Some fool analysts recommend day trading calls based on Technical analysis. TA is good if u want to keep shares for a couple of weeks or months. For day trading, the only analysis required is the global market analysis, which can be done 20 mins before the market opens and then keep on watching business to catch any new triggers.
For today, US markets closed negative on monday, Asean markets opened weaker hence, BSE was supposed to open negative. But, there was no negative news anticipated, the markets are supposed to recover fully or even go positive.
Hence, short selling was the best approach. I did short sell of intrasoft and some with Nifty futures.
Don't follow analysts, become one... take ownership of your decisions. :thumb::thumb::thumb:
For today, US markets closed negative on monday, Asean markets opened weaker hence, BSE was supposed to open negative. But, there was no negative news anticipated, the markets are supposed to recover fully or even go positive.
Hence, short selling was the best approach. I did short sell of intrasoft and some with Nifty futures.
Don't follow analysts, become one... take ownership of your decisions. :thumb::thumb::thumb:
