Tuesday, December 29, 2009

Year End ideas

The year gone by was a very good year in terms of market gain.

As the New Year is knocking at our door its time to go back and think about trading mistakes . Make a personal note of every trade and work out how you can improve further. Losses are part of our life. As a trader you should not try to score 10 out of 10 . If you are able to score 5-6 you have made it as a trader provided you have discipline to cut losses in time.

Texmaco has support at 139 and resistances are at 170-195.

Rail stocks are also showing strength. Kalindee Rail, Titagargh Wagon and Kernex Micro are buzzing.
Keep thesr stocks on radar particularly Kernex as this stock is consolidation with low volume and is trading in a range. A sharp explosive move is expected.

We wish all the readers of our blog a Very Happy and Prosperous New Year .

We would be happy to receive your comments and feed back.

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