Well like mentioned earlier 5400 level for nifty was crucial for it to continue the higher top higher bottoms formation, which dint & all were very disappointed concluding range-boundness. But wait a minute, look at Sensex, it coolly broke the Friday highs of 18406 & made a new high today of 18491. So our dear sensex has continued its bullish outlook from the bottom made, after a dip Nifty will join the party, as long as 17070 on sensex & 4995 on nifty are not broken.
Ok off the topic another thing annoying I find companies showing good profit, but somehow due to some operator manipulated analysis they show how the profit is below the expected profit & tank the stock, whereas Companies shown having losses lower than expected are made to hit the roof, come on after all does that make sense ? after all the end result is profits get thrashed & loss welcomed...
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4 comments:
Enjoyed your blog! Had read your messages on MMB now I had a chance to read your views more in detail.
thanks Uma, wish i could do the RIL jig you did today, lol
though I only take positional trades so dont venture in day trading... cause i learned it takes a lot of self control to day trade...
baron bhai,
i loved your quote "profits get thrashed & loss welcomed..."
i got an idea!!!
i will dedicate a song on profits on my blog..
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