theory is developed by Charles Dow (1851-1902) who was journalist, founder and editor of WALL STREET JOURNAL, this theory is refined by William Hamilton (1902-1929) after Dow’s death. The term Dow Theory was not used by Dow himself. Dow Theory provides basis for Stock price movements as well as Technical analysis. Dow Theory indicates that stock market behaves same … [Read more...]
Archives for January 2010
Nifty Levels for 22nd january 2010
Please find the correct levels for nifty The Nifty Levels for 22nd january 2010 are First Resistance = 5171 First Support =5036 Second Resistance = 5256 Second Support =4986 Breakout above = 5306 Break down Below =4901 The above levels are for intraday only For Sure Shot pack and good Gains in Nifty Please visit Nifty Live Charts.com … [Read more...]
Free Stock tips for 22nd January 2010
The Various- Daily Stock Recommendation Given by the various analysts and Stock Brokers are: Wipro Ltd. - Daily stock recommendation 22-01-2010 Source Action Tip Period Target Price (Rs.) Simi Bhaumik Sell, stop loss Rs 732 - 717.00 Alembic Ltd. - Daily stock recommendation 22-01-2010 Source Action Tip Period Target Price (Rs.) Anil … [Read more...]
Intraday Trading
" Intra day trading strategy is defined as an overall trading strategy characterized by the regular transmission by a customer of a multiple intra day electronic orders to effect both purchase and sale in the same security or securities. " It seemingly looks to be the simplest and the most rewarding. But in intraday trading one has to be very fast and quick and have to be on … [Read more...]
Indian Stock Market Basics
The word Stock simply means a share in the ownership of the company. Stock represents a claim on the company’s assets and earning. When you own a share you own little bit of the company. The more shares you own the bigger your stake, and the more say you have. Once you hold the stock of the company you will become the shareholder of that particular company i.e. technically you … [Read more...]