There is an old saying on Wall Street that the market is driven by just two emotions: fear and greed. Although this is an oversimplification, it can often be true. Succumbing to these emotions can have a profound and detrimental effect on investors’ portfolios and the stock market. Many people says retail investor still not earning from the market, then what is the reason behind it???? Is it fear or greed??? Fear pushes investor sentiment far below fair market value. Conversely, greed pushes investor sentiment far beyond market value, to the upside. Essentially, you want to be buying when others are selling, and selling when others are buying. Now here what happen with retail investors – while there is fear in market and price is at bottom level, we fear to enter into stock, {it’s also called a value investing at bottom levels}. When markets are topping we are always greedy for more upside, and this make investment at higher levels {which is also called a growth investment}. To overcome from this kind of emotions, investor always have to think about, value investing at down level and growth investing at higher level, and most important is assuming time factor for this. Simple formula to gain from market is find the good stock which are consolidating for long time period, and once they break the consolidation range then invest your money for timely returns. As we mention last week that, nifty is having a good support in a range of 6650-6700 range, till this support not broken we can see bounce, and just see exactly happen like that, market able to bounce from 6665 it able to made till 6783 level. As per the current chart development we can see that, market taking support on every fall. Even there is a development of “RISING THREE METHOD” on chart which hint us the bullishness of market, because such pattern found when market trend is bullish. Even with rsi it has given a signal of “POSITIVE DIVERGENCE” on chart now, also rsi is having a scope for up move and price is also trading near to recent high level, so at this point price will try to make a new high, and then after with rsi it can create a signal of “NEGATIVE DIVERGENCE” or even “BULLISH NEGATIVE DIVERGENCE” also. So overall study indicate that nifty is having a good support level at 6650 now, till the time we can see day’s close below this level we cant expect a fall in our market, if price sustain here then upside it can try to hit 6820-6830 level and if able to close above this range then it can give up move till 6950-7000 level in coming days.
ENTER YOUR E-MAIL ADDRESS FOR LIVE & DAILY UPDATES
Recent Posts
- This Indian Fortune 500 Company; To Invest ₹65,000 Crore In Andhra Pradesh To Set Up Next Generation Compressed Biogas Plants; Will Empower 2,50,000 Indian Jobs in 5 Years
- This World’s Leading Zinc-Lead-Silver Producer Discovers Gold Block; marks Big Bang entry into Yellow Metal Business; Eyes to Dominate Precious Metal Portfolio
- This Leading Indian Auto Giant gives birth to First CNG-powered Motorcycle; Will become Gamechanger to Disrupt the Two Wheeler Automobile Market
Categories
- ALUMINIUM
- BANKING
- BUSINESS
- CNG
- COMMODITIES
- COMMODITY FREE 100% LIVE INTRADAY CALLS
- COPPER
- CRUDE OIL
- Economy
- FINANCE
- FOREX MARKET
- GLOBAL STOCKMARKET
- GOLD
- INDIAN STOCKMARKET
- INSURANCE
- IPO
- LEAD
- LONG TERM CALLS
- NATURAL GAS
- NICKEL
- SHORT TERM CALLS
- SILVER
- STOCK MARKET LIVE FREE 100% INTRADAY CALLS
- Stock Research Reports
- Uncategorized
- ZINC
Tags
BANK NIFTY
big gains in stock market
bombay stock exchange
bse
bse india
chart
daily big gains
equity tips
free daily tips
free trading
good accuracy
intraday tips
investing forums
low brokerage
mcx commodity live prices
mcx gold live price
mcx gold price live
mcx india live rates
mcx live chat
mcx live gold price
mcx live price
mcx live prices
mcx live rates online
national stock exchange
Nifty
nse
nse live calls
online trading
share market tips
share tips
stock cash tips
stock forum
stock market
stock market forum
stock market live prices
stock market tips
stocks
stock tips
sure shot calls
technical
Technical Analysis
technical calls
technical study
Trading
trading tips