Hello,
Everyone wants money. Everyone wants to be rich. Everyone wants their wealth to grow. Are we doing anything different from the crowd? Everyone use one or the other method to get the same.
Here as the name of my blog suggest, all the people out here have one common thing in them. That's, they want to or have tried their hands in the Share Market for making money.
Now the question comes, is Share Market really a place to earn money?
The answer is yes as well as No.
If you are coming here with a perception that money can only be made here then I will say beware of the Market. This is a place where fortunes are made and broken.
Success and Failure story both float in the market.
Its up to us where we get banged on! Success or Failure.... Rich or Poor.... Profit or Loss....
You can find many articles stating the golden truths and myths (I too can state some by my own experience :) ) of share market. Everyone read them only few can follow. Its not that the person deliberately do not follow the steps , he wants to follow the steps but alas he cannot because of his greed or fear.
The Greed and Fear are the most important parameters of the market. Till the time it is there in the market, market will remain a place of unseen unexpected movements otherwise everything will be predictable or calculated by the formulas.
Friday, April 30, 2010
Wednesday, April 28, 2010
Market Outlook for 29 April
Hi Friends,
In my previous post i mentioned that the market is waiting for sharp correction. That time many a person might have tought it a just a guess but hopefully now your seeing the correction.
That too a hefty intraday correction in Nifty. Now everyone will think of sqr off their long positions.
If you remember the bad news which is coming now from the Greece came earlier also but due to bail out package it is and other reason market did not reacted to this much . But this time all world has started bleeding. Adding to this Goldman issue has put oil to the fire.
Bears are enjoying the show after a long time. Even you check the level at which i asked to short the Hero Honda. Nifty remain +ve for some days but Hero Honda gave -ve returns.
So the shorters on Hero Honda according to my call are enjoying the benefit. I will still ask them to sqr it off tomorrow and book the profit.
In my previous post i mentioned that the market is waiting for sharp correction. That time many a person might have tought it a just a guess but hopefully now your seeing the correction.
That too a hefty intraday correction in Nifty. Now everyone will think of sqr off their long positions.
If you remember the bad news which is coming now from the Greece came earlier also but due to bail out package it is and other reason market did not reacted to this much . But this time all world has started bleeding. Adding to this Goldman issue has put oil to the fire.
Bears are enjoying the show after a long time. Even you check the level at which i asked to short the Hero Honda. Nifty remain +ve for some days but Hero Honda gave -ve returns.
So the shorters on Hero Honda according to my call are enjoying the benefit. I will still ask them to sqr it off tomorrow and book the profit.
Tuesday, April 27, 2010
Thursday, April 22, 2010
Market Outlook for 23 April
Hi ...
Today the market showed good +ve move in the morning but in the later part of the day it showed some profit booking into the picture again.
Market is swinging to small gains on Nifty but stock are still zooming. Today Axis and HCL was the star player.
One can easily understand the amount of money that can be made by going for any of their Futures.
But market seems to be due for a correction. But market showing +ve because of good earning numbers. If any big name comes with bad result then we can see the waited corrections.
Today i made money in Both trades Long and Short on the Bank Index. I was long so i sqr off at the high and shorted there and later i covered my shorts too.
So that no position at the close .... So happy sleeping ... for today ,
I would ask the risky traders to go short in the market on specific stocks. Go short on Hero Honda . It has given some very good results but this stocks comes under the presssure after giving good results. This is the history of the stock.
Today the market showed good +ve move in the morning but in the later part of the day it showed some profit booking into the picture again.
Market is swinging to small gains on Nifty but stock are still zooming. Today Axis and HCL was the star player.
One can easily understand the amount of money that can be made by going for any of their Futures.
But market seems to be due for a correction. But market showing +ve because of good earning numbers. If any big name comes with bad result then we can see the waited corrections.
Today i made money in Both trades Long and Short on the Bank Index. I was long so i sqr off at the high and shorted there and later i covered my shorts too.
So that no position at the close .... So happy sleeping ... for today ,
I would ask the risky traders to go short in the market on specific stocks. Go short on Hero Honda . It has given some very good results but this stocks comes under the presssure after giving good results. This is the history of the stock.
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