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9th May, 2012

BHEL is at 2008 Lows.

Even amidst the carnage that we are witnessing in the stock market, BHEL stands out as an exceptional disaster. BHEL, one of India's best public sector companies is now trading

8th May, 2012

Markets in Decline

I have been bearish on the Nifty when it broke below 5300. A target of 5000 was set for the decline. On Monday, May 7, the Nifty fell to hit

7th May, 2012

Trading your Plan.

Today morning, on CNBC (as well as in this blog!), I had given our trading plan for the Nifty. We were short, and, planned to close our short positions when

4th May, 2012

Identifying a Low.

Extracts from Alan Farley's book - The Swing Traders Toolkit In a downtrend, the sequence of lower lows will finally end when price forms a higher low. The higher low

3rd May, 2012

Gold Moving to new highs

Kuldeep.rk asks: "I am of the opinion that GOLD is breaking out the resistence line ( upper trangle line ) on daily / weekly charts. Have initiated initial long positions