Posts
Tuesday, August 24, 2010
Intraday trading tips for day trading
Intraday trading is on the rise but we cant expect huge returns immediately, It is a risky affair, but if we strictly follow these golden rules for intraday trading then we can minimise the risk of making loss even in intraday trading of stocks.
Intraday stock trading has many merits then the long term investment some of them i have written below:
1) You will have to pay less Brokerage.
2) Everyday you can do fresh trading according to the market trend because everyday market trend is different.
3) After stock market closing, no body can predict next day's market opening.
4) There is no need to pay any carry forward margin.
5) In intraday you can trade good volume with low risk.
Following are the rules whihc an intraday trader should/can follow for minimising the risk of making a loss in share trading:
1) Donot overtrade beyond your financial capacity and donot hurry in making profits, always have some reserve money.
2) Diversify your intraday investments into different sector stocks, this minimises the risk, for example if a person had invested in IT stocks before recession started then he would have been worst affected by his decision.
3) You can follow the trend of the market to be more safe with the investment, These trends are started by the brokerage houses which passively control the working of the stock markets as a whole, thus you can follow what they say, but not blindly.
4) Dont be to greedy - In share markets and intraday trading you cant expect profit everyday, just invest inside your budget.
5) Profit should be used for purchasing the stocks in future as this would help in securing your principal amount and you can build further on the profits.
6) Dont trade intraday if you are not clear about it.
7) Do not average out in our share tips when market is not in favour. Limit your losses by keeping a stop loss order - Never cancel a stop loss order after you have placed it, otherwise you may loose more.
8) Intraday trading is more fruitful if you trade only in high volume stocks.
9) Focus on short selling instead of long term investment.
10) Follow your instincts and not thr rumours as rumours in stock markets are very dangerous for your hard earned money.
11) You should consider the other input costs like brokerage rate in intraday trading as the profit margins are lower in intraday trading.
Realty | banks stocks drags down SENSEX and Nifty
Major Indian Stock indices including BSE's SENSEX and NSE's NIFTY are witnessing profit booking by the investors and are down, market breadth is also negative with 1538 declines against 1181 advances at Dalaal Street.
The 30 stock benchmark sensex is trading below 18400 and Nifty is also down by more than 0.5 percent from the morning session.
Related Posts for today:
Consolidation of Indian IT Sector
Sectoral performance today
Daily Stock Recommendations
Stock Investing tips
World Stock Indices today
Hindalco Industries, DLF, Sterlite Industries, HDFC , HDFC Bank and Jaiprakash Assoiciates are currently topping the list of todays biggest losers. Whereas Bharti Airtel, Reliance Communications, TCS, NTPC and SBI. Bharti is looking very optimistic about kenya and wants to be market leader in Kenyan mobile market.
Time for Consolidation of Indian IT Sector
Indian IT industry has withstood the 2008 recession well, All thanks to the cash pile and the margins and the meager pay salaries over the last two years, The reason for coming out even strongly is the cost cutting measures ranging from sending fewer people on-site, some price negotiations, giving no salary hike for two consuctive years to employees(on name of recession), firing people secretly(so that stock does not plummets) etc, ...read full
Monday, August 23, 2010
BSE live - SENSEX down as Realty, banks loose
Looks like global uncertainties are prevailing everywhere and in Indian Stock markets too, The 30 share benchmark index BSE's SENSEX, NSE's Nifty and other stock exchanges are today down due to uncertainty present.
Todays decline in stock markets was led by realty, metals and banks. All of the stocks of these sectors are down.
