Those who are willing to take some risk can go long in Nifty at close today and keep a SL of 6000. This is an event driven week and hence buy some protection if you are skeptical.
We are saying market is volitile & we are suppose to see large movement. But today whole of the day it is moving in very narrow range of just 20points.
What does this indicate?
We are saying market is volitile & we are suppose to see large movement. But today whole of the day it is moving in very narrow range of just 20points.
What does this indicate?
Markets have been volatile in terms of relative movement. The movement we saw in September, makes us volatile. October was a month of volatility relatively easing whereas in November we could see the volatility picking up again.
When you talk about volatility, do not measure it with a day's movement. Always look to measure it at least over a period of 5 days. Currently we are in volatility up swing and hence everyone needs to cautious.
My tgt 1030 in short term .. though with underlying bullishness seems diffcult BUT from 1100 to 1065 today ... so somewhat directionwise got it right ... lets see till where it goes ...
Once a reversal is seen ... entry wud give excellent returns ... till then enjoy the markets vis a vis other scrips
Bro entered tubeinvest at close at 157 sorry for bothering u again n again but just want to see is it a good buy??????????
covered J&K bank at 914.65 stomach dukh rahaa tha would re enter now around 850 If it retrace till there as neer 52week high
Bro entered tubeinvest at close at 157 sorry for bothering u again n again but just want to see is it a good buy??????????
covered J&K bank at 914.65 stomach dukh rahaa tha would re enter now around 850 If it retrace till there as neer 52week high