NIFTY COMMENTARY by Kiran WEEK 13, ABOVE 13,000-bubble rally?

Hi Friends,

Last week I gave the option Buy hold strategy and it worked beautifully hitting the target of 12950 to 13000 range.

It seems to me market is preparing for bubble rally.

You can ask me " what is bubble rally"?

BUBBLE RALLY: you cant predict the nature and targets, it is parabolic move.......... this is the time FOR people TO make BIG profit or losses. SO BETTER TO USE TIGHTER STOPLOSS.

I will go for the option 2. BUY hold.

Your humble trader

S. KIRAN

QUOTATION : LEARN FROM EACH AND EVERY POSSIBLE SOURCE AND LET THE COMMON SENSE MAKES THE DECISION.
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The five conditions I watch regularly are.
1. BUYing opportunity
2. BUY hold
3.Wait for trend confirmation
4. SELLing opportunity
5. SELL hold.
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