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19th August, 2011

High Performance Trading: Book Review.

High Performance Trading is written by Steve Ward. The book is published by Vision Books (www.visionbooksindia.com), New Delhi, India. The price is Rs 495 only. I am obliged to Vision

18th August, 2011

Correction & Again in a trading range.

Where is the correction? The Nifty appears to be drifting into a range with quite narrow boundaries. We have visible support at 5000 while the top of the range could

16th August, 2011

Big decline in mid cap stocks.

Today's market action was significant in many ways: 1. The Nifty close was the lowest so far in the current down trend. New lows are usually bearish. 2. A gap

15th August, 2011

Smile on our faces – A tribute to Shammi Kapoor

Shammi Kapoor,  cinema idol of the 1950's and 1960's, died on August 11. To an entire generation of Indians, Mr Kapoor gave hope, cheer and laughter.  I was too young to

15th August, 2011

Follow the Trend

Profitable trades are often made in the direction of the trend. The obvious question is: how does the trader define the trend? Traders should realize that the definition of trend