Day traders paradise NSE and BSE exchanges

Click Here to Receive Free India Stock Tip to your email

Dear Investor,

India Stock Tips in current market environment is difficult. This market has become day trader's paradise. There is certainly no direction in markets, it trades with a wide range of 500 points. Only day trader will make money in these environment. Its hard to find any investment grade stock. One significant move past week made is clear that we are about to break the downtrend. Market is likely to move up no matter what the world is doing. I am not convinced that market keep shooting higher because I do not see many stocks in this market are actually moving higher. They are not even in significant base building pattern but current action cannot be ignored. Observe folliwing chart and look for blue line joining all past tops. It is trying to break to upside. Buy side volumes are bigger and sell side volumes are low. You have to give it to bulls and agree that market is trying to find a reason to rally. Do not forget stocks do rally before earning in anticipation of better results and market makers will sell it after the earnings are released.

DCB is building good long term base and it should be bought after it closed above 64. Base is a long sideways action in stock that tells you that there is value at this range and current investors are not willing to sell at this price. After a period of consolidation in this range the stock will break this range either to upside or to downside. Current action is bullish in DCB because there is good upside volume and very low downside volume. This is why DCB is India stock Tip of this week.

Thanks
India Stock Tip
Got a Question/Send your contributions for other members:
email:indiastocktrend@gmail.com
Receive India Stock Tip are educational intentions. Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.
Submit your feedback