Sunday, June 6, 2010

Be Cautious as there will be pull back rally starting from Monday

Friends
We are here  to help you .. Now it is time to revert the strategy again... now from Monday we may see a pull back from current trend ... there are confusing signals at the technical charts, daily chart is showing up move and weekly chart is showing for a correction ...In TA the longer time frame valued much so it is advisable that please exit from your long positions at higher levels and enter again in it when it will reach to lower level.
Just remember do not think that the scrip which you are holding will move Northward being nice fundamentals or good results ....if market will move to South  all must have to follow the market ...no one can oppose the trend...My advise is be neutral ... get rid from your inside bull or bear ... just follow the trend and make money in  both directions either  North or South

But please stay away with your funds when market is moving  from West to East means  in range bound or congestion /  consolidation phase ...

If you are not a long term investor then opt trading in futures there are so many benefits are there to trade in futures ...
avoid trading on your intuition / emotions .because market is supreme and can not be controlled by prayers ..so be practical ..
Learn your self if u want to earn or just seek ideas from experienced fellows to save ur hard earned money..

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