20 August 2014

Tips for traders and investors in the Indian Stock Markets for August 20 2014.

The index continues in its journey charging uphill making new all time highs.
The intra-day traders may go long if the benchmark index trades above 7903 mark and book successive profits around 7915 and 7930 levels. However, if the index trades below 7891, then they may play it on the short side and book profit at around 7880 and 7865 levels.
The short-term traders may continue to hold long positions raising their trailing stop loss to 7785.
Mid-term investors may consider buying Gateway Distriparks at 240.90 and Tata Motors at 486.95.

A lot of people have lost a lot of money in Capital markets due to their need to get rich quickly and their innermost desire to gamble, to feel the consequent emotional excitement, over which they have no control. The sole intention of sharing this link is to guide such people by helping them in minimising their losses.

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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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