LEARN AND EARN: BULLISH HARAMI PATTERN

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Wednesday, 11 March 2015

BULLISH HARAMI PATTERN

Nifty 8699.95, open 8728, high 8755, low 8682
Today's pattern is called a bullish harami pattern..
But, there is just 5 points difference b/w yesterday low and today low, 8677 and 8682..
Breaking 8677 will inject selling pressure again which i expect to happen tomorrow morning itself, or gap down also possible.
And below 8580, another 100 points look possible..
Currently, i am holding short position in nifty..

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STOCK MARKET QUOTES

"No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation." - Robert Rhea

“Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.” – Peter Lynch

“If stock market experts were so expert, they would be buying stock, not selling advice”-Norman Ralph Augustine

“The stock market is filled with individuals who know the price of everything, but the value of nothing.” – Phillip Fisher

“ 90 % of the people in the stock market, professionals and amateurs alike, simply haven’t done enough homework” -William J.O’Neil

"Every once in a while, the market does something so stupid it takes your breath away." - Jim Cramer

"The market does not know if you are long or short and could not care less. You are the only one emotionally involved with your position. The market is just reacting to supply and demand and if you are cheering it one way, there is always somebody else cheering it just as hard that it will go the other way" - Marty Schwartz

"Every trader has strengths and weakness. Some are good holders of winners, but may hold their losers a little too long. Others may cut their winners a little short, but are quick to take their losses. As long as you stick to your own style, you get the good and bad in your own approach." - Michael Marcus

"Money doesn't always bring happiness. People with ten million dollars are no happier than people with nine million dollars." - Hobart Brown

"There is only one side of the market and it is not the bull side or the bear side, but the right side." - Jesse Livermore

LEARN AND EARN

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Wednesday, 11 March 2015

BULLISH HARAMI PATTERN

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