NIFTY COMMENTARY by Kiran WEEK 14, ABOVE 13,000-bubble rally?

Hi Friends,

Nifty is facing stiff resistance at 13150-13250 range. This consolidation is needed before brakeout.

THIS IS LIKE CALMNESS BEFORE STROAM.

MY option for this week is same as last week.

I will go for the option 2. BUY hold.


TRADING ADVICE: avoiding BIG losses makes your trading carrier success. The reason for big losses from my personal experience is that, after certain level of loss, A HOPE come which makes the small losses BIGGER ONES.

SO don't pray for market to come to your direction but be merciless with market. IF your trade is in loss, get out immediately. My saying for the TRADERS is THERE IS ALWAYS TOMORROW.


Your humble trader

S. KIRAN

QUOTATION : LEARN FROM EACH AND EVERY POSSIBLE SOURCE AND LET THE COMMON SENSE MAKES THE DECISION.
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follow my profile for new trading ideas (kiransunku2016)
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The five conditions I watch regularly are.
1. BUYing opportunity
2. BUY hold
3.Wait for trend confirmation
4. SELLing opportunity
5. SELL hold.
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