Well, Broad Markets Index closed positive for the day with just 0.2 percent gains
The way markets traded today – won’t make bulls won for the day
Markets started with positive ,then turned negative ,later positive ,again negative ,once positive
Now tell me ,was it a normal day
No ! Chance illa !
Then ,next question what should observers do – new comers like you !
There are lot of participants
-Already in the market
Which category you belong is important
Trader trades everyday
Investor invest very rarely ,may be 3 to 5 times a year
But Investor need to watch the markets
Preferably weekly basis
If he or she has time – daily is better options
As far Finance and commerce graduate it’s a must
Keep observing the trend ,you will break the code ! Or solve the code !
Now coming to markets ,check yesterday my analysis , nothing to crib around more – feels boring to mention- how’s the analysis!
Jet airways fell 40 percent down today – reason lenders took the company to insolvency and bankruptcy tribunal
Anil Ambani stocks are falling like a knife – Reliance power , Infrastructure,capital
DHFL and India bulls housing finance same story
Automobile and pharma it’s been routine now on downside
Maruti ,sun pharma are down from last few sessions
Yes ,yes bank fell another 6 percent today
Positive is Global markets are trading positive today
US markets, as I write this ,have opened positive
Our markets from last 2.5 weeks are negative
May be tomorrow markets may open gap up
And trade positive !
Or close near the open !
Disclaimer – Markets cannot be predicted !
Then what’s my plan for tomorrow!
I am sharing bank Nifty index view – as I trade on this
I am trader
Don’t tell me – you want to be trader!
To become a trader couple of years of experience is a must !
First observe how markets works !
Then take a call !
Now coming to bank nifty –
Bank Nifty has closed at 30351, important number tomorrow is 30660
If it’s trade above this level upto 2 pm tomorrow, bulls will take up to
On downside – 30230 is support
Trade from Savings money
Invest long term
First observe markets for a year to two !
Small aim is a crime