Thursday, January 30, 2014

Free E Books ,Trading,Day trading,Investments

 Four biggest mistakes in trading futures
First the bad news: best estimates suggest that 90% of
individuals who trade commodity futures lose money doing
so. Now for the worse news: This estimate may be too low.
The sad fact is that somewhere along the way the majority
of traders make one or more critical mistakes in their
trading,
 Read the full e book
Four biggest mistakes in trading futures 

The little book that beats the market 

This book was originally inspired by my desire to give each
of my five children a gift. I figured if I could teach them
how to make money for themselves, then I would be giving
them a great gift—truly one that would keep giving.
Read the full e book 
 The little book that beats the market

FRL Technical chart

Looking at the FRL Technical chart ,We see a nice spurt from 60 odd level
to all the way up to 90+.
We had correction after that which lasted almost a month it was a range bound
correction,In elliottwave terms FRL did a expanded flat correction.

FRL Technical chart
Now from 79 onwards we have a nice spurt in price which confirms the end of correction.
We have a nice swing trade setup in this script.
This stock is a buy now and in dips with stoploss below 79 for a target of 100+.

Regards
Rish

Wednesday, January 29, 2014

Nifty Technical Chart 29th january

Hi friends,
                     Nifty breached 6130 ,Though only intraday but it looks like we would
hit lower levels after some pullback ,I would consider this count henceforth .
Nifty technical chart
Minimum target for c wave would be a=c ie 6070.
If it stretches we have other levels ,To read old nifty post go to the following link
Nifty technical chart.

Regards
Rish

Tuesday, January 28, 2014

IRB Technical chart

Hi friends,
                    IRB Infra ,I had posted coulple of months back stating above 100 this stock pattern
changes and it would do great ,But this stock did not cross 100 so this started a new
corrective wave now,Read old post here IRB INFRA .
Lets look at the present picture.
So we made a X wave with a double zigzag and now the stock has started its Z wave.
So eventually this is tripple zigzag or WXYXZ correction ,This stock can make a new low now,
50 is very much a reality now ,For investors its a no hold stock till we come near its lows of 60-50 .

Regards
Rish