When prices fall too fast, a market often retraces part of the trend move. often the degree of retracement is measured utilizing a Fibonacci ratio . Recently, our markets witnessed a drastic fall, owing to the pull out of the foreign institutional investors (FII). The recent Mumbai blasts have also affected it. The investors in these markets form consortiums among themselves … [Read more...]
Archives for January 2010
Nifty Levels for 20th january 2010
Please find the correct levels for nifty The Nifty Levels for 20th january 2010 are First Resistance = 5261 First Support =5199 Second Resistance = 5298 Second Support =5174 Breakout above = 5323 Break down Below =5137 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 20th January 2010
The Various- Daily Stock Recommendation Given by the various analysts and Stock Brokers are: Development Credit Bank Ltd. - Daily stock recommendation 20-01-2010 Source Action Tip Period Target Price (Rs.) Anil Singhvi Buy, stop loss Rs 39 - 45.00 Hexaware Technologies Ltd. - Daily stock recommendation 20-01-2010 Source Action Tip Period … [Read more...]
Diversification for Traders
It’s all about diversification, they say. But I’m a trader! Can I still diversify? YES, and I should. But it isn’t the same. It’s not about finding some international exposure to offset the large cap growth in my portfolio (did I just say “portfolio?”). No, diversification in my world as a trader is entirely different. I can diversify my timeframes. I may choose to day … [Read more...]
Direct Access Trading and Hotkeys: A Necessary Convenience
Convenience is a driver of our society, as well as trading. Every trading publication seems to have advertisements offering an easier way to trade. The most convenient way to trade is through a direct access brokerage. In fact, if you aren’t trading through a direct access brokerage, you should be. The platform of choice is the CyberTrader Pro platform which offers … [Read more...]