Monday, June 20, 2011

STIRRING MONDAY....?


FROM AN EXPERIENCE
The composite of a losing trader would be someone who is highly
stressed and has little protection from stress, has a negative 
outlook on life and expects the worst, has a lot of conflict in 
her/her personality, and blames others when things go wrong. 
Such a person would not have a set of rules to guide their behavior 
and would be more likely to be a crowd follower. 
In addition, losing traders tend to be disorganized and impatient.
                                                                          —Dr. Van K. Tharp

All and all, despite seeing the technical potential in the market and 
sort of feeling like the market could blow to the upside, 
I shall remain virtually 100% cash, with only a couple of small, 
out-of-the-money put positions.

—Ambivalence usually produces anxiety in traders and investors. 
It shouldn’t. You have the option of doing nothing.

Furthermore, you also have the right to be wrong. 
And how blessed it is to be wrong and not lose a penny! 
This splendid state occurs when you’re not invested.

It’s truly a blessed thing to be able to stand back and speculate for 
free. If you’re right you can enjoy the satisfaction of knowing that 
you were right. You will be richer because of it. And if you’re 
wrong? You learn so much from being wrong! Often much more 
than from being right! But the advantage of being wrong when 
you don't invest is that you can much more easily get over the 
failure and focus on the didactic benefits of being wrong.


—Logic suggests that having no capital at risk should produce 
maximum tranquility in an individual. The fact that it doesn’t 
suggests a psychological mal-adaption that should be addressed..

* Traders should avoid putting stops in the obvious places. 
For example, rather than placing a stop 1 tick above yesterday’s 
high, put it either 10 ticks below the high so you’re out before all 
that action happens, or 10 ticks above the high because may be the 
stops won’t bring the market up that fair. If you’re going to use 
stops, it’s probably best not to put them at the typical spots. 
Nothing is going to be 100 percent foolproof, but that’s a generally 
wise concept.
                                                                                          (to be contd)



TODAY’S TRADING STRATEGY
OF NIFTY FUTURES – JUNE 20

Good intraday resistance @ 5407 and 5449
Final Support @ 5328

If trades above 5368 today for 10-15 minutes a hike 
upto 5406 is very much possible
If sustains above 5407 for 5 minutes, see more hike upto
5432-42-49
Suppose if trades below 5368 for 15 minutes
see a slide upto 5331 for sure


SCARY HEAD AND SHOULDERS FORMATION IN 
DAY CHART OF NIFTY SPOT
DOUBLE CLICK TO ENLARGE THE CHART


FOR TAMIL VIEWERS & TRADERS

மேலே கொடுக்கப்பட்டுள்ள NIFTY SPOT- இன்
தினசரி முடிவுகள்(EOD) தெரிவிக்கும் 
வரைபடத்தில் ஒரு
தெளிவான HEAD & SHOULDERS 
உருவாக்கத்தை நாம் காணலாம்..
முதலீட்டாளர்களை அச்சுறுத்தும் புள்ளிகளாக 5322 மற்றும் 5283 
உள்ளது.
5322 விற்கு கீழே மூன்று நாட்கள் தொடர்ந்து சந்தை மூடும் பட்சத்தில்
5250 மற்றும் 5230 என்ற நிலை உடைந்து எழுநூற்றைம்பது
முதல் தொள்ளாயிரம்
புள்ளிகள் சரியாக ஒரு மாத அவகாசத்தில் (ஜூலை அல்லது ஆகஸ்ட்)
சந்தை சரியும் நிலை இதிலிருந்து தெளிவாகிறது..


எனவே சந்தையில் முதலீடு செய்ய விரும்புவோர் 5283 என்ற புள்ளி
ஆதரவு நிலையாக செயல்படுகிறதா இல்லையா என்பதை உறுதி செய்த
பின்னர் உள்ளே நுழையலாம் அல்லது இங்கிருந்து ஆயிரம் புள்ளிகள் 
சரியும் வரை காத்திருந்து பின் முதலீடு செய்யலாம்..


சரியாக சந்தை திரும்பும் நேரம் மற்றும் புள்ளிகளை
அறிந்து தினசரி லாபம் ஈட்ட எங்களின் கட்டண
சேவையை உபயோகியுங்கள்..
எந்த சந்தையிலும் முனைப்புடன் ஜெயித்து காட்டலாம்..


வாழ்த்துக்கள்..


