THIRSTY THURSDAY

FROM AN EXPERIENCE

1. Never Get Carried Away With Yourself.
“The basic idea is that one should remain impervious to the illusions and trappings of wealth, as they often lead one to become carried away to the point where excess of one sort or another ultimately leads to one’s demise” (265).

2. Never Operate From a Position of Fear.
“If you are fearful in the markets, either as a result of taking a recent loss or some other mistake, or even as a result of being nervous about the level of risk you are taking, then you are putting yourself in the position of making and unclear and hence incorrect decision” (265).

3. You Learn More From Your Enemies Than You Do From Your Friends.
Make sure you take the criticism’s of others and use them to your advantage by recognizing that the more others criticize the more you value your own beliefs, trading or otherwise.

4. Never Stop Learning and Improving.
Always focus your mistakes and searching for ways to correct them. That way you will not be as tempted to make the same mistake again.

5. Never Talk About Your Stocks.
This is purely an ego taming exercise. While I personally believe it is ok to discuss technical analysis and stocks that may be on a watchlist there is really no benefit in bragging about success and hiding your failures. It is ok to be wrong.

6. Don’t Get Giddy at the Top.
Bigger charts (such as the WEEKLY) are the best barameters for giddiness. By watching over extended big charts, the trader’s emotions can be better managed thereby avoiding jumping on the caboose as the train is set to take a break from its recent trip.

7.Use Weekly Charts First, Daily Second, and Ignore Intra-day Charts.
No need to focus on the noise at the expense of listening to the still, small voice of Mr Market.

8. Find The Big Stock.
Look for stocks under accumulation and then begin buying in preparation for distribution.

9. Be Careful Who You Get Into Bed With.
Although not a trading rule per se, keeping good, solid company outside the charts, can help you be the best trader inside the charts. “Trust and integrity between two people are the most important variables in life and in business” (269).

10. Always Maintain Insane Focus.
Focus “is what makes life worth living, and by relentlessly pursuing our passions we attain the state of insane focus that in turn drives high levels of success” (269).

- O'NEIL

No matter what you think of O’Neil and his trading strategy, one thing is for certain. His commandments are applicable to all of us both in and outside the charts.

TODAY’S TRADING STRATEGY

OF NIFTY FUTURES – NOV 11

Day Support @ 6310

If trades above 6310 for 15 minutes a small travel upto 6317-20-32-40-52

Traders pls notice…

In normal opening Nifty Futures has its resistance

at all above mentioned levels in today’s session.

If 6352 too crossed with volumes

watch a non-stop rally upto 6375

& there after upto 6399

On the other side,

If trades below 6310 and cuts 6295

A slide upto 6273 is possible-

there exists the 2^nd support for Nifty Futures

Get into the levels properly and trade

with good concentration.

BANK NIFTY

Buy btwn 13131-55

T1 – 13195-215

T2 – 13227-35-59

Sell btwn 13051-26

T1 – 12987-67

T2 – 12955-478-23

SHARE TIPS TODAY (NOV 11)

Sell GLAXO @ 2254

T1 – 2244

T2 – 2234

Sell CANBK @ 820.95

T1 – 812.95

T2 – 804.95

NOTE

1.THE ABOVE GIVEN TIPS ARE APPLICABLE

ONLY FOR DAY TRADERS.

2.NEVER EVER ENTER INTO A TRADE

BEFORE THE ABOVE MENTIONED LEVELS

or

AFTER THE TARGETS WERE ATTAINED.

AN ASTRAL VIEW OF MARKET TODAY

• During Jupiter will be in Pisces, financial institute, Education, Trust, Religious Trust, Charitable institutions, NGOs, airlines, paper Midia, sugar, imported - export, Medicine, formation medicine, Marine, fishre Shers, will be in news.

• Today's moon in the constellation of Sagittarius Puarwashado the lord is Venus. moon and Rahu being in different Navmansh, but each other in the center because the moon is in Scorpio and Rahu Cancer Navmansh

• Today and tomorrow, the pre-opening market may seem downwards; however, actually that is not be true.

Disclaimer

On repeated requests of the readers this astral prediction is started.

Traders are advised to attain some technical knowledge before they get into trades anyway

-EDITOR

THE BEST TIME FOR A TRADE...?
If you think about it, it makes sense – the very best time to buy something is when everyone is convinced that the price is going to fall lower, and the very best time to sell something is when everyone is convinced the price is going to shoot to the moon. Just learn the importance of trading against the crowd. The crowd is reacting to the market, and you learn to react to the crowd, this simple change in mindset can produce incredible profits if you are willing to look like a fool (in the eyes of others).

RISK

“Ancient man had no risk management.

Everything was left to ‘fate’ and the whims of the gods. Because

ancient man felt that he was merely a victim of circumstance he

did not see a need to plan for the future.

Therefore, he had no future.

In his book Against The Gods:
The Remarkable Story Of Risk,

Peter Bernstein plots out the
history of man’s
discovery of the law

of probabilities and
risk management.
Suffice it to say,
economic progress seems to run
parallel with man’s ability to discover,

quantify, and manage risk. Risk and reward are two sides

of the same coin. One is not present without the other.

You cannot receive the reward

unless you are willing to take the risk and you cannot expect

to keep that reward unless you learn to mange that risk.

It is imperative to master both subjects if you expect to be

successful in any endeavor,especially the arena of investing/trading.”

(Please refer to ‘OUR POLICIES’ before you leave the site)

For further details,

Contact Admin (Analyst) @

(0)9788563656

MESSAGE TODAY

What’s the worst thing that can happen to a quarterback? He loses his confidence.

-TERRY BRADSHAW

RELAX CORNER

BANKERS NEVER LEARN

The reason for the Recession — simplified.

A naked and drunken woman boards a cab in
London one night.
The Gujju driver keeps staring
and does not start the cab.
Woman : Haven’t you ever seen
a naked woman before ???
Gujju Driver : I am not staring at you lady ….. just wondering where you kept money to pay !!

The Moral : That is what most of the American
and European banks failed to do.
(i.e.) Assessing repayment capacity before taking
exposure !!!

Long live Gujju enterprise…

JUST SMS TO YOUR PAL

*What do I miss about my wife? Her absence.

*Some people live because it is illegal to kill them!

DEAR FRIENDS,

LOOKING FORWARD TO YOUR VALUABLE FEEDBACK

FOR THE PROGRESS OF THE SITE.

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