Smart money smarter you

1992-Harshat Mehta Scam or Financial System Scam? A wonderful movie made by Hansal Mehta, This is a must-watch for everyone in the markets. After watching Harshat Mehta's story - 1992 scam, I am bound to write my review here as before watching this movie I was having a very different opinion on Harshat Mehta's story as my parents are one of those sufferers of that time crash who lost almost everything at that time. I always wished to curse for Harshat Mehta and always took his name with hatred. After watching this movie my opinion changed completely as I find that Harshat Mehta was a nice person and his intentions were never to harm anybody, He wanted to be simple but wanted to be the biggest man which was not wrong but wrong was to follow unethical practices. Even he took everybody together on his journey and made a lot of money for them also as Sensex reached an all-time high at that time. He was very loyal to his family and maintained a good balance between his personal and ...

  Stock Market Tips and Tricks really work? We have studied so many things till now in my blogs like fundamentals, technicals, news base rally in the markets, many tips and tricks for long term investing as well as short term investing, etc but the question arises that do these Tips and Tricks really works in practicality and if these things work then why each and every investor and trader face losses into the market? We will see the same in this and all the possible causes that harm our hard-earned money even after knowing all the basic and advanced levels of things for trading and investing. Theoretical aspects are very different from practical aspects We all study and gain theoretical knowledge in school colleges in different courses but important is not to learn and write the exams but to understand its practicality which only possibles with practice and experience. Practice and experience can only come with real-time shows and experience. According to me until and unless you w...

  First Learn, not to lose money! As we all are discussing fundamentals, technicals in so many of our blogs and the motive of every blog are not only earning but focused on the minimization of risk. In the stock market, everything is rotating before and after stop losing money and managing your risk. The people who take the biggest risk and gamble on big money and luckily got success in the bull market always the one who hurt the most as they become overconfident due to the bull market and once he generates some income then he gambles in the bear market also and takes the much bigger bid and then loose the more than he earned in the bull market and after you lose money then you put harder and harder money into the markets again to cover those losses, until and unless you are not much lucky it would be a great series of disaster. We will understand some points which will help to learn, not to lose your money and not be a part of the above-explianed disaster : Know if stock is bottom...

Moving Averages-Important Investing and Trading Tool We all have studied Moving Average in our lower standards either in Mathematics or in statistics but at that time we didn't work on its implementation which we are going to study today. We know that average is just an approx calculation we do to reach on a specific conclusion, it cannot give us exact information about anything. In the stock market, we cannot take everyday data at the same value because it is information sensitive data. If we talk about only Moving Averages, then it would be a simple moving average where we have given equal importance to each and everyday data. Date                         Closing price 1/01/2020                      99 2/01/2020                      100 3/01/2020                  ...

  Volume Bars-Significance and Application Volume Bars-Significance and Application Volume plays a very important role in technical analysis. We can see the volume Bars in each and every technical chart. We will see how volume bars works and why it is of great significance while taking the trading as well as investing decisions. First of all, we will understand the volume in stocks and how it would be counted : Trading of 100 shares = Buying of 100 shares+Selling of 100 shares We can understand like this, if anybody wants to buy the stocks then he/she can only buy them if anyone wants to sell them. When someone provides a supply of the stock in the market then only the demand can be fulfilled. one has 100 stocks and he sold them to another party and he bought 100 from him so the quantity traded for the stock is only 100 rather than 200.  Many people were confused about this and treated this with 200 traded quantities. Volumes indicate how many shares are bought and sold over a...

  Resistance-Support-Levels What is Support & Resistance-How we can differential between them? Through different candlestick patterns, we learned how we can apply stop-loss and buying and selling points but we yet not discussed the targets of the stock. Through Support & Resistance, we can find out the target price of stock while buying or selling them. We will learn it with examples. Support Support in the technical analysis means the Support trend line which stops the price of the stock to fall further or which gives support to the stock at that level. The important point here to note that support levels of the stock are always below the current market price of the stock. There are maximum chances that when the stock prices touch the support trend line of the chart then it will consolidate and rest, then again start moving up, support of the stock plays a very important role in technical analysis as it will be also a buying opportunity for traders as well as investors. Be...

  Investor and Market Fluctuations Investor and Market Fluctuations- How to deal with? As we all know that market fluctuations is the key to run the markets upwards or downwards so Investors should know theses possibilities and should prepare themselves financially as well as psychologically. Every single investor wants to enjoy the benefit from market fluctuations but how we will find out while managing our risk that what is the right time to play with these fluctuations. Dealing with market fluctuations is a very important art and every investor should reach to that level into their investing currier that they would able to know the real danger involved into this activity. It is very simple to say here that don't speculate and simple also for you to feel that yes I should not do speculations in markets but it is very difficult for every investor to digest the profits and carry them. But it is very true that you only make money into the market when you carry your profits with...

