Greetings !
QUESTION – Why So much Importance should be given to 16 January 2018 ?
ANSWER – Because of Price Volatility seen both in Domestic & International Markets.
Price Volatility is indication of lively Market and that has be bore, irrespective of everything or everyone; And if you wish to run away from Price Volatility that means you should not be in Stock Market, whether A Trader likes it or not.
All in all, fluctuation makes either Profit or loss for you. Try to Use it for your benefits.
International Price Volatility seen as on 16 January in “DOW JONES”:
After long weekend, (Monday was holiday) when DOW opens for Trading on Tuesday it was plus near about 280pts at opening, during course of the day, reversed all the gains, even saw 100pts negative from last closing but finally recovered all losses to close minus 10pts.
Which Means near about 480pts Intraday Swing in 26000 Index.; near about 2% Intraday Price Volatility and that to be in world’s most stable Index.
Mind You, on top of that, DOWJones had seen fastest 1000pts Rise from 25000 to 26000
Now imagine NIFTY trading in 2% range (that’s 200pts plus); HOW, people will react to that ?
Read More »
You must be logged in to post a comment.