Dear Friends,
Readers yesterday called me nostalgic in post market hours,
for not reaching the upper side target..
They all very well realize my shout about
VOLUMES…VOLUMES... VOLUMES… yesterday
However Subscribers managed to get my SHORT CALLS @ 5090 and got a chance to blow Nifty under 5082
(I myself missed that SHORT opportunity due to some work is a P.S)
MELANCHOLIC CALLERS…
Little less than thousand times (I think) told all of you not to trade blindly in NIFTY &
Without Charts you won’t recognize the momentum at all.
Now I add something new…
If you think of placing an order blindly without any care in trade, drinking your hot or soft drinks or chatting with some cronies, surely you will be out of the business sooner than you imagine…
THIS IS A VERY SERIOUS BUSINESS & YOU ARE NOT SUPPOSED TO HAVE FUN WHILE YOU WORK.
PLEASE SHOW SOME RESPECT TO THE MARKET SO THAT IN TURN IT WILL...
It’s all our experience and
please you don’t have to take it as an advice, but I firmly suggest you take this as a WARNING...
As I told in an earlier post
‘LOSSES ARE THE GREAT TEACHERS’
God expect us to learn atleast from our own distress…
O.K…PAST is PAST
Fly again confidently, but CAREFULLY in this instance
Wish you all success
More over for POSITIONAL TRADERS it has been told already
not to remain long in BANK STOCKS...
See…What happened yesterday?
A short story down…
(This isn’t a college strike pals!!)
AXIS BANK DOWN 3.51%
BOB DOWN 2.77%
BOI DOWN 1.87%
CANBNK DOWN 4.02%
HDFCBANK DOWN 3.22%
ICICIBANK DOWN 2.94%
IDBI DOWN 3.64%
PUNBANK DOWN 2.43%
SBI DOWN 2.96%
UBI DOWN 3.56%
ANDHRAB.. DOWN 5.32%
CORPBANK DOWN 4.09%
IOB DOWN 3.79%
SYNDBANK DOWN 2.85%
KMFL DOWN 1.23%
OBC DOWN 2.29%
&
OBVIOUSLY ABOVE ALL BANK NIFTY DOWN 3.21%
ALL IN SINGLE SESSION…
WHAT ELSE YOU WANT DEAR FRIENDS…?
Please await my ‘long’ alarm regarding bank stocks and levels in BANK NIFTY)
DO SUBSCRIBE FOR NOTEWORTHY BOOTY & MILLION DOLLAR WARNINGS
IN INTRADAY…
WHY PEOPLE HESITATE TO PAY IN THOUSANDS RATHERTHAN LOOSING in LAKHS…
I ALWAYS WONDER…
THINK ABOUT AND ACT SMART
‘PHONE & EARN;
EARN & SUBSCRIBE’
is the strategy always I want to take to…
Here we go for a Wee..Wee..Wednesday...
NIFTY FUTURE LEVELS (Dec16th)
How Nifty Futures ensue today?
If cuts 5005 and the psychological mark of 5000 with volumes
Watch a sure contact of 4975 & 4961
(Chances look brighter)
On the other hand…?
‘If and Only if’ Nfutures trades above 5033 for 10 minutes and breaks 5045 with volumes it hikes up to 5072 & 5090
This means Watch well and go long above 5045
Anyhow Nifty futures face a strong resistance @ 5090
God is the only hope for call holders then, who remain in ‘long’ this month...
No technical factors, seen positive for bulls today…So be careful…
EXIT from your long positions in any rise;
5105 would be the last chance for call holders today; otherwise some miracle should happen
(I INSIST FIRMLY. ADVICES ARE FOR CURRENT
(DEC 16th) SESSION;
(Anything is possible in STOCK MARKET in forthcoming sessions!!!)
I look @ the probability now…
According to me the corrective
wave of (4801-5191) had started already and the end point would be
4945;
if extended, you can watch even up to 4885
PLEASE MAKE A GENERAL NOTE OF IT PALS
On any intermediate correction or levels dissolving, readers will be updated in the site itself…
So no worries…
In spite of all these, there is always another opportunity for the people who act wise and has the blessings of the almighty…
Right…?
So be bold and carry on friends..
A CAUTION ABOUT RELIANCE STOCKS FOR SHORT TERM INVESTORS AND POSITIONAL TRADERS
For God sake do not take any fresh positions in RELIANCE till market breaks 5200
TODAY’S QUOTE
Change will not come if we wait for some other person or some other time. We are the ones we've been waiting for. We are the change that we seek.
-Barack Obama
We try our level best to tag along today’s quotes in our day to day life and in our business too
Disclaimer: Trade at your own risk
RELAX CORNER
அவள்
பிரிந்த நாள் முதல்
ஒவ்வொரு
விடியலின் போதும்
வாழ்க்கையிடம் வினவியது
மரணம்
'இன்னும் எத்தனை
நாள்
காத்திருக்க...?'
-மஹிந்தீஷ்
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