Greetings !
We thought for Trending February (either side) given Interim Budget, RBI Meeting were due during first week of Month itself and especially after flat January Expiry.
But, February turns out no better than January. Net Closing Difference is only 38.45 Points.
NIFTY Spot Closing on 31st January 2019 was 10830.95 & Closing of 28 February 10792.50
But February would be another flat Month was unknown in the Starting. Anyway…Read More »
Greetings !
Market Participates get wobbly (panic) whenever Nifty approaches much publicised events like General Budget, Elections – General & Assembly &/or Global Events like we are going to see during March 2019 related to Trump Trade War & BREXIT or we already did see on previous occasions like IRAN Sanctions’ (Even people started talking about World War – III) impact on Crude, Gold.
Now answer yourself, what happened after each of above events – Practically NOTHING.
Because, Nifty Bulls has not gone anywhere, even after all disappointments & unexpected outcome from one & all events (BJP losing all States gone to Poll during 2019 & RBI Governor’s shocked Resignation).Read More »
Greetings !
Please have a look of Nifty50 Daily Chart before proceeding further, last updated 21 Jan 2019
Professional Traders: there is nothing much for them in the above chart, but for Amateur Traders there are many things to notice especially how Market moves symmetrically.
Above chart is of January 2018 to January 2019 Period – 12 Months. Important Points are marked with the help of Drawing tools.Read More »
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