As expected, market continued to remain in consolidation phase. BUT why is market NOT moving in either direction!!! For long will market continue to remain in this phase!!!
So far, market has managed to consolidate in a very narrow range. This might continue for sometime and market may even pullback a bit providing good buying opportunity. How long will this consolidation continue!!!
As expected, market is taking a breather after initial breakout from BULL Flag. Where is the next resistance? What to expect next!!!
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 candidates are added to our watch list...
Last week, market made a huge move on good volume and the BULL Flag was broken which is considered bullish in near term. But the key question should be, how far can this move go? Can you predict!!!
What a move in a weeks time! Market decisively broke the BULL Flag and might soon find itself near next resistance near 5900 area. What to expect next!!!
Just like all of you, hard working and trying to make a better living.