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Thursday, November 3, 2011

[informed-investor] Technical Analysis:Bank Nifty,Jubilant Food and DLF

Overtrading

There are stock traders who make 150 or more trades in a single day. I am not sure they make a lot of money. I firmly believe that you can make more money by making fewer trades because it will make you focus on only the best of opportunities, and play them with a larger amount of capital so the pay off is better. By being patient and disciplined with the really high probability trades, you can maximize profitability.

 

Bank Nifty


Bank Nifty is trading at its upper end of down trending line facing resistance 9888 and 9984, and any move above it will make Bank Nifty is 5 figures :)

On Upside first resistance will come at 10080 and Most important resistance

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Rgds,
Bramesh
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http://www.brameshtechanalysis.com/

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