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Since Congress performed well even in a loss, in the most loved and respected BJP state Gujrat traders are confused.
In a state of confusion neither the buyers nor the sellers will be strong and Nifty will travel in a narrow range for sometime until there is some good or bad news.
India VIX is still falling which means right now there is no fear in the markets. When there is no fear it is a clear indication no one is taking or want to take undue risk.
HNIs and DIIs are also in a wait and watch mode.
Final votes on US Tax cut legislation news may move the markets. US Senate has already passed the reform, but it will go to the House tomorrow morning (US time) for final vote. If they also pass it becomes a Bill.
Major Tax Reform in the US will surly shake the markets and Indian markets will follow.
These are all speculations. There is nothing wrong in taking news based trading, but for how long?
If you keep speculating you will win sometimes and lose sometimes but overall it will be all loss.
You can do my conservative non-directional non-speculative course and stop speculative trading.
You will start making a monthly income without any kind of speculations in the markets because the trades are all non-directional in nature.
On top of that due to hedge your capital will be protected and you will be able to sleep well in the night not worrying about what will happen the next day. No need to watch the markets continuously also. Just 2 times a day is enough.
If you are unable to make the trade yourself just let me know. I will make the first few trades for you, but its so easy to trade these monthly income strategies that you will be able to make the trade yourself within one week of doing the course. Support will still be there for six months.
You can pay here by credit card using the payumoney link.
Let me know if you pay.
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