Thursday 15 November 2012

Market Update 15/11/2012 3:20 pm

Looking at the market movement, Traders have become quite cautious and there are huge shorts that have been built. Since there are multiple supports, short covering and fresh shorts are simultaneously built up. At these levels, the targets can be small and stop loss will also be very strict.

Though the international markets are negative, our market is very resilient and is providing BUYING opportunity for all medium term and long term investors.

For short term traders, it is better to take rest for a day or day until market starts trading in a safe zone.

Only Professional traders can make money, rest all will loose money in this market.

Avoid Index trade on Intraday basis, Stock specific moves are always there.

Today we had given 3 important calls to our PAID members, SBI, Infosys and Exide, all three have hit their targets.

If you are interested to know more about our service, check http://nsebseintradayindia.blogspot.in/p/paid-services.html

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