  Should you "buy what you know"? We all humans loves our comfert zones and as a defensive customer, we always want to go with the things we already know about and with the names familiar with. The same nature affect the investors portfolios while investing. In 1980 and 1990 this seems to be very common slogan that "buy what you know" but how much fruitful it is in today's uncertain market and time, we will try to understand it practically. Suppose you went London for vaccations and you reached there at morning, after check out you want to have breakfast but you don't have any idea about the places and where to get best food. You will ask the best place to visit for breakfast from localities or your cab driver. He leaves you the place where you may find so many restaurants and stalls for breakfast options. You got confused that what would be the best as per your taste and pocket,you started to analys that where most of the people are going and what is the fo...

  Paper Umbrella Paper Umbrella Candlestick Pattern Paper Umbrella candlestick pattern is another single candlestick chart pattern that confirms various trends in the market and helps the traders/investors to take correct decisions. The meaning and relevance of Paper Umbrella candlestick can change as per its position that where it becomes. Paper Umbrella is characterized by a long shadow with a small real body at top of the candlestick. Idle Paper Umbrella forms when the shadow of the candlestick is at least twice to its real body measure. A little bit of variation is acceptable. The Paper Umbrella consists of two main patterns:- Hanging man: This is the bearish pattern If the Paper Umbrella forms at the upward rally then it is called a Hanging Man. Hammer: This is the bullish pattern When paper Umbrella forms at the downward rally then it is called Hammer. What is Hammer? How it forms? What is the strategy behind the hammer candlestick pattern? As we see above that Hammer's patte...

                                                                             Doji Candlestick Doji Candlestick-Understanding Doji Candlestick Pattern is very similar to Spinning Top and sometimes people get confused about it and take the wrong decision based on that. It is the same as spinning top except that the real body is always missing in Doji and if you take it flexible then very little variation can be acceptable means a very thin layer of body forms. Of course, as spinning tops the color of the Doji candle does not matter at all, if a very thin layer of body form, what matters is that open and close price is very near or same to each other.  https://bijimoney.blogspot.com/2020/08/Spinning-Top.html The Doji and spinning tools present indecision in the market. All the technical analys...

                                           Spinning Top Tool-Understanding with Graphs Spinning Top Tool-Understanding with Graphs After Marubozu candlestick we studied in Technical Charts Analysis-Know Chartmantras-Candlestick Patterns , the next very important candlestick is Spinning Top. Spinning Top is the as same as we see the above spinning toy picture but like Marubuzo this tool doesn't provide you a specific indicator of exit and entry points, although it is important to understand for the traders to understand their position. Take a look at how spinning top candle looks in technical charts and how it works: Important points in Spinning Top Identification : The upper and lower shadow should be equal (almost equal, little bit variation is acceptable if it is perfect spinning top otherwise unequal shadows can be little misguiding, in that case, we have to wait for 1 or mor...

Stock Market Falls after "My" Entry! Stock Market Falls after "My" Entry! Maximum of us feels and faced this phase that just after their entry into the stock, Stock Market Falls. Not only you even I also faced the same, but a maximum of times also during my investment. Today we try to talk over all the aspect related with that and understand the precautionary measures which can be taken to avoid the condition. Things to be considered before buying any stock to avoid further fall in the stock: Investor or Trader The answer to stock price/Market falls is hidden behind the question that Are you a Trader or Investor?  If you are an Investor then your way of analysis is very different than, if you are a trader and the same goes with traders. As an Investor, you always do the fundamental testing and never care about the little downside and upside of the stock because your outlook is for the longer-term duration and you are buying the business of that company, not the pric...

Technical Charts Analysis-Know Chartmantras-Candlestick Patterns Technical Charts Analysis-Know Chartmantras-Candlestick Patterns Technical charts are the boon for traders as well as investors which helps a lot in predicting the markets and stock prices, Understanding of Technical charts is a must for every traders and investor as we discussed in Candlesticks-Heart of Technical Analysis  that in the technical analysis we presume that history repeats itself and based on that we take the trades or make our action plan while on the other side of the coin we also keep in mind that these all are based on  assumptions and everything can be changed at any point of time, so always be ready with a backup plan(exit strategy from the trade) if your trade is not going in your favor. We should always keep in mind that candlestick patterns depend upon, how the broader markets are doing. If broader markets are not doing well and your candlestick chart is showing a reverse direction then you ...