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Sunday, March 17, 2013

Market Analysis - Bull or Bear

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Dear friends, I am not update the site for a long period. Now I write here in my day to day works and experience gained. Friends you all know that trading a billion dollar market where the people of all walk of life wants to make money.But, you knowing to astonish that most of the people lose their capital rather gain money. We think it is easy to earn from stock market by day trading and we follow the tips provided by best known analyst present today. You may come across some of the trading tips providers present across the country. It is a surprise to know that 99.99% of tip providers have neither have any technical knowledge nor they have any establishment. I give you a link here that helps you to know how the people make money from those people who think to be a millionaire or billionaire in a night. Another thing that one should know that day trading is just like to burn money rather make money. The broker may be a billionaire by your day trading but not you. Next, you think what one do? Is it wise to invest for long term in stock market and sleep? I think it is just like your marriage with  stock and finally what you get ... a zero balance of your capital. Ok..ok then what should be the wise strategy then? I think one should follow the trend of the market and get out from market if reverse the market. I give you some simple way and suggest to check it, analyse it and then enter.

Let us know what is the trend of overall market ... Bullish or Bearish. Look these charts first.



Friends this is the chart of SENSEX that we always talk about. The chart shows that the overall market for short term is strongly bearish. Now let us discuss another chart. Look here ..




Yes, this is the chart of Nifty (Spot) that everyone discuss. The chart also shows similar trend as the SENSEX  shows.

A question arise how reliable these charts ... then friend please look this chart now ..




This the chart of Balrampur chini in the month of Sept 2012. Let us see what happen now .. Look here




Yes, this the result after six month time frame.
Friend thats all about the todays outlook of the market. What you think ... please give your valued comment  so that I improve my analysis. Good Night.

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Srikanta Lenka
I am a teacher and blogger. INDIA
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