The Nifty moved in a narrow range today, just 48 points. The range contraction tells us that the market participants are confused. They are not sure of the direction in
In my earlier post Did you buy ? I explained that viewers should have a strategy to follow the advice given on CNBC or for that matter from any source. A comment
I have a discussion on Stop Losses, here. On Friday morning (January 16, today) I was on CNBC. Udayan asked me what my Nifty strategy for the day is ? I
A few examples of the RSI2 setup can be found here . An explaination: "you have to avoid taking signals when there is a strong trend." This means that momentum trades should
Today saw the Nifty rally by almost a 100 points. My submission is: We have seen a breakdown from a trading range. Do not underestimate the power of trading range