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S&P CNX NIFTY as of 24/10/2008

Candlesticks A big black candle occurred. This is bearish, as prices closed significantly lower than they opened. If the candle appears when prices are “high,” it may be the first sign of a top. If it occurs when prices are confronting an overhead resistance area (e.g., a moving average, trend line, or price resistance level), the long black candle adds credibility to the resistance. Similarly, if...

India and US bubble burst!!

  Once upon a time, there was a small island with 3 citizens namely, citizen A, citizen B and citizen C.  The net assets of that island were only 3 dollars, which included a piece of land worth 1 dollar and 2 dollars in the economy. B owned the land, A and C each owned 1-dollar. One fine day, C thought the land is a non-producible asset whose value will go up. So, he borrowed 1 dollar from A and including his own...

Candlesticks…* S&P CNX NIFTY as of 10/10/2008

A big black candle occurred. This is bearish, as prices closed significantly lower than they opened. If the candle appears when prices are “high,” it may be the first sign of a top. If it occurs when prices are confronting an overhead resistance area (e.g., a moving average, trend line, or price resistance level), the long black candle adds credibility to the resistance. Similarly, if the candle...

STRATEGIES TO SURVIVE IN A BEAR MARKET

Bear market comes as a challenge to the investors. Losing money hurts every individual, whether its 100,000 in the market or 1,000,000. This is the time when the declining market tests your patience. If the fear sets in, you might consider releasing yourself from your investment plan completely, which can do more damage than anything else. And, the market itself is not very good at telling investors when to jump in...

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