
Hi, I have been doing research on Indian stock market Nse Bse stock prices based on statistical theory and probability concepts (Technical analysis) using my own foresight and experience of reading stock markets. Recently launched web site http://www.takemyview.co.in and http://www.nse-nifty50-tips.com where I am posting my own views on Nse Bse stock prices trend and Nifty Sensex intraday support resistance levels along with past call performances which is very unique thing put into practice and which is rarely followed. This feature makes it 100% transparent free Indian stock market website
Look for daily Nifty support resistance levels here
Intraday share market tips is posted here (Buy technical calls)
Stock market free tips is posted here (Sell technical calls)
I believe for a short term investment perspective technical levels are playing vital role over fundamentals and market needs to be reviewed at least on day to day basis if not possible on minute to minute basis. Even though long term fundamentals looking very strong for market, it will correct if it's short term technical structure is getting weak
One may read my blog on trading and investment strategies for Indian stock market.
Often people new to stock market is asking about it. If I have to brief on it then intraday is a concept of squaring off your created position in the market on the same day, but what is being practiced and wrong concept of large no of traders is leveraging the position in the stock market many times than your actual fund. Now the question is why traders want to do this? the answer is to maximize the exposure in the stock market and take more advantage than the actual fund. Now here a cautious approach is required because when you maximize your exposure in the stock market and if or not the market is volatile, you need to cut your exposure near to closing of the trading session or may be before that depending on the market volatility. Usually the trader is known for taking risk in search of better return but by maximizing the exposure in the market some serious situation may come or actually coming many times for the trader when he or she has to bear a huge loss as when the market may turn volatile that no body is sure to tell you. A normal looking stock market in the morning session may turn out to be big volatile market in the afternoon session due to any news flow in the market. If a trader had made an over exposure in the market and that to opposite to the market trend then volatility will create a pressure cooker situation. So one has to ascertain himself or herself what will be the consequences of the exposure he or she is having in the market with respect to the SL set for it.
Technical analysis and successfully earning higher ROI is marginally different things. As same technical calls produces different results for traders and investors