Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Saturday, June 27, 2015

Fraught With Losses ?



The Bull has lost steam just when you got the confidence to get in ! Or you felt the markets have been going up for like eternity and all that goes up has to come down so you shorted the market ! Losses can come more times than you desire and then you are Fraught With Losses ! 

I got a  request for a bailout plan from one such loss maker after he took a tempting call for shorting the markets from a Large Fund House.

Markets are dynamic and so one cannot be guaranteed of an absolute return, a point which most non-professional market participants fail to understand, thus being on the losing end more times than not.I am writing about this topic not to repeat the rules of trading but just to let you know that there is no bailout  in such a situation.

So what does one do to end this misery ? Cut your losses. Selling, whether we are in profit or losses is more difficult than buying as selling is tied to the emotions of fear and greed.Not cutting losses would lead to more losses in terms of money, time, effort, and lost opportunities.So cut your losses unemotionally.After you have done it your head will feel lighter.Your monetary losses have been quantified and you can start looking afresh for oppurtunities to make up the loss.BUT, make sure to have a strategy in place before getting into the markets !
 

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Happy Trading !!

Lakshmi Ramachandran
www.vipreetsafetrading.com

Sunday, March 22, 2015

Gold - The Wait for "BUY" May Be Getting Over !



Weekly Chart 



 The target of 1165 set by the breakdown from the descending triangle has been achieved and Gold is once again hovering at this strong support area of 1179-1130.Accumulating in small quantities wouldn't be a bad idea !



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Happy Trading !!

Lakshmi Ramachandran

Monday, December 22, 2014

ACC - Getting ready for a downmove?



Daily Chart 




ACC has been moving within a bearish rising wedge since the 2008 top.A potential double top at 1545-1565, return failure - failure to touch the resistance line of the rising wedge-, and a bearish head and shoulder pattern forming point to possible bearishness.

Watch for break of the red neckline at 1355  to kick start a bearish move !



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Happy Trading !!

Lakshmi Ramachandran
Vipreetinvestments

Tuesday, November 25, 2014

Reigning the Nifty !




 Excerpts from Daily Analysis sent to subscribers


Half Hourly Chart 

 
  • Nifty made a bullish candle on daily charts after opeing gap up  making a new high at 8535. The gap at 8477-8491  will be immediate support.
  • Half hourly chart shows an expanding tringle forming which is a bearish pattern and has met resistance exactly at the resistance line. Trade above 8535 is necessary to avoid a leg down.
  • Previous high 8180 and gap at 8169-8200 will be strong support if Nifty weakens further.


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Happy Trading !!

Lakshmi Ramachandran
www.vipreetsafetrading.com

Sunday, November 16, 2014

Stocks Making New Highs - My Favourite stock -Asian Paints



Asian Paints


The stock has been making higher highs on a continuous basis qualifying it as extremely bullish.


The uptrending channel shows capability to move higher once again.With the consolidation over, as depicted by a breakout from the equilateral triangle, the stock should resume it's uptrend and achieve higher highs.

Write to vipreetinvestments@gmail.com for enquiries about subscription to our stock picks and daily analysis of the Nifty and Bank Nifty.




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Happy Trading !!

Lakshmi Ramachandran 
www.vipreetsafetrading.com