MARKET OUTLOOK(22/5/2012):-
NIFTY SUPPORT:- 4815
NIFTY RESISTANCE:-4950
TREND DECIDER LEVEL:-4872
MARKET VIEW:- Market tomorrow will open flat to
negative and try to break up on the positive side. .
It will become volatile in the second half and face
technical resistance at 4935, 4950 and support at
4850,4800.
.
But stay alert this week as In
this era of globalization our markets are linked to the world markets directly.
Any mishap in any corner of the globe will bound to affect our markets. Till
the Global debt issue is resolved, expect such panic days which are the integral
part of a vibrant market. Make your habit to live with it.
The
best possible strategy is to change your trading strategy in the following way.
·Trade
light with strict trailing stop loss
· Buy
or sell in staggered way to make most of volatility
· Do
not carry overnight positions except high risk traders
· Fix
stop loss as per your risk appetite and position
· Fix achievable
target in view of market conditions
· Exit
a trade at a slightest hint of weakness
·Your
1st target is to protect capital
·Avoid
buying a stock after it has run up too fast
·Never
catch a falling knife( stock)
·Even
if all these precautions a trade goes wrong, do not try to average or hold as
it, just close the call and hunt for new opportunity.
HOT STOCK:- HAVELLS
PAID SERVICES:-(NEWS BASED)
1) PROFIT SHARING:--
WE DECIDED NOT TO TAKE ANY FRESH POSITION IN THIS MONTH DUE TO UNCERTAINTY OF THE CURRENT MARKET..OUR NEXT CALL WILL BE RELEASED NEXT MONTH .
2) DELIVERY SERVICE:-
( .........INDIA) RECOMMENDED TO BUY @96.00 ...POSITION STILL OPEN .
No comments:
Post a Comment