Refer my post of 11th January on this blog.
I have mentioned that the two weeks would be of the "maine bola tha kind Kids' weeks".
Stocks like Reliance, Tisco, SBI, CoalIndia, LT zoomed sharply.
An average trader has been used to of selling due to the trend of past year. And I have mentioned that we should avoid what we have become used to of.
Refer the weekly chart of Nifty below.
Though Nifty has displayed superb strength it has not breached the downward channel yet.
Now, for one week, a trader can create position in any of the stocks like YESBANK, DCB, AREVA, FINANTECH or any other stock of his choice.
The condition is the stock has to be a side-line counter and not front-line counter.
But, the trade for the day is Silver MCX.
On January 16, SPG has mentioned in the morning itself the updates about Silver and mentioned the targets also.
But, today the post will be published by evening only.
Wish you a happy trading.
Sheetalpuri Goswami
E-mail: goswamisheetalpuri5@gmail.com
C: 079-40328915
M: 9879028295
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