NIFTY STOCKS RECOMMENDATIONS

Derivative Strategy for August 7, 2012
Scrip	CMP	Recommendation	Target	Stop Loss
NIFTY	5,297	BUY	5,360	5,270
GAIL	361	BUY	368	358
KOTAK BANK	562	BUY	575	557
BPCL	347	SELL	336	351
WIPRO	344	SELL	338	347

**** PLEASE TRADE ABOVE AT YOUR OWN RISKS AND LIABILITY AND WE DO NOT GUARANTEE ANY PROFITS

Comments

The veteran trader feeds on the new trader

The only difference between the new trader and the old trader is that the old trader has learnt to be in control as compared to the new trader. both are trading using the same charts and indicators. A good trading system and the mental strength to commit to and execute the signals that system gives you is the way of the seasoned trader. The seasoned trader can notice when he is making any human error in relating to his emotions and fears and quickly breaks that habit by making new neuron-pathways, means suppose he is erring in moving his stop loss to cost or to break even when he sees gains, then he will focus on that and start doing that soon as a matter of habit. Trading is nothing but a game of probability , where you have to have the odds ion your favor. Once you have set your strategy fro trading then just like mechanical trader follow it without using brains and mind. At the end of the period of time it will reap benefits. If still the method is not profiting then chan...

FII FLOWS INCREASES

Flows into India likely to remain limited in the near term, as relative valuations of stocks versus emerging markets do not look attractive, Macquarie says. India thus “may be staring at a possible negative 12 month forward returns,” Macquarie says. The controversy over taxation for foreign investors, as well as macro challenges, are key reasons for net outflows of foreign institutional investors (FIIs) in April vs strong Jan-March inflows, Macquarie says. Indian stocks look historically cheap, but is trading at a premium of around 33 percent vs emerging markets vs the long-term average of 27 percent, Macquarie estimates. Nifty is seen trading in 5,000 to 5,500 range and the Sensex in 16,000 to 18,000 range, as “global liquidity glut” to provide some support, Macquarie says. Reuters

INTRADAY TRADING PERFORMANCE

THE TECHNOTRADES INTRADAY CUM POSITIONAL TRADING SYSTEM HAS THE AVERAGE PERFORMANCE OF MORE THAN OTHER TRADING SYSTEMS SINCE IT HAS BEEN DESIGNED TO BE TREND FOLLOWING AND INSPITE OF THE FACT THAT THE SMALL MOVES MAY CAUSE SMALL GAINS OR SMALL LOSSES BUT OVER A MEDIUM TERM PERIOD OF 1 WEEK OR 1 MONTH THE POINTS GAINED IN NIFTY OR BANKNIFTY OR STOCKS WILL BE IN VERY GOOD GAINS.WE HAVE TESTED IT IN LIVE MARKETS ON DAILY AND HISTORICAL BASIS AND IT AVERAGES MORE THAN 250 POINTS PER MONTH

Search This Blog