Stock Market Trading Solution

Nifty Bonanza Contest

Hey there? Get ready for a bonanza contest. Predict the closing of Nifty on 10-04-2015 (Friday). Bids open till Sunday 8 p.m.. The closest bidder will receive an exclusive gift hamper. Post your bids in the comments below.

Perfomance Status 1-04-2015

Petron Engg. bought at 257 profit booked at 265                                                              +3.11%
Ganesh Housing bought at 103 profit booked at 106                                                        +3.00%
GSPL bought at 125.5 profit booked at 126.5                                                                    +0.8%
TOTAL                                                                                                                                 +6.99%

BOOK PROFITS IN GSPL.

Book profits at 126.50......Call given at 125.45..

New To Stock Market? Start Here?

A STOCK MARKET is basically an aggregation of large number of BUYERS and SELLERS. By their activity these BUYERS and SELLERS give rise to multiple transactions. There is no physical transfer of goods. All that is dealt in is, SECURITIES. Now what is SECURITY? Well these consist of shares of both listed and unlisted companies. For a layman stock market is similar to a public market where both BUYERS and SELLERS quote prices for an article. The only difference is that STOCK MARKETS deal in SECURITIES unlike public markets where goods and articles are traded.

60 MIN. OF GSPL

Shown above is the 60 minutes chart of GSPL. As we can see that Gspl has given a breakout of a major trend line in the last hour. Also, it has completed an A-B-C correction in the hourly chart. Therefore, I suggest to buy the stock at cmp 125.45 for targets of around 129-130 and maintain a strict stop loss below 122.5.