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Top Intraday Trading Ideas For Afternoon Trade For Friday, 6 October 2017

The Nifty50 record was exchanging 74 focuses up at 9,963 at 12 pm (IST) on Friday following purchasing in bleeding edge bluechip counters. Kunal Bothra, independent market expert Joined Breweries is a ‘Purchase’ call with an objective cost of Rs 950 and a stop loss of Rs 810. Jindal Steel and Power is a ‘Purchase’ call with an objective cost of Rs 166 and a stop loss of Rs 145. Government BankBSE 1.80 % is a ‘Purchase’ call with an objective cost of Rs 125 and a stop loss of…

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Has The Recent Volatility Changed Market Trend?

A trend change is typically not used to initiate or remove trading positions as much as to signal a possible modification in the ‘trading bias.’ To put it another way, it’s like throwing a stone into a placid pond. It causes a ripple. Sometimes it’s a large stone and it causes a large ripple or multiple ripples. Sometimes, it’s a small stone, yielding a ripple so minor that it is barely noticeable. Hence, the longer the timeframe observed for a trend change, the more prominence it receives. Conversely, the shorter…

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