This week new BULL RUN of Indian stock market can be expected for short term investors..
Nifty Daily Chart
Tomorrow may be the day of taking new positions if Nifty closes above 5367.
FII Investment Chart
FII are started taking new long positions.
Major change in Nifty 5300 put writing and 5500 long call position of July series.
Indian Vix Chart
VIX has also broken the barrier 20.76.
Nifty change in volume (%) : 1 day = 0.57, 5 days = 2.81, 21 days = 5.15.
Again I want to remind you, Long position should be taken if Nifty stays above 5367, otherwise position should be closed.
Best of Luck
Our blog STOCK2GAINS.BLOGSPOT.COM is an attempt to ride stock market with stock specific approach, irrespective of the indices, which i termed as VOLUME PRICE TRADING ( VPT ). B coz v believe that there is always a bull market, u just need to identify it. We have set our own set of rules & we try at best 2 wait till opportunity kicks in. Like every other field of the life, encouragement is a vital element to push such efforts. Ur encouragement could be a catalyst for my attempts. Kindly keep visiting my blog to rank my efforts & also keep commenting wherever u think i am going against a disciplined approach to conquer this jungle.
ReplyDeletewishing a much successful association.
regards
rochak parekh
P.S. - Recommended posts to go through
1. http://stock2gains.blogspot.com/2010/06/why-to-put-stop-loss.html
2. http://stock2gains.blogspot.com/2010/06/what-is-your-trader-type.html
3. http://stock2gains.blogspot.com/2010/06/trade-summary-functioning-of-volume.html
4. http://stock2gains.blogspot.com/2010/07/love-sex-aur-dhokha-trading-i.html
5. http://stock2gains.blogspot.com/2010/06/welcome.html
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