The market remained inconclusive in the
previous session with bears weighing heavy in mid session as it closed flat
towards the end. The settlement today is expected to be without much event but
a spike up or down cannot be ruled out.
The intra-day traders may go long if the
Nifty trades above 8014 with stop loss at 7995 and book profits around 8032. However
if it trades below the 7975 mark then they may short the nifty and book profit
at 7955.
The short-term traders and Mid-term
investors may stay away today and just watch.
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.
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 them. Much better, subscribe by email. It is free. And, what is more, we
do not disclose your IDs or portfolio.
Disclaimer: The
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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