Saturday, January 29, 2011

Trading in indian stock market - A look at last week

Trading in Indian Stock Market


What a week for readers of jerrytechnicals. 


We started the week with a look at nifty chart (link) and a weekly pick (RCOM).


We forewarned readers about potential turn of market after RBI policy and it was


exactly what happened. Nifty crashed like nine pins.


RCOM broke 129.50 and crashed to 120 in a matter of hours. 


Any regular reader of this site would have made 20,000 rupees last week trading 


two lots(contracts) of nifty future and one lot(contract) of RCOM.




Join us tomorrow for analyzing nifty chart and weekly pick.





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