Greetings !
Today, Nifty had completed AB (10490 to 10094) =CD (10409 to 10033) Pattern.
This post is all about Index Trading (Nifty December Futures 10150 & BankNIFTY 25220, likewise) buy Position which is currently Open, with 10000 Spot Index Closing basis Stop-Loss, however SL Exit is subject to confirmation.
Reminder: For us BankNifty does not have individual standing rather follower of Nifty.
Secondly, the main objective of this post is to highlight / explain that,Read More »
Greetings !
Never Ending Cycle:
Today’s Topic is favourite time pass for all, namely Bulls, Bears, and the group who has nothing to do with Stock Market, per-se but they would also readily & frequently keep offering their own take on current Market valuations (read NIFTY, SENSEX prevailing levels) and next possible correction (rather, impending CRASH!).
However, Few may hit bulls eye correctly by forecasting exact resistance zone well in advance, may be because they are proven lucky soul or based on Hard-work done over the years, who knows! But, Most of them would miss the mark with wide margin.
But still, everyone is entitled to do prediction based on their own choose parameters which could be anything (Fundamental, Technical, Past Experiences, etc…)
But for ROCKET Trades, this is a serious Business because we are get paid for this only.
Greetings !
Theory of Analysis & Trading Conclusion:
Trading Markets entitled every single Individual to draw their own conclusion.
For Example: In rare case only, two different Technical Analysts would draw same conclusion by seeing one set of price action (chart reading).
In a nutshell, we can safely assume that Stock Market comprises People who represents many approach, thoughts, attitude and therefore, react in different fashion for same news, development. Resulting in price fluctuation / volatility.
In shorts, alignment of thoughts is a bigger challenge for an advisory then generating (analysing and selecting best possible) trading positions for it’s Clients.Read More »
Rocket Trades: Fee only Research Analyst 
You must be logged in to post a comment.