Technical view by Nooresh |
- What to do with Financial Technologies – NSEL concerns take the stock down 60% – Technically signals came early.
- Not a time to be Brave – Panic has no Logic. Sit and Research, Focus on Quality stocks.
- Infosys – 2200-3000 – A 800 pointer range – Next Nifty mover
| Posted: 01 Aug 2013 12:47 AM PDT Todays big news seems to be the 60% fall in Financial Technologies. The first hint of something being wrong came in technically. I had posted this chart of Financial Technologies as a trading idea for a target of 600 - In a follow up mentioned that Financial Technologies end up at 500 . [...] |
| Not a time to be Brave – Panic has no Logic. Sit and Research, Focus on Quality stocks. Posted: 31 Jul 2013 11:08 PM PDT This is just a quick note to investors and traders. Let not a stock being down 10-20-50% be a reason to buy a stock. Pause and Research. Take your own time. Some times missing a big trade will be better than sitting in a totally damaged stock. Over the past few sessions have [...] |
| Infosys – 2200-3000 – A 800 pointer range – Next Nifty mover Posted: 31 Jul 2013 09:31 PM PDT In the last many months we have seen Nifty continues to maintain higher levels and everything else listed going into dumps. We have almost reached a stage where Nifty is becoming irrelevant for a trader or investor. There was a time when people would hedge the portfolio with Nifty Shorts/ or Puts. Now it [...] |
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