TREND is your FRIEND

-

                                                      TREND FOLLOWING

Trading is the Business Not a Gambling

Always Follow Your Rules

Trand is Your Friend 

Reversal in a trend happens only once. If you bet on a reversals you will be right only once. If you bet on continuations, you will be right most of the times
Never buy a stock because its price has come down. Never sell a stock because it has gone up.
Never catch falling knifes. Corollary - never short shooting rockets.
Buy a technically strong stock, ideally on dips, 

Sell a technically weak stock ideally on up.

Comments

Post a Comment

Popular posts from this blog

Investments allowable as deduction under Income Tax Act

-
Image
Investments allowable as deduction under Income Tax Act The Income Tax Act provides that on determination of the gross total income of an assessee after considering income from all the heads, certain deductions therefrom may be allowed. Here an attempt is made to explain all types of investment like deduction under income tax act: Payment of premium for annuity plan of LIC or any other insurer : Deduction is available upto a maximum of Rs. 1,50,000/-. The premium must be deposited to keep in force a contract for an annuity plan of the LIC or any other insurer for receiving pension from the fund.  Deposit made by an employee in his pension account to the extent of 10% of his salary : Where the Central Government makes any contribution to the pension account, deduction of such contribution to the extent of 10% of salary shall be allowed. Further, in any year where any amount is received from the pension account such amount sha...
Read more

FREE INSTANT PAN CARD

-
Image
FREE INSTANT PAN CARD   All Details Step for Self PAN generation by using the Adhaar   Note :    a. Adhaar card must link to mobile             b. Adhaar card must with the Complete date of birth           (dd/mm/yyyy)               c. You never have been allotted PAN before                d. You are not a minor.   1- Go to Income Tax website https://www.incometaxindiaefiling.gov.in/home 2: Click to Instant PAN though Adhaar https://www.incometaxindiaefiling.gov.in/e-PAN/index.html?lang=eng 3. Click to GET New PAN 4 : Enter Adhaar Card Number 5: Enter Capture 6 : I Confirm 7 : Generate  OTP 8 : Enter the OPT which is received on the mobile 9 : Enter the Adhaar card details :- Name , Address ,Date of  Birth 10 : Validate the Mail ID with the O...
Read more

Tax Benefit on Home Loan (Sec. 24,80C& 80EEA)

-
Tax Benefit on Home Loan (Sec. 24,80C& 80EEA) The repayment of Home Loan :-  Repayment of Principal                                                  - Repayment of Interest these are claimed as  tax deductions  under different sections while filing the Income Tax Return. Section 80 C : Principal amount of Home loan The amount paid as Repayment of Principal Amount of Home Loan by an Individual/  HUF  is allowed as tax deduction under Section 80C of the Income Tax Act. The  maximum tax deduction allowed under Section 80C is Rs. 1,50,000.   Section 24 : Interest on Home loan The maximum tax deduction allowed under Section 24 of a  self-occupied property is subject to a maximum limit of  Rs. 2 Lakhs  (increased in Budget 2014 from 1.5 Lakhs to Rs. 2 Lakhs). Section 80EEA : Interest on Home loan (1st Time Buyers) Th...
Read more