விபரங்களுக்கு அழைக்கவும் 
(0)9788563656




SHARE TIPS TODAY (JUNE 20)       
            
1) Sell JISJALEQS @ 140.60
   T – 138.60

2) Sell ABIRLANUVO @ 851.55
  T – 842.65

3) Sell PATNI @ 334.90
  T – 330.85

4) Sell YESBANK @ 281.70
  T – 278.25

5) Sell GRASIM @ 2093
  T – 2080

6) Sell MARUTI @ 1160
  T – 1148

7) Sell M&M @ 642
  T – 636.75


  
Disclosure:
1. Stoploss levels, reverse trades are exclusively
 to the subscribers.
2. Solely I have all the rights to stop this free tips
at any moment.
Subscribe as soon as possible and earn more.
Join hands with us and enjoy pals.


What it takes to be winning trader ? - Larry 
 



















10 TRADING ERRORS 
1.     Refusing to define a loss.
2.  Not getting rid of a losing trade when it is obviously a loser.
3.  Getting locked into a bullheaded opinion about market 
     direction.
4.  Focusing on monetary value of trade instead of market 
     structure.
5.  Revenge trading to recoup a loss.
6.  Not reversing a position when the market is clearly 
     changing direction.
7.  Not following the rules of your strategy.
8.  Planning for a trade and then not taking it.
9.  Not acting on your intuition.
10.Giving back recent gains due to overtrading or 
    inconsistency.



(Refer to ‘OUR POLICIES’ in blog archives
in case of any queries)

For further details,
Contact Admin (Analyst) @
(0)9788563656



MESSAGE TODAY

The brave man is not he who does not feel afraid, but he who conquers that fear.
                                                                                 -NELSON MANDELA




RELAX CORNER


WATCH MY DEBUT MUSICAL AND POST YOUR COMMENTS

  Music & Lyric: Mahindeesh













DISCLAIMER
THE RECOMMENDATIONS MADE HERE DO NOT CONSTITUTE AND OFFER TO SELL OF A SOLICITATION TO BUY ANY OF THE SECURITIES/COMMODITIES OF ANY OTHER INSTRUMENTS WHATSOEVER MENTIONED. NO REPRESENTATIONS CAN BE MADE THAT THE RECOMMENDATIONS CONTAINED WILL BE PROFITABLE OF THAT THEY WILL NOT RESULT IN LOSSES. READERS USING THE INFORMATION CONTAINED HEREIN ARE SOLELY RESPONSIBLE FOR THEIR ACTIONS. SURFING OR USING ‘tradersharmony.blogspot.com' DEEMS THAT THE SURFER ACCEPTS AND ACKNOWLEDGES THE DISCLAIMERS AND DISCLOSURES.THE INFORMATION PUBLISHED ARE FOR EDUCATIONAL AND INFORMATIVE PURPOSE ONLY AND THE USER/READERS SHOULD TAKE ADVICE OF HIS/HER ADVISER BEFORE TAKING ANY DECISION FOR BUYING, SELLING OR OTHERWISE DEALING WITH SECURITIES/COMMODITIES OR ANY OTHER INSTRUMENT WHATSOEVER.







Monday, June 13, 2011

நேர்மை, துணிவு, துல்லியம்,
தவறியதில்லை யாம் இது சத்தியம்...

ESCAPE MONDAY...?


FROM AN EXPERIENCE 

A hunch can be trusted if it can be explained.
Though intuition is not infallible, it can be a useful 
speculative tool, if handled with care and skepticism.
If you are hit by strong hunch – put it to the test. Trust it only
if you can explained it. 
That is only if you can identify within your mind a 
stored body of information out of which that hunch 
must reasonably be supposed to have arisen.
Be wary of any intuition that seems to promise some 
outcome you want badly.
Never confuse a hunch with a hope.
* 
The ability to change one’s mind is probably a key characteristic
of the successful investor. Dogmatic and rigid personalities rarely,
if ever, succeed in the markets. 
The markets are a dynamic process, and sustained investment 
success requires the ability to modify and even change strategies
as markets evolve.
*
Trading is based on our hypothesis. In other words trading 
amounts to our educated guesses, which means the more you 
invest in your education, the more likely you are to find yourself 
on the right side of the trade. One of the most widely overlooked 
parts of trading education by traders is the study of past charts. 
I make personal videos, so that like a football team I can 
review my plays and create better strategies.
Your chart will tell you almost every thing you need to know 
to get on the right side of the trade. The one thing it doesn’t 
tell you is what is going on behind the scenes and it will even 
give you a hint to that most of the time. 
Your bullish/bearish ENGULFING patterns are evidence 
that there are some secrets that the market keeps to itself.
Mastering your candlestick psychology, your 
support/resistance, and your trendlines are things that you want 
to major on and learn well. You may not win every trade, 
but having a firm foundation on these simple techniques 
can greatly increase your odds of a successful trade. I think 
the more simple your charts, the better and easier it is for 
you to enter a good trade.
Sometimes you will have the perfect trade set up and all of your 
analysis will be right and you will find yourself on the wrong 
side of the trade. No big deal, it happens to all of us, review 
that trade and see if you can identify the error. When you have 
reviewed it, look for the next trading opportunity. 
There is NO PERFECT TRADING STRATEGY!!!!!!! 
This is only a guessing game for those of us who like to play 
the odds. The better your education, the better your odds 
will be against the house.


