Market has a job at hand - How to close the year and December Series? It has been a phenomenal year for investors but it seems traders/investors may not like to rest easy and end the year with another upmove - breaking out above resistance area of 5180-5200.
It seems the next 3 days - we may see an interesting battle: Breakout hoga…breakout naheen hoga. My gut feel: breakout will happen but only on last day of December.
Till that happens, keep chanting - Market loves me,
market loves me not…if you are sitting on long Nifty positions
DEC
29
Investment decisions mostly are driven by recent experiences/learnings.
2008 and 2009 has changed people’s approach to the market for good. No one is ready to take things for granted now. Most of the conventional theories have been thrown out of window. But with economy returning back to normal, investors may have to unlearn many of the lessons of 2008-2009. Are you ready for new market environment?
DEC
28
I have compiled few market observations purely based on market data. No opinions. I hope you will find it interesting.
DEC
28
Are you planning to invest in Ashok Leyland stock? Here are some observations
DEC
28
How are sectors contributing to overall market’s performance. Well, let us have a look at the last one week and last month sectoral performance to get a deeper understanding of where different sectors stand.
DEC
28
Which is one level/moving average that has acted as the most consistent resistance/support level for Nifty in last couple of years? What do footprints on charts suggest?
DEC
26
Infosys had an annual analyst day earlier in December. Post that meet, Morgan Stanley has come out with bearish view on the stock (not on the company). Their 12-month price target is 1775 and here’s why?