Dear friends,
I need you (traders) to know the short-term view of NIFTY FUTURES (calculated from March 31)
You can clearly see a box (a rectangle pattern) above the trend line in the EOD Chart of Nifty Futures, which indicates that the break out (of the box) will cause an important influence in Future Market before the expiry of this month.
(DOUBLE CLICK TO ENLARGE & HAVE A CLEAR VIEW)
Moreover, as predicted exactly 5300 & 5400 APRIL ‘CALL’ option filled our subscriber’s wallet as much as possible before the end of 1st week of this month itself.
Of course greedy fell into pit once again…No doubt.
I had already written
(Pls. Verify the posts (MAR 25 – APRIL 1) that Nifty would start its decline around APRIL 15..
Now you are all seeing what is happening.
Dear friends, pls do not get addicted to day trading and put your burdens & pressures on other’s shoulders.
Relax and get the updates whenever it is available here at the very same space and mint some decent money with your smart moves.
Dear Investors,
Be very cautious at these levels
Market will give a great opportunity in 6 months to invest in any blue-chip shares.
So no worries...
Just wait with your bank balance.
By the way before you start trading please read this twice atleast everyday..
· “Most traders take a good system and destroy it by trying to make it into a perfect system.”
· “Trade what you see, Not what you think”
· “A Technician is an Artist and Technical Analysis is the Super Skill of discovering sharp and compact Charts and Patterns depicting Trends and Targets with Precision and Perfection.”
· “Identifying the “Rhythmic Flow” of Financial Instruments for skimming the crème, quietly and consistently is the fascinating nature of the Technician’s profession.”
· “Like any craft, such as piano playing, perfection may be elusive – I’ll never play a piece perfectly, and I’ll never buy the low and sell the high – but consistency is achievable if you practice day in and day out.”
· “You never need to chase a trade. The market has plenty of opportunities. The money runs out before the opportunities do.”
· “Good trading is a peculiar balance between the conviction to follow your ideas and the flexibility to recognize when you have made a mistake.”
· “Always understand the risk/reward of the trade as it now stands, not as it existed when you put the position on.”
· “At all levels of play the secret of success lies not so much in playing well as in not playing badly.”
· “Experienced traders control risk, inexperienced traders chase gains.”
Alan Farley
· “Time is your friend; impulse is your enemy.”
John (Jack) Bogle
· “When reward is at its pinnacle, risk is near at hand.”
John (Jack) Bogle
· “Rule no. 1 is never loose money. Rule no. 2 is never forget rule number one.”
Warren Buffett
· “Look at market fluctuations as your friend rather than your enemy. Profit from folly rather than participate in it.”
Warren Buffett
· “I paraphrase Lord Rothschild: The time to buy is when there is blood on the streets.”
David Dreman
· “It is absurd to think that the general public can ever make money out of market forecasts.”
Benjamin Graham
· “The whole secret to winning and losing in the stock market is to lose the least amount possible when you are not right.”
William J. O Neil
· “It is not whether you are right or wrong that is important, but how much money you make when you are right and how much you lose when you are wrong.”
George Soros
· “If you want to have a better performance than the crowd, you must do things differently from the crowd.”
John Templeton
· “My first rule is not to lose money. Losing an opportunity is minor in comparison, because there are always new opportunities around the corner.”
Burt Dohmen
NOW
DAY TRADING STRATEGY
OF NIFTY FUTURES (APRIL 16th )
If and only if Nfutures cuts 5323 (3 Days EMA) and stays above for 20 min.
We can watch a hike upto 5355-5375 in a session or two
If not cuts 5319
A slide upto 5245 atleast is possible..
More details, fresh entries during trading hours for the subscribers..
(Please refer to ‘OUR POLICIES’ before you leave the site)
Contact Admin (Editor) @
(0)9788563656
&
(04142)236656
-Mahindeesh (a) Sathish
Cuddalore-2
Tamil Nadu
KNOW YOUR BUSINESS JARGON (Continued…)
(Presented in an alphabetical order)
TODAY’S LESSON
76) AT THE OPEN: An order to buy or sell at the opening of trading at the opening price. This has a much better chance of being executed if the order is not filled, it is cancelled
77) AUCTION MARKET: The stock market is an auction market, in as much as buying and selling are done through open bid offer, as distinguished from the OTC (Over The Counter ) Market where prices are negotiated.
78) AUCTIONING OF AN ISSUE: A method of structuring an issue, this involves auctioning an issue to the
investor. An issue may be marketed with a floor premium and a maximum premium, say, Rs.10/- & Rs.50/-. Those who offer the best premium get the allotment first, and the allotment is continued by accepting the next best till the issue is completely subscribed. If there is an over subscription at any level and below, the usual method of proportionate allotment is followed.
79) AUDITOR’S REPORT: A report presented at the AGM of the shareholders of a company, it is mandatory part of the annual report. The company auditor is independent and is employed annually by, and the reports, the shareholders. He examines the company’s accounts, inspects records and reports on the manner in which the company’s funds have been managed.
80) AUTHORIZED ASSISTANCE: Members of stock exchange may authorize persons to buy and sell in the market on their behalf, making it possible for them to enter the floor of the exchange. All that the assistants do are the responsibilities of the member.
(To be contd…)
TODAY’S QUOTE
It is the glory and good of Art,
That Art remains the one way possible
Of speaking truths, to mouths like mine at least.
- ROBERT BROWNING, The Ring and the Book
We try to tag along (or bear in mind)
TODAY’S QUOTES in day-to-day life, in our business united with our own innovative thoughts.
RELAX CORNER
JUST SMS TO YOUR PAL
I need you to know our friendship means a lot -
If you cry then I cry,
if you laugh then I laugh..
if you jump out the window
I look down then....
I laugh again
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