My Dear visitors, global cues are still worsening. recent negative factor is the air strikes by the allied forces in libya. stock market’s all over the world are under pressure now as per the present market scenario, i think, spot nifty (as well as indian markets) will be range bound (from 5300-5500) till 31st of march (monthly f&o expiry). so in a nutshell, selling on higher levels and buying in lowermost levels will continue for the time being. it is still advisable to stay away from f&o segment until unless spot nifty cross and sustain 5745. today’s moral: “The human side of every person is the greatest enemy of successful trading”.
“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.
