12 May 2014

Tips for traders and investors on the Indian Stock Markets for May 12 2014.

The readers of this blog might have seen in our previous two posts that we had seen the end of weakness and had in both occasions advised the followers to cover their shorts. However the resurgence of bulls with such ferocity was totally unforeseen and unexpected though those following our strategy as advised in previous post might have opened long positions and made a killing.
Intraday and shott term traders may go long in case of weakness at around  6820 & 6800 levels with stop loss at 6790.
Mid term investors may start selling the non performers in their portfolio.

(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)


DisclaimerThe writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

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