" The future belongs to those who believe in the beauty of there dream"-- Eleanor Roosevelt
Hi All, So its an end of another volatile week. Hope you all have made good profit. Now the most important thing is how to earn and make profit. Well the day you all minimize your losses on that very day you all start making profit.
Well as i mentioned previous day, Nifty has resistance around 5530 (13 day EMA) and 5595 (20 day EMA). So one can go long till 5530. As short covering was seen in Friday's closing which was expected. One thing that i noticed was nifty spot closed at 5471.75 and its future closed at 5464.50 which is around 7 points. Same for bank nifty spot closed at 9470.10 and future closed at 9447.90 which is around 23 point. This co-relation of spot and future might indicate that market is still in bear grip. So be caution and ready for another volatile week.
Term of a day: Compound Annual Growth Rate (CAGR). the year on year growth rate of an investment over a specific period of time. One can say that its an imaginary number that describes the rate at which an investment would have grown if it grew at steady rate.
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New Series on Mutual Funds and ETF's from 29-Aug-2013
How to choose mutual funds???
ICICI, HDFC, KOTAK, SBI, RELIANCE ?????????????????
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| How to choose Mutual funds????? |
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