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30th July, 2009

Too good to be true.

I have found that if something is too good to be true it usually is not true. This simple principle has helped me many times in my own trading and

25th July, 2009

A choppy, sideways trend.

The Nifty topped out in June, and since then it has essentially been sideways. True, we saw a sharp decline, then a V shaped rally. But, at the end of

23rd July, 2009

How to identify a Bullish bar ?

Let us use some common sense ideas to identify what a bullish bar may look like. When the market closes above the previous close the message is of strength. When

22nd July, 2009

A lesson in markets are supreme.

Today's market was a remarkable lesson in humility. The nifty went up above yesterday's high and then almost like a sudden cloudburst prices started falling, eventually going through yesterday's low.

21st July, 2009

Strong Momentum.

The Nifty has seen five days of back to back gains. This is NOT a bear rally. The gains are in line with what most world markets are doing. We