Daily Big Picture – Investors Remain Watchful Ahead of RBI’s Policy

MarketSmith India_William Oneil India

Today’s Action:

Markets displayed slight recovery after heavy correction over the last few trading session. Both the indices started positively today and were able to hold their momentum until the end of the trading session.

Daily Market Review:

The benchmark indices started the holiday truncated week on a bullish note as both the Nifty and the Sensex posted healthy gains amidst anticipation about RBI’s monetary policy decision, which is to be announced tomorrow. Broader and sectoral indices also performed in line with the frontline indices. Continue reading “Daily Big Picture – Investors Remain Watchful Ahead of RBI’s Policy”

How To Accumulate Long-Term Profit In Stocks?

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When a stock is going the right direction, your decision making is not as easy. How long should you hold? Here’s a specific rule to help boost your prospects for long-term stock investing success: Once the stock has broken out, take most of your profits when they reach 20% to 25%. If market conditions are choppy and decent gains are hard to come by, then you could exit the entire position. Continue reading “How To Accumulate Long-Term Profit In Stocks?”