Status: Confirmed Uptrend
Current Outlook:
Continue reading “Negative Global Cues Weigh Down Benchmark Indices”
“What you’ll find is that little acorns can grow into giant oaks, and that with persistence and hard work, anything is possible.” – William J. O’Neil, MarketSmith Founder.
In recent days, MarketSmith India has been highlighting some investing myths that need to be debunked.
These include the idea of buying a stock with its price on the way down, so that your average cost goes lower, and the notion that you can always make money by buying low, selling high.
Today, the myth that a growth investor should never fall for, is the false promise of riches from penny shares.
Continue reading “Busting the Investing Myth that Penny Stocks Can Lead to Marvellous Riches”
Today’s action:
The major stock indices posted significant gains after declining in the last three sessions. The Nifty Midcap index and Smallcap indices score all-time highs.
Current Outlook:
● Market environment conducive for new purchases, but remain selective
● Focus on fundamentally strong stocks breaking out of sound base patterns
● Stay disciplined and exercise sound buy and sell rules
Continue reading “Daily Big Picture – Key Composites Break Free from Losing Streak”
The major stock indices declined further today, widening the gap from their all-time highs. The Nifty Midcap index and Smallcap indices recover sharply.
● Market environment conducive for new purchases, but remain selective.
● Focus on fundamentally strong stocks breaking out of sound base patterns.
● Stay disciplined and exercise sound buy and sell rules.
Continue reading “Daily Big Picture – Lack of Positive Cues Drag Key Indices Down”
[embedyt] https://www.youtube.com/watch?v=9bmWUZMJK9w[/embedyt]
This Webinar covers the following.
• Six things to know about Selling
• The Cardinal Sell Rule
• How Weak Markets Affect Your Stocks
• How to Spot Sell Signals in Charts
• How Sell Rules Helped Investors in 2007 – 2008 Crisis
• Where to Learn More About Selling
