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Why we are loose money on RIGHT decision? & What will be Nifty's next move?,

Thursday, July 21, 2011 | | |

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Why we are loose money on RIGHT decision?
Nifty is most volatile thing. No one can predict till it on 100%. We can try to analyze it and come to some conclusion near to right one. I am studying Nifty since long. Some time my result come 60-80% accurate (This is my own view for myself..You may be seemed different.). It is only like joke Nifty prediction.  I am studying Nifty on closing basis. So the results are more fit to short term as well as long term. Intraday on my view is quite risky one.  

In Nifty it is very difficult me also to trade. Prediction of price is one thing and movement and emotional factor is also involved in real time. If you ever predict any trend of any instrument, then you may witnessed of following sentences like, “ My prediction was 100% accurate, but I sell position due to opposite surge in your instrument price.”  Those surge, those emotional mixer moment is very hard to digest in real time, when you are watching any price moment in real time.  Most of time we just miss position like due to emotion and time also. It is like darkest time in night is come before dawn.  That is moment we just loose patience.
Trader are very well aware, “what I telling about?” Long term investor also faces this situation but they are stand due to there long term nature and risk digestive appetite.

In this way even though we have taken RIGHT decision, still we are loosing money due to emotional and timing factor.

 What will be Nifty's next move?
Now come to point in Nifty, if you are regular reader, then you very well aware about level of 5565 in article of “Why Nifty doesn’t show clear trend?". This level is broke today on closing basis.  This condition is still in market.  Nifty may face choppy session on Friday also. In next week there are chances to break this choppy session.  We can hope of clear trend in next week.
This my analysis about Nifty. Here I am avoiding giving any figure for last day of week. Initially I am telling that I am studying Nifty on short term basis. Till the breakout, we have to wait. On Monday could be upper side breakout chances in Indian stock market. We can use harness money, this breakout by buying call in this worst condition. (Use your brain to take decis)ion.
Keep joining here. So we can share view about Nifty and other stock market on Money Drives Life. You can also share view with our reader here.

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