Skip to main content

Get Live Charts Nifty Signal Using Buy Sell Signal Software

By


BEAR MARKET PREVAILS,NIFTY GIVES WAY

Policy paralysis seems to be eating away the growth cycle recently picked up due to the sincere  efforts on the part of the govt coupled with well timed action by RBI which deemed fit to slash repo and CRR.  The depth in the market is deepening with every trading session.  Premiums in both NIFTY FUTURE and NIFTY OPTION are fast disappearing with discounts sneaking into it vigorously.  The NIFTY sunk below 5600 for the first time since November 23, 2012.  That was the first time that the Nifty actually flirted with the 200 day moving average (DMA).  Now it’s a big question that “is the NIFTY and midcap index which has outsmarted NIFTY in falling fast, replicating the trading pattern similar to 2008. 
THE 200 DMA—KEY SUPPORT
If one peeps into the recent past, one can get to know that the Nifty has not gone below 200 DMA on a closing basis.  In 2008, also the similar trend where midcaps started to underperform exhibited.  Some of the midcaps started to fall 30-40 per cent and then the Nifty just somehow managed to hold on to the 200 DMA.
After three or four times it ultimately broke the 200 DMA and it did that by about 50 or 100 points and after that there was no looking back.  For the complete year, Nifty traded below the 200 DMA and in fact went as low as 2500 points below the 200 DMA.  Even chart analysis or technical analysis could not take clue of next trading sessions.  The intraday tips were hovering in dark.  It all had its epicentre in USA where the recession of 2008 had originated.  It largely impacted the FII flow in the Indian stock market as a whole.  Shorting the NIFTY FUTURE or buying puts of NIFTY OPTION have become the current trend and will continue till something strong comes up.
Visit Us : www.technotrades.biz 
Contact Us : +91-9958406102

Comments

Post a Comment

Popular posts from this blog

Free Downloads of Best and most accurate MT4 strategies and Indicators| MT4 ROBOT EA

By
http://mediajx.com/story7112431/the-2-minute-rule-for-robot-forex-funciona http://bookmark-dofollow.com/story6027470/about-forex-auto-trading-robot-free-download http://bookmark-template.com/story6030122/5-tips-about-scalping-robot-mt4-you-can-use-today http://prbookmarkingwebsites.com/story4171399/forex-wiki-no-further-a-mystery http://socialmediainuk.com/story4607483/the-best-side-of-metatrader-4-free-download http://dirstop.com/story4894182/the-fact-about-expert-advisor-programming-for-metatrader-4-that-no-one-is-suggesting http://opensocialfactory.com/story3739470/facts-about-metatrader-4-indicators-revealed http://ztndz.com/story6395566/the-definitive-guide-to-forex-robot-gratis http://gorillasocialwork.com/story4899066/forex-ea-advisor-options http://socialrus.com/story4358261/the-single-best-strategy-to-use-for-forex-online http://socialmediastore.net/story4742935/the-single-best-strategy-to-use-for-forex-online http://socialnetworkadsinfo.com/story4765280/not-known-f...
Post a Comment
Read more

COMMODITY UPDATES

By
COMMODITY UPDATED BY INTRADAY TRADING SYSTEMS OF TECHNOTRADES News Highlights:  Commodity markets strengthened on Friday as the U.S. non-farm payrolls and U.S. ISM manufacturing data beat the market expectation, even after the jobless rate unexpectedly rose to a five month high of 8.3 per cent.  Copper futures posted its biggest weekly drop in nine weeks as Investors sold the base metals last week when the Fed and ECB ended a policy meeting without announcing stimulus measures to boost the economic growth.  Cotton futures are expected to maintain its bullish trend for the next weeks as some short-covering has been seen ahead of the U.S. Agriculture Department’s monthly supply/demand report on August 10, 2012.  The concern over oil supply disruption in the Gulf of Mexico supported the oil prices on Friday. The U.S. National Hurricane Center forecasted that tropical storm “Ernesto” may grow into a hurricane this weakened.  The U.S. Labor Department reported last week that U....
Post a Comment
Read more

SECRETS OF SUCCESSFUL TRADING

By
50 Golden Rules of Stock Market Trading I’m sure most everybody knows these truisms in their hearts, but this list is nicely edited and makes a good read. 1. Plan your trades. Trade your plan. 2. Keep records of your trading results. 3. Keep a positive attitude, no matter how much you lose. 4. Don’t take the market home. 5. Continually set higher trading goals. 6. Successful traders buy into bad news and sell into good news. 7. Successful traders are not afraid to buy high and sell low. 8. Successful traders have a well-scheduled planned time for studying the markets. 9. Successful traders isolate themselves from the opinions of others. 10. Continually strive for patience, perseverance, determination, and rational action. 11. Limit your losses – use stops! 12. Never cancel a stop loss order after you have placed it! 13. Place the stop at the time you make your trade. 14. Never get into the market because you are anxious because of waiting. 15. Avoid g...
Post a Comment
Read more