inflation, rising crude oil prices, global economic slo dwn nd interest rate wil weigh down heavily on the market. We may have formed an immediate short term bottom..... yesterday's pull back may take Nifty to some higher ground but we are still not out of woods.
Let’s see how things shape up in coming weeks. We may have some wild swings. And its better to stay away from this choppiness and wait for another opportunity to go long nd hold our positions fr better profits......
now about my calls.....
1) we will nt hold any of the positions fr more than 3 days.......The main strategy is to ride a market swing of 2-3 days.......
2) Losses are inevitable in trading. The only way to deal with losses is – accept it! For ex. i give u a call nd and it goes into loss..... i will post a call for cutting losses. Do not hold to a losing position in the hope that it will become profitable someday.... Cut your losses immediately....
3) fr now we will swing swingg only........once we r out of the woods.....i will definately give calls fr 10-15 days.....
ANY SUGGESTIONS WILL BE APPRECIATED..............
ALL ARE WELCOME TO SHARE THERE EXPERIENCES AND KNOWLEDGE.........