Trading Tips

Trading Tips - 2312

12/23/2013 Youth Apps 0 Comments

Share Market Trading Tips

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    The market closed the week with the Sensex at 21079 gaining over 360 points amid high volatility while the Nifty ended at 6274 with a gain of 105 points. The market smartly recovered on last Friday aiding to erase earlier losses over apex bank's surprise move to keep key rates unchanged. Shares of IT, healthcare, reality, power, refinery, auto among others closed steady.

    Even though the market last week was volatile due to domestic and global events like the Reserve Bank of India (RBI) policy and US Fed announcements, Saurabh Mukherjea, Ambit Capital believes the Indian market is on the turn and will see greater confidence from both domestic and global investors.

    After a surprising decline comes a stunning advance. The nifty rallied handsomely on Friday, thanks to big gains in Reliance (news: gas price hike). The rally brought the index close to the upper end of a trading range. Trading ranges are treacherous patterns to trade in. Market mood swings widely as prices move from support to resistance and then back again

    Read more at: http://www.moneycontrol.com/news/market-outlook/see-market-scaling-new-highs-upbeatit-experts_1012336.html?topnews=1&utm_source=ref_article


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    Our recommendation based on various inputs.   The data is refreshed from 10:30 IST


    The recommendation is based on our research and I believe that this is the way it would be heading.  The data has been used from Bloomberg. In - Bloomberg India‎, The Economic Times Business News, Personal Finance, Financial,CNBC TV18 - Money Control, Money Control, NDTV Profit: Business Finance, Stock Market, Quotes, News, ICICI Direct and discussion with the guru’s of share market.  I have also observed Rakesh Jhunjhunwala portolio and his approach towards the market trading.


    The views and recommendations expressed in this section are my own view. Please consult your financial advisory before taking any position in the stocks mentioned

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