                                                                                                                              (to be contd)



TODAY’S TRADING STRATEGY
OF NIFTY FUTURES – JUNE 13

Resistance today @ 5507-17-24 levels..
In a normal opening today,
Fresh Short is sturdily advised around 5525
with the stop of  5550
Intraday targets – 5496-5487-5478-5464

Good support @ 5464 is seen all over the week
If breaks that too with good volume,
see a non-stop slide upto 5430

Option players can go for 5500 PUT or 5400 PUT
around 5525 with the same stop and targets
of Nifty Futures

Friends, Traders unknowingly got locked in 5200 PUT 
can average around 5525 with the
same stop (5550) and exit around 5470.

Again we insist that above recommended is applicable
ONLY IN CASE OF NORMAL OPENING
(i.e below 5500-05) today..

(Range bound today in a normal opening
– from 5464 to 5525) 

Suppose,
If Nifty Futures opens above 5507 and cuts 5517 with
volumes and sustains above 5517 for 15 minutes,
then see a sure intraday hike up to
5544 and then upto 5562-76
In such a GAP UP opening,
resistance is seen @ 5544 & 5576
Avoid fresh shorts in a GAP UP opening till 5576


FOR THE ENTIRE WEEK

SUPPORTS @ 5464 & 5430
&
RESISTANCE @ 5562-76

A note for the BULL followers 

Nifty Futures should cross 5576 decisively with volume
and sustain above the level atleast for half an hour
to go into the bulls hands (for medium term)
in forthcoming sessions.



SHARE TIPS TODAY (JUNE 13)       
            
1) Sell ASIANPAINTS @ 3057
    T – 3033.550

2) Sell HEROHONDA @ 1715
    T – 1701.75

3) Sell HINDPETRO @ 364.75
    T – 362.50

4) Sell JSWSTEEL @ 893.50   
    T –  888.50   

5) Sell ESSAROIL @ 125.15
    T – 123.20
   
6) Sell MPHASIS @ 455
    T - 451.50

7) Sell BAJAJ-AUTO @ 1320.50
    T –  1310.50
  


Disclosure:
1. Stoploss levels, reverse trades are exclusively to the   subscribers.
2. Solely I have all the rights to stop this free tips
at any moment.
Subscribe as soon as possible and earn more.
Join hands with us and enjoy pals.



SBI BREAKS RULES ON LOANS TO RELIANCE IND

The public sector lender, 
which also
has significant exposures
to troubled Air India besides 
certain telecom firms being probed
in relation to the 2G scam, 
has now disclosed that its credit
to RIL was in excess of the limits prescribed under the 
RBI’s prudential credit norms. 

 Detailing the cases where it breached prudential limits 
for single-borrower exposure during the fiscal ended
March 31, 2011, SBI has named RIL as also public sector 
majors Indian Oil and BHEL as three such borrowers in its 
annual report. 
This is the third straight year when SBI has exceeded the 
single-borrower ceiling with regard to RIL,
as per the bank’s annual reports for the past three
financial years
However, the bank brought down its exposure to RIL 
within the limit on the last date of the previous fiscal, 
ie March 31, 2011, according to the SBI annual report.

The public sector lender had provided credit in excess 
of prudential norms to RIL during 2009-10 and 2008-09 also.

During the year 2009-10, the bank’s credit exposure was in 
excess of prudential limits for Reliance Industries, 
Indian Oil Corp (IOC), BHEL and Tata Group.

