Equity Systematic Investment Plan ( ESIP ) - Intelligent way of stock accumulation

Systematic Investment Plan ( SIP ) remained very popular and successful method of investment in Mutual Funds for long term investors.Taking inspiration from SIP, the leading stock brokers have started providing similar option to investors for stock accumulation.This is known as Equity Systematic Plan ( ESIP ) or Systematic Equity Plan ( SEP ).

Equity Systematic Investment Plan ( ESIP )

We all know it is always risky to invest in stock market.An investor willing to buy stocks wants to enter in the stock at a fair price so as to minimize his risk and maximize the returns

How to be a Successful Trader in Stock Market

Trading in Stock Market is a highly rewarding business.Lot of people start trading ,thinking of making quick money but end up loosing.It is a fact that 80 % traders loose money,only 20 % make it big when it comes to stock markets.My purpose of writing this is not to dishearten or discourage you of trading.There are certain basic things about trading which if followed strictly may help you to shift into the category of 20 % lucky people.

   

You should always remember that these 20 % folks are not any extraordinary people.

Outlook for NIFTY for the coming trading sessions

In our last post on NIFTY outlook,we expected Nifty to move higher towards 6150 and 6200 for retracement of 50-62% of the 350 point decline on the back of short covering.Nifty did that and went above 6200 but could not sustain there.Fed tapering news provided the excuse for the profit booking and Nifty fell towards 5975

Understanding the CANDLESTICKS in a candlestick chart

Candlestick charts make an extremely important part in the arsenal of a technical analyst.Although there are other types of charts also available like line,mountain and OHLC charts but the information Candlestick charts provide about a security earns them a special place in the technical analysis arena.

Candlestick charts originated in Japan,hence popularly called as Japanese Candlestick Charts.

Outlook for NIFTY for the coming trading sessions

Nifty Daily Chart-Retracement lines

In our last post on NIFTY outlook,we mentioned targets of 6040 and 5980 on the lower side.Continuing the downtrend,Nifty fell in 8 sessions on the trot.Breaching the first support of 6040,Nifty went up to 5975,the next major support.From these levels ,Nifty bounced back and closed above 6050 in the last trading session supported by short covering.

Yes Bank-A very short-term selling opportunity

Yes Bank-Daily Chart
source: www.icicidirect.com

During the last few days,markets has seen profit booking after the steep rise.The fall is lead mainly by the banking index.Several banking heavyweights have broken the important support levels in this fall and are offering shorting opportunities.

Yes Bank is also one such stock which has broken down from the Wedge pattern in last trading session

Outlook for NIFTY for the coming trading sessions

Nifty Daily Chart
( source : icicidirect.com )

In our last post on Nifty Outlook, we expected targets of 6350 and 6400 for NIFTY on the basis of strong upward momentum in the market backed by strong FII's flows.Nifty,however,after testing 6300 odd levels faced profit booking and was dragged down towards lower support levels and closed at 6140 on weekly basis.

On the daily chart,Nifty breached and closed below the neckline ( yellow line ) of the Inverse Head & Shoulder Pattern

Systematic Investment Plan ( SIP )

Almost everyone of us has some goal or ambition in our life which we plan to achieve,for some it can be buying a house or a car at some point of time in future,for others it can be children's education or marriage or their own retirement planning or financial independence.All these goals require huge sums of money to be take care of.

Now,everyone has goals but unfortunately very few of us are aware of the tools available to achieve these goals.To accomplish these goals requires very careful planning and discipline

Outlook for NIFTY for the coming trading sessions

Nifty Daily Chart
(source:www.icicidirect.com )

Nifty is continuing its uptrend on the back of strong up move in large cap heavyweights after breakout above the neckline of the Inverse Head & Shoulder Pattern and continuously trading above the neckline.FII's are on continuous buying spree.