Traders who are holding from the sky high level of 14000+ , might now require Air Ambulance service very shortly if they still hold on to their stocks.
It is very necessary to act thyself. Be what you are. Traders trying to pose as long term investors should act as a traders only & with strict discipline should cut their long positions or else you are trying to hold a falling knife.
As expected, Nifty crashed from the higher level & the speculative traders are caught in margin pressure. Time & again, this things happen & we name them bloody Monday, Tuesday or Friday. Still we continue the same thing, hurting our self & our dear ones.
Technical Recovery might be on the cards tomorrow, overall picture is very dim. Global clues are also not heartening. Try to use any upside , if any, for exiting your longs, at least partially.
Please take care of yourself & your Dear Ones. Play within your limits.
God Bless You All.
Diclosure : I dont have any short position in market for myself/ family members / friends / Associates.
This blog is meant for ideas on Stocks, commodity & Forex trading. It emphasizes on importance of Technical Analysis using Swing & Candlestick Patterns. Also covers articles on Insurance, Loans & Mortage to complete the entire Financial Basket.
Monday, April 02, 2007
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2007
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April
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- MTNL - GOLD ETF looks Good for Investment
- Few stocks for very short period
- IFCI & Important Events scheduled for this Friday
- Time for Portfolio Churning
- Nifty - Levels for Next Move using Candlestick & ...
- Nifty - Candlestick Hanging Man on Daily chart
- IDBI - Big Brother
- Candlestick – Hammer pattern on chart.
- IFCI – Ready to Take Off?
- IFCI - A Term lending organization
- Nifty - Dead Cat Bounce?
- NIFTY - Air Ambulance Service Required
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April
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