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12th April, 2009

Monday Morning Strategy

Solo asks about a Monday morning strategy. If a trader has no positions, what should he do ? How should one day trade ? For day traders, there are two

11th April, 2009

Bear Market Rally or Something More ?

Every meaningful rally, and every bull market, starts with short-covering (which is why making short-selling illegal is counter-productive; without short-sellers, you have no buyers as no-one is there to take

9th April, 2009

Go with the Flow – Markets are UP.

The trend is UP, world markets are rallying as I write this. Traders should stay with the trend. I receive many comments which has questions that I want to answer.

9th April, 2009

Not looking back, rally with strong momentum.

The Nifty, as one comment says, pulled back for about one hour before continuing with its up move. The Index now moves into the 3400 - 3500 zone where it

8th April, 2009

Dips in an uptrend.

The short term and intermediate trend is up. Today's likely dip may change the short term trend to down if Nifty futures close below 3227, Monday's low. Should this be