Market has shown remarkable recovery in last week by climbing almost vertically. However, Is this for real and here to stay? Will it be able to continue its journey higher at this pace!!! What shall we expect in near term?
As more and more members are accessing the website through mobile devices, this weekend we took the opportunity to modify and rearrange couple of sections on the website. This shall provide easy reading as well as simple navigation throughout the website.
We hope you enjoy reading the content and in the process gain valuable information for making wise financial judgement.
As expected, we got our initial bounce. Does it mean we are out of the woods yet! NOT even closer, this bounce is mere a reaction from extreme oversold conditions of the market. As mentioned earlier, markets do not go down or up in a straight line and when stretched too far in one direction often snaps back to other side just like a rubber band. So what shall we expect in near term?
How are our identified stocks doing so far!!!
The idea of this section is not to "pick stocks" but rather educate on how to pick Stocks with appropriate risk management, so that we can benefit from gains as well as cut short our losses.
New candidate are added to our watch list this week...
Nifty is still trying to find support. It is unclear if it will hold support near 5550 area or will it close the gap at 5450 area. What do you think?
Just like all of you, hard working and trying to make a better living.