Sun, 31st July 2016

Anirudh Sethi Report


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Some Facts About Anirudh Sethi in Relate to www.AnirudhSethiReport.com

-AnirudhSethiReport is now owned by ANIRUDH SETHI  (Only Name been used by Real Owner )

-Twitter Id : anirudhsethi71 (Not owned by Anirudh Sethi )

-Anirudh Sethi :Has never Authored any Article in Relate to Indian Stocks/Indices /Commodities of Indian Stocks.

Yes ,Before Regulation came :



Focus by Anirudh Sethi was /Still there :To Track Global Economy ,Global Market ,Forex Market ,Global Commodity Market.

To Organize Seminars on TA/Trading Psychology.

Yes ,Members been made but for Global Market/Commodity Market/For Seminar purpose.

Not Any Where it is written :Anirudh Sethi says this :Buy /Sell or Hold !!

Not Any Where it is written :This is Official Twitter Trading Account of ANIRUDH SETHI

Every Important post is for Members & that too password protected.

Think it over…………………………………

By Banning Anirudh Sethi ,Readers/Traders :Don’t know Fact they just do BLA BLA.

For ANIRUDH SETHI name is important ,Across Globe people Recognise him by name not by Sensex/Nifty or Stocks.

In 2007 ,Focus was Technical Analysis ,Now also Focus is on TA :Already Boldly mentioned on 30th Dec 2013 & 25th Dec ’14 :Stopped writing about Stocks/Commodity.

Ireland Jails 3 Top Bankers Over 2008 Collapse… Instead Of Bailing Them Out

By means that could be termed dishonest, deceitful and corrupt, they manufactured 7.2 billion euros in deposits by obvious sham transactions,” Judge Martin Nolan of Ireland said as he convicted three top bankers on Friday for their role in the 2008 financial crisis. They are among the first in the world to be sent to prison for their involvement in the global meltdown eight years ago.

The longest-ever criminal trial in Ireland lasted 74 days and led to convictions for former Irish Life and Permanent Bank Chief Executive Denis Casey; former finance director at the failed Anglo Irish Bank, Willie McAteer; and former head of capital markets at the Anglo Irish Bank, John Bowe. They received sentences ranging between two-and-a-half to three-and-a-half years.

As light as those sentences may seem considering the dire effect bankers’ actions had on the Irish economy, U.S. and English bankers have evaded convictions altogether. Though banks in those countries have since paid out billions of dollars in settlements to regulators for their role in the 2008 crash, no one from those companies has been sentenced to prison.

Reuters reported on the different approach used by Ireland: 

All three were convicted of conspiring together and with others to mislead investors, depositors and lenders by setting up a 7.2-billion-euro circular transaction scheme between March and September 2008 to bolster Anglo’s balance sheet.

Irish Life placed the deposits via a non-banking subsidiary in the run-up to Anglo’s financial year-end, to allow its rival to categorize them as customer deposits, which are viewed as more secure, rather than a deposit from another bank.

Defense attorneys for the bankers claimed the scheme was prompted by Irish regulators’ demands at the time that Irish banks “support one another as the financial crisis worsened” in a program called the “green jersey agenda.”

Let Them Eat Cake: Venezuela Celebrates Chavez’ Birthday With $100,000 Cake, While Citizens Starve

Nothing describes socialism more aptly than baking a 4 feet tall cake weighing 90 kilos for Hugo Chavez’s birthday (a dead man)while the rest of the country starves, cannot find basic necessities

The cake is a recreation of the “Cuartel de la Montana”, the palace that Chavez famously stormed in 1992 as an army commander to protest Carlos Andres Perez’s government.

According to a local newspaper, the following ingredients were used :

  1. 720 eggs
  2. 23 kilos of butter
  3. 90 kilos of flour
  4. 90 kilos of sugar
  5. 44 gallons of milk                                                                                     

 with the state sponsored food program. Evidently, the government’s priorities are elsewhere.

China says EU anti-dumping duties are “unjustifiable protection”

Reuters carrying a report from the Chinese Xinhua news agency 30 July 2016

  • EU Commission’s imposition of heavy anti-dumping duties on Chinese steel bars is “unjustifiable protection for the EU steel industry”

Xinhua is citing a statement from the Ministry of Commerce who expressed regret that the move came just weeks after the G20 meeting in China, where fin mins had committed to avoid protectionism.

