30 October 2014

Tips for traders and investors in the Indian Stock Markets for October 31 2014.

The immediate trend of the market will be determined in today’s session.
The intra-day traders may go long only if the Nifty trades above 8170 with stop loss at 8145 and book profit around 8200. However if it trades below 8138, then they may play it on the short side and book profits at around 8100.
The short-term traders may consider going long in L&T with stop loss at 1545.
The mid-term investors may consider adding LIC Housing Finance at 324.25, Federal Bank at 129.45 and Marico at 292.45 to their portfolio in small quantities.

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. 


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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