Prior to that, SBI exceeded prudential credit limits during 
2008-09 with regard to its exposure to RIL and IOC.  
As per RBI guidelines, the exposure ceiling limits are 15 percent 
of capital funds in case of a single borrower and 40 percent 
of capital funds in the case of a borrower group.
However, the credit exposure to a single borrower can go 
up to 20 per cent, if the additional 5 per cent exposure is on 
account of extension of credit to infrastructure projects.  
Similarly, the credit exposure to borrowers belonging to a group 
may go up to 50 per cent, if the additional 10 per cent exposure 
is for credit to infrastructure projects.
 The bank’s exposure to telecom companies recently came 
under criticism as some of these companies are facing probes 
in connection with the 2G scam involving alleged breach 
of regulations in allotment of licenses.
In an analyst conference after the bank’s full-year results 
for 2010-11, SBI disclosed that its exposure to telecom 
companies was Rs 22,600 crore (3 per cent of its loan book), 
while exposure to telecom companies under investigation was 
Rs 1500 crore.  
Besides, its exposure to airline companies, including troubled 
Air India was Rs 4,500 crore.
The bank also disclosed a total exposure of 
Rs 1,00,000 crore in the infrastructure sector, including 
Rs 30,000 crore to the power sector.  
With regard to single-borrower exposure limit exceeded in 
2010-11, SBI said in its annual report, that its credit to 
RIL breached the prudential ceiling on three occasions 
during the year — between April and July 2010, 
from August to October 2010 and from November 2010 to 
February 2011.  
Between April and July 2010, SBI’s exposure to RIL was 
Rs 15,815.48 crore, as against a ceiling of 
Rs 13,646.26 crore, while the exposures exceeded the 
respective limits by well over Rs 1,000 crore on two other 
occasions also.
The outstanding exposure to RIL as on March 31, 2011 
stood at Rs 5,645.44 crore, which was within the limits.  
For IOC and BHEL also, the credit exposure exceeded 
the ceiling on three occasions during 2010-11.  
During the year 2009-10, the credit exposure exceeded the 
prudential ceilings on three occasions each for IOC, 
RIL and BHEL, while the exposure was in excess of the 
limit for Tata Group on two occasions.

For 2008-09 also, the credit exposure was in excess of the 
permitted level on three occasions for both RIL & IOC



5 POINTS BEFORE YOU TRADE

# Concentrate on what is important.
 The most important thing when
I am trading is profit and education, 
to some extent.
You can get to profit many ways but 
your actions need to all 
bend towards that one objective.  
Me talking about my position 
takes me away from analyzing the 
position.  Also, for me,
it makes me less flexible. 
Now I am thinking about what the market is doing 
and how I look to other people.  
Also, if you are going to talk your book the most effective 
way is to get out into it, albeit the most unethical.

Start with a logical thesis. For example, leave out the fact
that you said the following about the company 
“offers a useful, attractively priced service to customers, 
is growing like wildfire, is very well managed, and has a 
strong balance sheet,” but still decided to short the company 
anyways.  I realize this statement does not always mean a 
stock price is going to rise but the next logical step does 
not mean the stock is going down.

Follow your plan. Do not make reference to your strategy 
as the following “outright frauds (our very favorite), 
industries in decline or facing major headwinds, 
weak or faddish business models, 
bad balance sheets, and incompetent,
excessively promotional and/or crooked management”  
and not follow it.  See above statement.

Do your research before you make a trade. 
Don’t use anything with the word “monkey” in it for 
research purposes and tell someone about it.  
Also, 500 people is not a very big sample size.

And finally, don’t act like a loss is the end of the world 
or a win. If you are doing the right things, your best and worst 
days are always ahead of you. After the trade is over the next 
trade is the most important, once again assuming you are doing 
the right things.
Nothing is ever going to prevent you from losing but there 
are several things that can prevent you from winning 
over a long period of time.



CNBCCreating News & Broadcast Cheating...?

தில்லு முள்ளு...தில்லு முள்ளு..
சேனல் எல்லாம் கல்லு முள்ளு..
ஆயிரம் செய்திகள்..
ஆயிரம் மோசங்கள்..


பூனைக்கு மணி கட்டுமா SEBI...?



