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Dear Mr.Goswami, Right now all the indicators for nifty looks positive.You may slowly enter for long with mental stoploss at 4540,preferable sector is oil & gas, healthcare & FMCG. Regards Sankar

Thanks let's talk about nifty at this juncture.Recent high and low are 6357 and 4002.Currently it is consolidating at at levels 4971 and 4540.Last friday closing was 4777.The fibonacci level suggests that 0.618 retracement is 4901 and about .77 is 4543. Against above observation without using...

If Fibonacci level can give you the bottom ,It should give you the top also.In a bull market it may just go under 0.618 level fish the stop losses and start the up move.In a bear market It is the other way around. Unfortunately we are never confident about the bull/bear market.Any phase can...

Re trading intraday you need too many data and experience to be a regular earner.you first earn through regular trading on delivery basis and then only jump into F&O or intraday.Earning in delivery trading is also extremely difficult consistently.A few steps are as under: 1.wait and wait with...

Let the market bounce back and form a convincing bottom.

IVRCL one year target is minimum Rs 600/-.You can record it from its past upmove.

Balrmampur chini is forming a strong base at RS50/-.The high breakout point is 66.5.Nifty have to stop falling first to make any assessment for going long.

nifty must show one green weekly candle to assess some kind of base,before that bottom cannot be assesssed.It has gone through 38.2% fibonacci level and proceeding towards 50%.Impossible to assess the bottom. Even if it stops falling the pain will continue till end March.Good chance to enter if...

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3958 is the fibonacci retracement of 50% from the low of the fall 3675.If it breaks open 4065 on the upside then only your long position will start paying.For short position you are closer to the low.

nifty might not have completed its fall today completely.Another 150 to 200 points fall is possible.This may be a relief rally upto 3958.unless it crosses ema22 you may be hit from the wrong side and quickly loose 5 to 15 % within a day or two.We have to wait another two weeks.

Today the frontline stocks are showing weakness.But midcaps are showing strength.Some of the midcaps in construction,steel,cement,media ,capital goods are good buy even today.Unitech closed in upper circuit.It may so happen that sensex will tank and good midcap stocks will fly at the backyard...

It is impossible to predict market movement in short term.But If sensex does not recover on the budget day,i.e, on 28th it will touch minimum 12500 and lower.Now it much depends on the government.

Dear Pravin, Ashwani Gujral gives tips on highly trending stock with a deep stoploss.If you enter the stock the stock comes down for intermediate correction within a day or two before stock enters your dmat account.If you hold a stock patiently for months you may get the benefit.The point is...

I have to trade if I find a share suitable for my choice.I need to pull the trigger at right time otherwise I keep on loosing the initiative.The fear of market crash will be there as long as we trade.I feel the important thing is stoploss.It has to at a place where it allows sufficient space...

wipro has broken out.you may move into strict stoploss to catch a false breakout.However watch ADX and hold stock through its upmove.Market may correct anytime ,pennystock problems are creeping in.Signalling market topping.

Wipro is going through some consolidation at the level below 521.00,i.e, it is at 510 today.It will try to break 521 shortly.Immediately it is not in a great trending mode.The daily trending indicator ADX is below 20 and daily and weekly MACD is showing slight upmove.The trend is developing.Hold...

This may be a 123 formation for break out. sankarghosh

I have started trading for last two years and yet to be successful.I am fully conversant about technicals but yet to find out the real trading system.I make my trading decisions technically for entry but yet to find out a suitable exit system.I am an engineer from IIT and a qualified cost...