Posts

Showing posts from September, 2022
  MARKETS - ARE GETTING READY FOR A BIG TREND Today, the markets were moving sideways without making a huge move on either side. It could be seen as a consolidation happening at the lower levels but very CRUCIAL levels. What can happen next? I feel the next two days are very crucial and a good breakout or breakdown can happen.  Something is brewing. Be ready! Nifty is trading in a narrow range between 17100 to 16950 levels. If the market is moving sideways for one more day, then the Expiry day can be a very trending day.  If Nifty tests 17100 levels tomorrow or on Expiry day, and holds it for sometime, I guess we need to be ready for an upward trend. It would mean a true Expiry for the Short sellers! If Nifty hovers around the lower levels, then the possibility of a breakdown is high. But I would not expect a huge trend on the downside. This I feel is because Buying pressure is seen at the lower levels and already the Short sellers are in good profit and would look to exi...
THE TRADING DAY THAT KEPT ME ON MY TOES Today was a day of trading that kept me quite watchful and busy. The market did open gap down and was bearish as expected.  My position was in a decent profit right at the open. Then why was I on my toes (a bit nervous) ?? Because markets had reached a crucial level - Nifty @ 17000, which was a fall of almost 1000 points from 17950 levels.  Sometimes, the markets do turn aggressively bullish when you least expect it. And the round figures sometimes act as the trigger. Though the position was in a decent profit, I could not sit relaxed as most of the gains could be lost in thin air within a short time even before you realise something is happening against us. Nifty after touching 17k, crossed it on the lower side. I got more bearish and executed some bearish trades. Immediately, it bounced back and started to recover some points, bringing me into a high adrenaline mode.  I was already calculating the stoploss for the new trades and h...
 WHY I START A BLOG? INTRODUCTION I have been a youtube content creator for sometime with a reasonable number of audience who have been extremely supportive of my work. I am basically a dentist by profession based in the Chennai metro of TamilNadu. I have been very passionate about investing and trading, and which led me to start a youtube channel to create some awareness for small time traders. Though, I share some ideas and tips about my trading and investing journey, I feel there is a lot more that I can share and thus connect with my audience not just about my career but also my life's journey in general. I honestly admit that I am not a good writer which you should have comprehended by now, but I would definitely assure you that whatever I write here will genuinely be from my heart and thus I feel confident of connecting with my audience truly from that perspective.  Youtube as a Journey My audience know me as DR S BARATH KUMAR through my  youtube channel under the s...