Tara and Dev were deep in conversation about trading instruments and asset classes when there was a sudden knock at the door. With an anticipated look, Dev got up to answer it, and in walked Jay with a beaming smile on his face. Dev had been talking up Jay to Tara for a while now, … Read more
“For the coming weeks, 16900 – 17200 might be a strong hurdle since they are the 50% and 61.8% retracement level of the entire fall from 18100 to 15700,” says Mehul Kothari, AVP – Technical Research, Anand Rathi Shares & Stock Brokers. In an interview with ETMarkets, Kothari said: “The immediate support is placed at … Read more
Indian benchmark Index Nifty50 snapped 5 days of winning streak to shut shop marginally in the red last Friday, following another high intraday volatile session. Bulls were unable to push the index beyond the immediate hurdle of 18,300-18,350 which led to minor profit booking. Therefore, for the coming week, this range of 18,300-18,350 will be … Read more
Market Outlook for Monday, October 25, 2021 The Indian equity markets continued to correct for the fourth day in a row as it ended yet another day on a negative note. The Nifty opened on a positive note. It inched higher and marked its high point of the day in the first hour of the … Read more
Famed financial author and futures & hedge funds expert Jack Schwager defines a stock trader as someone who is as likely to go short as long, and who is willing to change positions with more frequency than someone who might be called a long-term investor. “If one is making quick decisions on when to go … Read more
For most successful investors, 80% of the wealth is only created by 20% of the stocks and it is this ability to pick stocks which differentiates. There is no one golden bullet for sureshot success. just keep the risk under control, says the Founder & CEO, Marathon Trends-PMS. Is there any one stock or sector … Read more