POWERTRADE: Markets near All Time Highs? Is it Time to Rejoice??? Or Time For Caution?

Saturday, 2 November 2013

Markets near All Time Highs? Is it Time to Rejoice??? Or Time For Caution?

Sensex already made the headlines with marking all-time highs and NIFTY followed close with just a few points of the highs?

Few sessions back we wrote that we Indian Markets are likely to outperform the global indices and we are well on track for that.

But we also discussed one more thing, a good measure of calculating highs is to see the relative performance and relatively we are yet some way to go to call it a real high.

A large part of Nifty’s move has been contributed with the IT index while the other indices like BANKNIFTY and CNXMIDCAP are still quite off the high.

Also markets have been very volatile last few months giving tough time to intraday players. How does one trade the markets from these levels?

Discretionary calls? Trading Tips? Traditional Trading systems? Well None of them have worked so far… is’nt it?

Its time to take new guard, It is high time that you refined your trading approach and moved to something that offers stability and consistent growth. If you have not reviewed this Yet. It is time you do?

SmartSignals-Pro: Is an advanced algorithm based quant trading system that is going to change the way you have been trading, Be it and intraday trader or a swing trader. Simple follow the trading system and leave all the worries to the inbuilt smart algorithm which studies various patterns to automatically detect market moves.

Here is a snap of how in last few sessions the amazing system minted 17,000+ profit per lot.Beauty is it traded both short and long trades to capture that kind of profit.

Also see how the system did not take any trade during range bound periods.