Generating Stock Tips involves two major techniques. First, you must have a clear understanding of the market. Second, you must understand that short-term noise is rarely relevant to the company’s performance in the long run. Finally, you must remember to adjust your stop-loss accordingly. This will protect you from losses.
Finally, you must research stocks thoroughly. Using technical analysis is an excellent way to improve your trading. It is also necessary to follow the stock’s corporate events, such as mergers, stock splits, and bonus issues. These events may be as important as the technical levels in stock prices. By studying these events in great detail, you can learn more about the market and how to invest effectively.
Today, the Nifty closed at 8328 with a loss of 53 points. The stock made a high near 8334, but gapped lower and closed below the 1-week average. The Banknifty Sept future closed at 19183, down 32 points from its previous high of 8330. It also saw a significant cut in open interest.