Why You are better off Investing

When I left my job in March 2001 and chose the stock markets as my next source to make a livelihood I did not have an inkling of how I would earn. It was easy with a job to get a pay packet every month by just doing your allotted work.Luck was on my side as the Indian stock markets soon saw a low which we may never see again.I dared to buy  a few of the Nifty stocks at those mouth watering prices ( and sometimes rue why i bought so few) to test waters.Those stocks have now gone up more than 500% which is truly mind blowing.This is why Investing for the long term is better than trading.

This oppurtunity comes once in a while and one needs to be ready to take advantage of it.A bluechip is almost always a "buy on dips" stock.To help others with such a strategy Nishit of  money-manthan.blogspot.com  and I came up with two set of stocks and did let you'll know about it.Those who missed it earlier may read about it here. http://vipreetinvestments.blogspot.in/2011/09/wanna-shop-with-me_24.html  and http://vipreetinvestments.blogspot.in/2012/01/we-picked-some-mid-caps.html.




follow me on twitter http://twitter.com/#!/lucksr

Happy Investing !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

S&P500 9th March 2012

Daily Chart

 

The expected pullback was more fierce than expected and the momentum gathered may take it to 1378-1391.

 



follow me on twitter http://twitter.com/#!/lucksr

Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

Reigning The Nifty 9th March 2012

Daily Chart

Yesterday's candle continued withe the fall making a lower high and low closing below the green neckline.Not much change to the technicals.

Half Hourly Chart

The fall below the red neckline continued and the neckline proved good resistance too.Now resistance at 5238-5232.If stays below this then we have a target of 4890.If breaks above it then possibility of the flag breaking out brightens.Resistance at 5335-5311.
Oscillators on half hourly charts showing positive divergence.So a pullback may be due.

Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

Reigning The Bank Nifty 9th March 2012

Daily Chart

The candle made on daily charts is quite encouraging as it shows buying at lower levels.Resistance now at 10290 and support at 9822.

follow me on twitter http://twitter.com/#!/lucksr

Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

S&P500 8th March 2012

 Daily Chart

 An Inside day showing indecision.If the pullback continues 1359-1364 will be strong resistances.and a continuation of the fall will get support at 1340-1325.




follow me on twitter http://twitter.com/#!/lucksr

Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com