I don`t care which devil (or angel) gets into power as long as he/she sticks to basic low and order and lets the country`s economy run its course. If Muslims have started liking Modi, it`s fantastic. But where is the proof?
The link you gave does not inspire confidence. What is this "Manushi" site? Is it independent or linked to some political party? Does any independent data support your claim? We also need unbiased statistics, preferably from secular and responsible national publications -- preferably from outside Gujarat.
Screen traders need three qualities, intensity, the ability to make intelligent choices, and the capacity to react without any more thinking to the conditions at hand.
If you are the type who needs time to make a decision, or freezes, refusing to take action once a decision has been made, this is not your game. Winning at this game requires making instant decisions and immediately reacting, there is no time for pontificating or reconsidering. If you cannot make decisions this
way, you will be slaughtered in a matter of months. It is a game of the quick and the dead. If you are not quick, you will be dead. It is as simple as that. Short term trading of this nature requires the physical ability to instantly pounce on a market and just as instantly reverse the decision you made just a few seconds ago, if that is what conditions dictate.
Today I was watching the Ruchir sharma and Pranab Roy in a show and they said current government has given the biggest gift to the common man in village by inflating the their land cost and wages through NREGA.
Now midcaps are avaliable at mouth watering price of index at 4500 and no one is purchasing them.
Should one buy which have fallen heavily.
My point is one should go into detail of what the company is doing(profit/loss) and leveraged position. No site or credit rating tell the truth. They are already sold themselves.
Today I was reading the finance bill in detail(Economic times). See my condition as a laymen I have to read profit loss/bill info).
Getting correct information about the company is also a big issue.
I had said Reliance is good above 794.90.....Fibonacci showing support is there,200DMA now stands at 795.00 Gann suggesting a support there. SMA 30& 45 crossing at 795.00...hence I took that as a good support. Secondly Gann Suggesting +45 degree closing above 794.90 comes at 809.05..It also suggest closing above 823.00 will a better chance to see more upside.