TASTY TUESDAY (FEB 9)

Hi Pals,

Yesterday boldly written that NFutures would slide upto 4680 if it cuts 4725 and that is what happened in the earlier session.

Also for your information,

Exactly at Nfutures enters our buying levels (4769) @ 14:15 and within 15 minutes it has reached 4806 (Mentioned Day Target 4810)

Noticed or not pals…?

Hence Clients, Subscribers of ‘tradersharmony’

enjoyed ‘90+’points/lot yesterday in a single session in just 2 trades pursuing my trailing stop losses and that is
‘tradersharmony.blogspot.com’ for you…

OPEN CHALLENGE

CAN YOU BE AN EVIDENCE FOR ANY OTHER WEBSITE WHO DARE TO WRITE SUCH INTRADAY LEVELS IN INDIA

Now...What next…?

DAY TRADING STRATEGY OF NIFTY FUTURES(FEB 9)

If Nfutures trades today without breaking Yesterday’s High of 4806 and cuts 4732,

Sell Nfutures @ 4730

A non-stop slide upto

4694 is possible.

On the other hand

If trades above 4774 for 10 minutes and cuts 4793 with volumes 

Buy it @ 4795 and within 30 minutes watch Nfutures flying upto 4845  
and from there upto 4895 
before the end session

FREE TIP OF THE DAY

Sell Hero Honda @ 1560

Target – 1548-1542

Subscribe for

EXACT Entry, Exit levels, 

having updated about trend Reversals

& earlier U turn warnings of Nfutures,

Individual Scrips,

Trailing S/L,

Sure shot Jackpot calls and for having personal touch in Market Hours.

Just come into our list under

SCHEME A (or) SCHEME B

and keep enjoying with us…

Or else utilize us as your Port Folio Manager

What is SCHEME A & SCHEME B?

Scroll more (Pls refer FEB 7 POST titled as 'POLICIES OF 
tradersharmony.blogspot.com’)

Contact me 

@ (0)9788563656

& 

(04142)236656

-Admin,Editor,Technical Analyst & Director

Mahindeesh (a) Sathish

Cuddalore-2

Tamil Nadu

India

KNOW YOUR BUSINESS JARGONS

TODAY’S LESSON

(continued…)

11) ACCRUAL: A charge or obligation to pay incurred, but not yet paid, e.g. Power consumption, bill, or any other expenses incurred but not paid. Good accounting practice takes note of such accruals in preparing accounts.

12) ACCRUAL BASIS: Accounting method in which income and expenditure are entered as and when earned or incurred, although they may not have been received or paid.

13) ACCUMULATED DEPRECIATION:  The total depreciation till date. (and not for a particular period)

14) ACCUMULATED DIVIDEND: The total dividend due to preference shareholders, not paid, and carried forward on the balance sheet as a liability until it is paid. Skipped or passed dividends do not accrue to equity shareholders, who also cannot be paid any dividend until dues of preferences shareholders are met

15) ACCUMULATED PROFITS:

The total amount of profits, after payment of dividend, taxes and providing for depreciation, that is carried forward to the next year’s account

                                  (To be contd…)

TODAY’S QUOTE 

My conscience hath a thousand several tongues,

And every tongue brings in a several tale,

And every tale condemns me for a villain.

-William Shakespeare, Richard III

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 

Sardarji sending SMS to his pal:

May our friendship turn into silver, silver into gold, gold into diamonds... and may our diamonds be forever... Then we'll sell it OK? Fifty-Fifty