You can check the live sectoral performance in this table below:
Related posts -
Daily Stock Recommendations
Stock Investing tips
World Stock Indices today
| Index Name | Last Trade | Change |
| BSE 30 | 18,373.82 | 35.53(0.19%) |
| AUTO INDEX | 8,913.09 | 2.25 (0.03%) |
| BANKEX | 12,538.14 | 59.80(0.47%) |
| BSE - 100 | 9,848.43 | 25.63(0.26%) |
| BSE - 200 | 2,359.07 | 7.03 (0.30%) |
| BSE - 500 | 7,479.05 | 18.07(0.24%) |
| BSE - CAPITAL GOODS | 14,921.80 | 42.86(0.29%) |
| BSE - CONS. DURABLES | 5,919.75 | 20.83(0.35%) |
| BSE - FMCG | 3,348.16 | 8.26(0.25%) |
| BSE - HEALTHCARE | 5,622.24 | 25.00(0.44%) |
| BSE - INFOTECH | 5,536.96 | 10.68(0.19%) |
| BSE Mid-Cap | 7,874.03 | 13.00(0.16%) |
| BSE PUBLIC SECTOR | 9,797.97 | 16.24(0.17%) |
| BSE Small-Cap | 9,966.11 | 2.08(0.02%) |
| BSE TECK INDEX | 3,461.71 | 5.82(0.17%) |
| METAL INDEX | 15,361.73 | 120.39 (0.78%) |
| OIL & GAS INDEX | 10,226.51 | 3.80 (0.04%) |
You can see that most of the sectoral indices are also trading in red currently.
The benchmark index SENSEX has hit a low of 18377.93 and high of 18451.73 in trade so far. whereas NSE's NIFTY touched low of 5524.15 and high of 5547.25 .
keep logged in for latest Indian stock markets updates.
Stock recommendations for August 24
1. EIH ltd(short term) Present in Hotels business - sell 160 present 140.
2. Century texttiles Ltd - Textiles - sell - 550
3. Shree renuka Sugars - Sugars - sell>80, present ~70
4. BalramPur chini - Sugars - sell - 100, present 88
5. Lupin Ltd(short term) Deals in Pharma - sell >2000 present - 1875
Friday, August 20, 2010
BSE | NSE Sectoral indices performance analysis for today
The Bombay stock exchange closed down today and market breadth was negative, uncertainity about global economy and financial situation further added in weakening investor confidence, Profit booking after two days of rally also resulted in selling of the stocks at Dalaal street today. The performance of Bombay Stock Exchange sectoral indices for today is as follows:
| Index Name | Last Trade | Change |
| BSE 30 | 18,401.82 | 53.12(0.29%) |
| AUTO INDEX | 8,874.83 | 17.61 (0.20%) |
| BANKEX | 12,527.49 | 99.76(0.79%) |
| BSE - 100 | 9,850.83 | 6.28(0.06%) |
| BSE - 200 | 2,357.91 | 2.54 (0.11%) |
| BSE - 500 | 7,469.14 | 4.58(0.06%) |
| BSE - CAPITAL GOODS | 14,887.65 | 200.97(1.37%) |
| BSE - CONS. DURABLES | 5,691.76 | 36.69(0.64%) |
| BSE - FMCG | 3,375.01 | 34.87(1.02%) |
| BSE - HEALTHCARE | 5,610.65 | 41.76(0.75%) |
| BSE - INFOTECH | 5,517.00 | 52.20(0.94%) |
| BSE Mid-Cap | 7,821.20 | 9.70(0.12%) |
| BSE PUBLIC SECTOR | 9,707.19 | 22.33(0.23%) |
| BSE Small-Cap | 9,875.76 | 11.86(0.12%) |
| BSE TECK INDEX | 3,430.30 | 28.22(0.82%) |
| METAL INDEX | 15,426.31 | 14.66 (0.09%) |
| OIL & GAS INDEX | 10,208.56 | 82.96 (0.82%) |
Related Posts for today:
Stock Investing tips
RIL Updates for today
SENSEX Components today
Indian Stock Markets summary today
The National Stock Exchange also followed its Asian peers(read more..) today thus remaining in red through out the trading day. The Performance sheet for NSE's sub indices is as follows:
| Index Name | Last Trade | Change |
| S&P CNX NIFTY | 5,530.65 | 9.55 (0.17%) |
| S&P CNX DEFTY | 4,109.50 | 12.20 (0.30%) |
| CNX NIFTY Junior | 12,105.70 | 6.60 (0.05%) |
| S&P CNX 500 | 4,629.55 | 2.30(0.05%) |
| CNX MIDCAP 200 | 8,930.85 | 10.85 (0.12%) |
| BANK NIFTY | 11,033.75 | 76.75 (0.69%) |
| CNX IT | 6,128.60 | 55.30 (0.89%) |
Subscribe to:
Posts (Atom)