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Detailed outlook by tomorrow.
Aug 2, 2008
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A Weekly of Bare Fundamental & Technical Outlook for the World Indices: U.S. Dow Jones S&P500, U.K. FTSE100, JAPAN Nikkei225, HONGKONG Hangseng, CHINA Shanghai Composite and INDIA Bse Sensex/ S&P CNX Nifty.
Posts
About
The outlook given in this blog is for educational purpose and intended more towards Short to medium term investors, Swing Traders and Options Traders. But the given levels could also be valid on closing basis for any kind of trading and speculation.
This is not an inviation or any solicitation for trading. Please use your own discretion because the risk of financial loss is also a part of trading in the markets.
My Twitter Followers May Read At Least Previous 12hrs Tweets To Maintain Continuity Of the Outlook
World Markets Now
Crude Oil Now (peaked at $147 levels in July 2008)
Select Readings
When economy bottoms out, how will we know?
GOLD primed to be mania asset
BBC on coping with recession
Failure to save East Europe will lead to worldwide meltdown.
Has China slowed to a 'virtual standstill'?
BBC on credit crunch ; how it happened and the basics etc.
Is Gold really a safe haven in this recession?
GOLD primed to be mania asset
BBC on coping with recession
Failure to save East Europe will lead to worldwide meltdown.
Has China slowed to a 'virtual standstill'?
BBC on credit crunch ; how it happened and the basics etc.
Is Gold really a safe haven in this recession?
Blog Archive
About Me
- stockweekplus
- I have been analyzing Global markets successfully since Jan 2006. The archives could be tracked and compared with the charts to evaluate the outlook of this blog so far!
Economic Calendar(Pls. scroll down)
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About the Weekly Outlook above
This page is updated from time to time unless, restrained by unavoidable circumstances. Every care is taken to give you a profitable outlook but trading in stock markets can be risky and cause financial loss. We do not take responsibility of any situation arising out of the outlook and recommendations here. Therefore, please use your own discretion!
We suggest a homework with pen and paper to draw your strategy. Trading on the basis of this outlook is a matter of developing a habit so as not trade all the time and every time; or keep watching the screen round the clock, looking for a kill. Just find some other occupation that keeps you away from the screen from time to time.
Plan your 'trade-setup' meticulously after a diligent homework. Have no heart burn if markets are moving up and you were not able to initiate trade. There are many who are losing also in a rising market because of a wrong trade-setup initiated in an unplanned manner. You never miss the bus in stock markets as it stops by you again and again. Just plan 'when' to ride profitably. May be next week or perhaps after 2-3 weeks and even next month series.
Long term investing is always suggested but this outlook is also suitable for swing trading, options trading or short term investing though, the given levels are relevant in any kind of trading or investing. The levels given here are effective on "closing basis". So, initiate or close the trade set up accordingly. Square off your positions well before the target and not wait for a precise hit of the target. Those who are not familiar with derivatives, may not trade in our F&O calls.
This page is updated from time to time unless, restrained by unavoidable circumstances. Every care is taken to give you a profitable outlook but trading in stock markets can be risky and cause financial loss. We do not take responsibility of any situation arising out of the outlook and recommendations here. Therefore, please use your own discretion!
We suggest a homework with pen and paper to draw your strategy. Trading on the basis of this outlook is a matter of developing a habit so as not trade all the time and every time; or keep watching the screen round the clock, looking for a kill. Just find some other occupation that keeps you away from the screen from time to time.
Plan your 'trade-setup' meticulously after a diligent homework. Have no heart burn if markets are moving up and you were not able to initiate trade. There are many who are losing also in a rising market because of a wrong trade-setup initiated in an unplanned manner. You never miss the bus in stock markets as it stops by you again and again. Just plan 'when' to ride profitably. May be next week or perhaps after 2-3 weeks and even next month series.
Long term investing is always suggested but this outlook is also suitable for swing trading, options trading or short term investing though, the given levels are relevant in any kind of trading or investing. The levels given here are effective on "closing basis". So, initiate or close the trade set up accordingly. Square off your positions well before the target and not wait for a precise hit of the target. Those who are not familiar with derivatives, may not trade in our F&O calls.
Please follow my tweets on TWITTER. also.
Wishing you a happy and successful trading!
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