Home > Education, Market View, Trading Ideas > How are you playing NIFTY rally?

How are you playing NIFTY rally?

Wednesday, September 16, 2009 Leave a comment Go to comments

Yesterday was a great day as two of the stocks I had recommended for my subscribers in the last couple of weeks, were among the top gainers in the markets.The markets are picking up nice momentum and it looks like traders are back in the markets to drive prices. We are taking many tactical positions to take advantage of this momentum.

If you are in the right stock at the right time, you can extract a lot of juice from this rally. If you are in wrong stocks, then your portfolio might underperform in a big way.

The biggest issue for old investors is psychological . Having seen their “buy and hold” portfolios drop 80%+ during the 2008 crash, many are still not finding the courage to jump again. So these investors are likely to miss this rally. Also, there is a high possibility that many of their stocks might never recover. In 2007 they paid for greed and now they will pay for fear.

Coming to the new investors who invested in the last couple of months, they have to watch for their greed. Otherwise, they will surrender their gains when this rally ends.

So have a clear vision and strategy in place before you execute any trades. This market will try to confuse you many times. Trade like a Chameleon!

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  1. manoj
    Wednesday, September 16, 2009 at 4:09 pm

    Hello sir,

    can you suggest some good stocks to look out for in this rally ?

    thanks,
    Manoj.

    • sagecapital
      Wednesday, September 16, 2009 at 6:33 pm

      Din’t you pick Tata Steel or SBI?We made handsome gains on these stocks. As i had suggested, go for large caps in order to ride this rally. In mid caps/small caps, you have to be selective.

    • sagecapital
      Thursday, September 17, 2009 at 6:39 pm

      Have a look around the blog and you might find many good ideas. Important is to understand our philosophy and then get into any trade.

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