02 September 2014

Tips for traders and investors in the Indian Stock Markets for September 2 2014.

Nifty continues in its uphill task with great passion and strong technicals.
The intra-day traders may go long if the benchmark index trades above 8012 mark in the early minutes of today’s session and book profits around 8050 levels. However, if the index trades below 7981, then they may play it on the short side and book profit at around 7947 levels.
The short-term traders may continue to ride their long positions.
Mid-term investors may consider buying Tata Motors at 509.85
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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