My Dear Visitors, It’s a worst and lackluster day on 22nd March. both Spot Nifty, as well Indian Stock Market moved in a narrow range & bulk selling in higher level still continues. now it seems to be, that at least till the expiry of the current month’s F&O settlement, Spot Nifty will try to stay in the range of 5300-5500. nothing much to be said about the present Market, only thing is try to protect your capital, & book your profit soonest. last but not the least, it’s my earnest request to all my paid client’s, not to take heavy position at this kind of uncertain Market. it is the tendency of the most human being, when they incurred heavy losses in the stock market, they’ll try to re enter with a heavy exposure, resulting heavy cumulative losses, which ultimately force the trader’s/investors out of the Stock Market for the time being or permanently. please remember that profit and losses are part and parcel of every human being’s life and same thing is very much applicable for Stock Markets also. So refrain yourself of taking heavy exposure from your broker’s and not to utilize your full capital at a time, so that you can preserve some amount for the next available good opportunity. it is still advisable to stay away from F&O segment until unless Spot Nifty cross and sustain 5745. Today’s moral: “In Bullish Markets, price congestion is supportive & in Bearish Markets price congestion is resistive”.
“DON’T OVER TRADE NOW & TRY TO PROTECT YOUR CAPITAL”
“ALWAYS STAY COOL & DON’T BE PANIC-STRICKEN”
“REMEMBER MARKET STABILITY WILL BE BACK ONLY AFTER 5745 OF SPOT NIFTY”
FOLLOWING STRATEGY IS STILL VALID FOR THE TIME BEING:
(1) Sell in every abnormal rise.
(2) Buy in every abnormal fall.
(3) Book your profit in every step.
(4) Buy and Sell firmly and promptly without fumbling.
(5) Use strict stop loss and avoid taking un-necessary delivery.
(6) It is also advisable for the traders with small capital to quit the market everyday after making a reasonable profit. and always follow the footprints of spot nifty as stated below.
(1) Sell in every abnormal rise.
(2) Buy in every abnormal fall.
(3) Book your profit in every step.
(4) Buy and Sell firmly and promptly without fumbling.
(5) Use strict stop loss and avoid taking un-necessary delivery.
(6) It is also advisable for the traders with small capital to quit the market everyday after making a reasonable profit. and always follow the footprints of spot nifty as stated below.