TRADING STRATEGY OF FEB 8 (2010)

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How are you doing...?
Sorry for a small break taken.
I need to relax for some time..
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Day Trading Strategy of Nifty Futures
for Monday (FEB 8)

Range bound between 4680 & 4860
Intraday Break Outs

Upper side break out of 4769
Takes Nfutures to
4810

Similarly
Lower side break out of 4725 takes NF to
4680

More details, scrips with S/L,
Sure shot Jackpot calls,
EXACT Entry, Exit levels, Reversals
& earlier U turn warnings
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In our calculations mostly we give

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TODAY’S LESSON
(continued…)

6) ACCOUNTING CONCEPTS:
The four important concepts are, on-going concern concept, accruals concept, consistency concept and prudence concept

7) ACCOUNTING YEAR:
It is also called as financial year. According to companies act, 1988, the accounting year of all public limited companies will be from 1st April – 31st March

8) ACCOUNTS PAYABLE:
A term appearing on the liabilities side of a balance sheets; it means the amount the company is liable to pay to its regular business creditors from whom it has bought goods or services on credit

9) ACCOUNTS RECEIVABLE:
A term appearing on the assets side of a balance sheet. The debts and debtors to the company are shown under Accounts receivable column. Since some of the company’s debtors fail to pay because of the financial difficulties, a realistic estimate of accounts receivable deducts an amount representing debts considered doubtful. It measures a company’s liquidity, It also measures the soundness of sales management when the total sales credit of a company for the accounting period is divided by accounts receivable and the sum arrived shows that accounts receivable have been collected a satisfactory number of times.

10) ACCOUNT STATEMENT:
When an account with the broker is active, he periodically issues a statement to his client, featuring all transactions, including long and short positions
                                                         (To be contd…)
TODAY’S QUOTE


Great leaders genuinely care for and love the people they lead more than they love leading itself. Leadership without love degenerates into self-serving manipulation.
                                                      -Rick Warren

We try to tag along (or bear in mind)
Today's Quotes in day-to-day life,business united with our own innovative thoughts.

RELAX CORNER

Ha..Ha..(HA)IRONIES...!!!

1) Knowledge is knowing a tomato is a fruit. Wisdom is not putting a tomato in a fruit salad.

2) The early bird might get the worm, but the second mouse gets the cheese.

3) Children: You spend the first two years of their life teaching them how to walk and talk. The next sixteen?Spent telling them to sit down and shut up.

4) He who smiles in a crisis has found someone to blame.

5) Politicians and diapers have one thing in common. They should both be changed regularly, and for the same reason.

6) I thought I wanted a career, turns out I just wanted paychecks.

7) If I agreed with you, we’d both be wrong.

8) To steal ideas from one person is plagiarism. To steal from many is research.

9) I asked God for a bike, but I know God doesn’t work that way. So I stole a bike and asked for forgiveness.

10) Light travels faster than sound. This is why some people appear bright until you hear them speak.

11) We live in a society where pizza gets to your house faster than the police.

12) A bus station is where a bus stops. A railway station is where a train stops. On my desk, I have a work station.

13) How is it one careless match can start a forest fire, but it takes a whole box to start a campfire?

14) I didn’t fight my way to the top of the food chain to be a vegetarian.

15) A computer once beat me at chess, but it was no match for me at kick boxing.

16) Good girls are bad girls that never get caught.

17) Laugh at your problems, everybody else does.

18) Did you know that dolphins are so smart that within a few weeks of captivity, they can train people to stand on the very edge of the pool and throw them fish?

19) Always borrow money from a pessimist. He won’t expect it back.

20) Never hit a man with glasses. Hit him with a baseball bat.

21) A diplomat is someone who can tell you to go to hell in such a way that you will look forward to the trip.

22) Money can’t buy happiness, but it sure makes misery easier to live with.

23) Some cause happiness wherever they go. Others… whenever they go.

24) I discovered I scream the same way whether I’m about to be devoured by a great white shark or if a piece of seaweed touches my foot.

25) War does not determine who is right. It determines who is left.