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In one of our earlier posts we mentioned that the worst level of Nifty spot is 7350.Today the panic opening of Nifty made a lowest point near 7595 which is a key indicator is the worst for Nifty is not avoidable and at any point of time further 250 points downside will make Nifty to breath near to 7350 which will be a threat to all equity investors as wells to all mutual fund investors who opt for bench mark ETFs.
More over we have been keep on shouting like anything that do not rely upon equity segment, instead come to option segment or do a safe trading at commodity segment with passive commodities like base metals that too with mini lots.
The continuous getting low of oil prices (32USD per barrel) which may give an intrim benefit to OMC stocks in our country but on the contrary if the oil price starts to bounce back these OMC stocks will also suffer like other stocks in equity segment.
The consistent falling of oil price gives a signal to the traders to trade with Crude in commodity segment with multiple trade with minimum profits on intraday basis. The trading with Crude oil in commodity requires some special skills for which we are conducting correspondence course in commodity trading.If you really want to make money from crude, you can join this course.Lessons will be sent to you by mail and you can complete the course in one week.
The tomorrow's market at NSE will give more stories to be discussed,but a disciplined trader will not look at the market news or stories, instead he always look in the direction the stock or index with which he used to trade.
Watch our twitter updates during live market session to update yourself.
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