THURSDAY 'OUT OF THE BLUE'..???

FROM AN EXPERIENCE

Developing a Winning Attitude will stop negative thoughts from creeping in, and outside influences from changing your plan. Here are my thoughts about developing a winning attitude:

# A positive attitude enhances your market performance.

# Don’t dwell on losses if they are part of the system’s performance.

# Attaining a goal starts by having a goal. Avoid setting goals that cannot be achieved. Achieving your goals means sticking to your system each day.

# Achieving your goals means doing the homework before the market opens.

# Achieving your goals means placing all of orders ahead of time.

# Understand how your system is constructed and its maturity before you take the first trade.

# Achieving your goals means following through from start to finish.

# Focus on the next winning trade, and leave the last trade behind.

# Be organized, consistent, set goals and follow through.

-As soon as a trade is contemplated, a trader must know at what point in time he’ll be proven wrong and exit a position. If a trader doesn’t know his exit before he takes the entry, he might as well go to the racetrack or casino where at least the odds can be quantified.

-Livermore was famous for throwing out a small position and waiting for his thesis to be confirmed. Once the stock was traveling in the direction he desired, Livermore would pile on rapidly to maximize the returns.

There are several ways to buy more in a winning position — pyramiding up, buying in thirds at predetermined prices, being 100% in no more than 5% above the initial entry — but the take home is to buy in the direction of your winning trade –  never when it goes against you.

“It never was my thinking that made the big money for me. It always was my sitting.”

One method that satisfies the desire for profit and subdues the fear of a losing trade is to take one half of your profit off at a predetermined level, put a stop at break-even on the rest, and let it play out without micromanaging the position.

You would have all noticed our yesterday's Nifty levels and equity selling tips rocks as usual 

'Vijay Kumar' may miss a GOLD but not us 

We reach our GOLDEN TARGETS each & everyday

NIFTY FUTURES - LEVELS TODAY (AUG 09)

NEARBY RESISTANCES NOW @ 5402-38-51

NEARBY SUPPORTS NOW @ 5307

Day’s Resistance @ 5386-5402

Day’s Supports   @ 5332-08-5286

Above 5342 no problem for bulls at all to kiss 5365-75-85 

& even 5400

Suppose if cuts 5332 & trades below the level for 5 minutes  see a slide upto 5310-5290

We have already mentioned (refer to earlier posts pls) that 

"Three Consecutive close above 5342 will take to 5521-64 level"

Already two days closed & one more awaits

{At the same time remember the 'DOJI' pattern formed yesterday (AUG 08) in EOD chart}

Readers can wait & watch our levels

INTRADAY SELLING TIPS (AUG 09)

Sell TRF @ 237.80; T – 232.20,

Sell BHARTIARTL @ 280 & 284; T – 274.35

Sell BANKINDIA @ 287.25; T – 282.30

Sell KEMROCK @ 330,338 & 354; T – 321.35

Sell LICHSFIN @ 254 & ;T – 250.60

SECRET BEHIND THE RALLY OF RELIANCE??

RELIANCE ………Rallied from 720 to 798 in Just 8 sessions!!

Do U Think………Above Decision was taken on 7th of August itself ?

Don't you think………………This is INSIDER Trading ?

Don't you think………………..SEBI should ask Stock Exchanges for Trade sheets of these last 8 days ?

(No need of Corruption at National Level…….Do everything wrong (happening everyday) at Stock Exchange.No Authority will check and will ask any question.

Think it over , Every year (4 times) in result season ……… Every time 95% of the companies manipulate, do Insider Trading shaking hands with Blue Channels.

வாழ்க பாரத மணித்திருநாடு வாழ்க வாழ்க பாரத MONEY திரு(நா)டு 

QURAN WRITTEN IN SADAAM's BLOOD

Back in 1997, former Iraqi dictator Saddam Hussein supposedly commissioned a copy of the Qur’an, the Islamic holy book, to be written in his blood. He reportedly donated 27 liters for the project.

 Two years later, the project was completed. Hussein said the book was his tribute to God because his son survived an assasination attempt.

And now, after the fall of Saddam, no one knows what to do with the book.

An Iraqi citizen summarized the dilemma to UK’s The Guardian back in 2010. On one hand, it’s illegal to write the Qur’an in blood. But it’s also illegal to destroy the Holy Book:

“On one flank had been the government, doing all it could to prevent access. The Shia-led regime is highly sensitive to the re-emergence of any symbols that might lionise the remnants of the Ba’athist rank and file, which still orchestrates bombings and assassinations every few days.

And then there are the Sunnis themselves, who are fearful of government retribution if they open the doors and of divine disapproval if they treat this particularly gruesome volume of the Qur’an with the reverence of a holy book.”

Right now, the book is displayed page by page in an Iraqi museum.

It’s also estimated that the book is worth “millions of dollars,” the Guardian reported.

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