Markets keep swinging up and down playing tantrum to world news. As it has been for quite a long time now, Europe gives the much needed input of pessimism and optimism. For each swing that happens in the markets guess who is laughing all the way to the bank? The intra day trades. Markets offer opportunity to every segment of traders and investors, like wise now it is merry making time for the short term traders.
Stocks that have super strong strength at the moment are very less in number. But finding them is not a tough job, though it would mean some small losing trades before you spot them. The gems in the pallet from the current cycle are HDIL and EDUCOMP, which you would have witnessed having great runs. HDIL has gained 20% from the price it was recommended for a long trade. EDUCOMP is rocking for the past few sessions with gains of close to 10%.
Global market cues for today though are weak to begin with, while the daily charts are yet to have any good bearish traces. So it would be a good basing and a take off in today's trading session. It means the joy ride continues......
Have a happy trading day. Team BraViSa.
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