Once again this blue channel flashes a blunder :-
The TV screen shot of  CNBC TV18 (on June 9th 13:40hrs)
is given below

 















Mkt price of Patel at that time is 156.  Flash says 1 crore shares 
bulk deal at 441.
How can it happen ??? - Impossible by any means. 
Its 52 week high itself is far below 400.  
Now the quantity!!! 45% of Promoter holding
as per NSE websiteis about 3 cr shares out of total equity
of about 7 cr shares.  
Have Promoters sold 1/3rdof their equity at triple the market price !!  
The buyer, if at all, must be one of the overseas black-money 
account holder whom Anna-Ramdev duo is crusading.  
The notable point in this TV Visual is that it doesn’t have any tags 
like “Sources”, Street-Talk, etc.It looks as if its an extract from a 
legible reporting or an announcement of authenticity.  
Based on such clippings if any active trader dives into the stock, 
what’s his fate..?   
We have searched all Newspapers, Internet, 
NSE web-site, etc but no news about this flash. Nothing is stated 
from company side too. 
Who the hell going to bell this ugly media cat CNBC?
Is it hand-in-glove with some operator to assist in off-loading 
the position.  
CNBC appears to be flashing sponsored news for a price and 
a part of Indian stock rigging. 


OUR HUMBLE ADVICE TO THE TRADERS
If you want to gamble,
go to Las Vegas. 
The markets are not the 
place to look for action. 
They are serious business
and gamblers will be 
liberated of their money 
in very short order. 
There are no comped 
rooms, pretty girls, 
or free drinks 
when you lose.
So approach this with
the same sense of 
dedication you would give to the most serious profession.
If you learn to succeed, trading for a living can be one of the 
most rewarding endeavors you could ever pursue.




SIVASANKARAN ABOUT MARAN



















(Refer to ‘OUR POLICIES’ in blog archives
if you have any queries)

For further details,
Contact Admin (Analyst) @
(0)9788563656



MESSAGE TODAY
If we let things terrify us, life will not be worth living.
                                                            -SENECA, Epistles




RELAX CORNER

JUST SMS TO YOUR PAL
2 friends, “see” & “saw”: 1 day “see” saw sea &; “saw” didnt see sea. “See” saw sea and jumped in sea. “Saw” didnt see sea but jumped in sea. “See” saw “saw” in sea & “saw” saw “see” in sea. “See”...


மாத்தி யோசி..






சுவாமி டுமீல்டுபாகூரானந்தா

சீடர்:       சாமி..'அஷ்டமா சித்திகள்' பெற நான் என்ன செய்ய வேண்டும்..?

சுவாமி:  'அஷ்டமா' என்ற பெயருடைய எட்டு பெண்களை
                உன் சித்தப்பாவை மணமுடிக்கச் சொல்.. 
              
சீடர்:      தன்யனானேன் சாமிஜி...

சுவாமி: ஓம் தத்சஸ்...
                                                                    (ஆன்மீக ஆய்வுகள் தொடரும்)

வாரா  வாரம்  ஆன்மீக  ஆரவாரம்  



Disclaimer
எண்ணங்கள்  பண்படுவதொன்றே எங்கள்
நோக்கமே அன்றி எவர் மனமும் 
புண்படுவதல்ல...
யாவரும் சிந்தித்து இன்புற்றிருப்பதுவேயல்லாமல்
வேறொன்றும் அறியோம் பராபரமே..


                                                                      -ஆசிரியர் 





DISCLAIMER 
 THE RECOMMENDATIONS MADE HERE DO NOT CONSTITUTE AND OFFER TO SELL OF A SOLICITATION TO BUY ANY OF THE SECURITIES/COMMODITIES OF ANY OTHER INSTRUMENTS WHATSOEVER MENTIONED. NO REPRESENTATIONS CAN BE MADE THAT THE RECOMMENDATIONS CONTAINED WILL BE PROFITABLE OF THAT THEY WILL NOT RESULT IN LOSSES. READERS USING THE INFORMATION CONTAINED HEREIN ARE SOLELY RESPONSIBLE FOR THEIR ACTIONS. SURFING OR USING ‘tradersharmony.blogspot.com' DEEMS THAT THE SURFER ACCEPTS AND ACKNOWLEDGES THE DISCLAIMERS AND DISCLOSURES.THE INFORMATION PUBLISHED ARE FOR EDUCATIONAL AND INFORMATIVE PURPOSE ONLY AND THE USER/READERS SHOULD TAKE ADVICE OF HIS/HER ADVISER BEFORE TAKING ANY DECISION FOR BUYING, SELLING OR OTHERWISE DEALING WITH SECURITIES/COMMODITIES OR ANY OTHER INSTRUMENT WHATSOEVER.