China’s monthly steel imports rose to their second highest on record in June at 10.94mln tonnes despite on-going complaints of dumping from around the globe, notably US and Europe. The issue has been headline news in the UK with the close-down or proposed sales of a number of steel plants arising in many job losses.

Seems to me like the heavy anti-dumping duties from the EU are long overdue.

Trading Psychology -4 Types of Trading

1)  The cognitive side of trading – How do you process information most efficiently/effectively and how can you refine your market preparation to better leverage your information processing strengths?

2)  The epistemological side of trading – How can you most effectively integrate quantitative data on markets (predictive models) with an experienced feel for markets?  How can you best blend analysis and intuition?

3)  The tactical and strategic sides of trading – How can you quickly identify when markets are changing and adapt to those changes?  How can you stay true to how you trade without becoming so inflexible that you become a dinosaur when markets evolve?

4)  The personal side of trading – How can you best manage your personal life and maximize your experience outside of trading so that you are best able to maximize your focus and energy while you are trading?

Mera Bharat Mahan : Golden Baba’: Meet the Indian Godman Who Dresses Up With 12 Kg of Gold

The godman wears glittering gold lockets, armbands, rings on all his fingers with a specially crafted diamond watch and has a round the clock security detachment of policemen. He wears gold not to show off his wealth and says he is at peace when wears gold and it is the symbol of Luxmi, the goddess of prosperity as per Hindu beliefs.

Golden Baba travels in a motorcade of 17 sedans guarded by 25 security guards. He is a devotee of Lord Shiva and carrying holy Ganga water on his shoulder from Haridwar to his ashram in Gandhinagar, Delhi. This year Golden Baba began his holy travel on July 24 from Haridwar and it will conclude in Delhi on July 31.

20 lakh people using free Wi-Fi at 23 railway stations in India: Google

About 20 lakh people are logging on to free Wi-Fi deployed by Google and RailTel at major railway stations across India every month, chief of the global search giant Sundar Pichai said.

“We are working with the Indian Railways and RailTel to bring high-speed wireless access to the entire Internet to millions of Indians who travel through India’s top railway stations,” the India-born executive said during an investor call.

He added that there are “already two million people logging in every month and they are using as much as 15 times the data they would otherwise use in a full-day on their cellular networks”.

The Internet giant had teamed up with RailTel, the telecom arm of the Indian Railways, to provide free Wi-Fi at 23 stations across the country. These include Mumbai Central, Pune, Bhubaneswar, Bhopal, Ranchi, Raipur, Vijayawada, Kacheguda, Ernakulum Junction, Vishakhapatnam, Jaipur, Patna, Guwahati, Ujjain, Allahabad and Chennai Central.

Mera Bharat Mahan : Tripura in crisis: Petrol prices reach Rs 300 per litre, as rains hit National highway

tripura, tripura petrol, tripura petrol price, fuel price hike, tripura diesel, tripura diesel price The damage on the Assam-Tripura national highway has led to Petrol being sold at Rs 300 for a litre and diesel at Rs 150 per litre. (PTI)
 Extreme shortage of petrol and diesel in Tripura, due to poor road conditions, have hit the state even worse after torrential rains on Friday. People have come out on the streets and protesting against the shortage of basic commodities and hike in fuel prices. The damage on the Assam-Tripura national highway has led to Petrol being sold at Rs 300 for a litre and diesel at Rs 150 per litre. The bad condition of the roads, made worse by the rains, had also left the traffic disrupted. The repair work going on the highway has been stopped because of the rains. The already degenerating national highway which has been hit because of incessant rainfall is now filled with debris.

Carriers of essential commodities arriving from various places have been left stranded on the highway. In state capital, Agartala tyres were burnt in front of petrol pumps on Friday, while Trinamool Congress workers helped the public in blocking routes on the way to the state secretariat. The police arrested 50 people and ended the protest. The lack of fuel to even run buses have forced many schools to close. Taking cue from the Arvind Kejriwal-led Delhi government, Tripura had brought in the ‘Odd-Even’ system on Thursday and has also been forced to ration the fuel.