Generating Stock Tips involves two basic techniques. The first involves looking for companies that you already trust. This ensures that you’ll be able to trust the products that the company makes, so your investment will be a good one. Another technique involves looking for companies that make products that people will love. These types of stocks are likely to sell well and you’ll make money if you buy them.
Another technique is using momentum trading. Momentum trading helps you identify trends and the strength of them. By analyzing the stock’s momentum, you can make more informed trading decisions. By following these strategies, you’ll be able to identify which stocks are trending upwards and which are going down. By using both strategies, you’ll be able to minimize your risk and maximize your profits.
Yesterday, the Nifty closed at 7779, down 201 points from the high of 8013. It hit an intraday low of 7976 and closed below its 1 week’s average. On the other hand, the Banknifty closed at 19183, a loss of nearly four points. The 8000 call option writing and 7% reduction in open interest suggest that buying is likely to resume at lower levels.