Guesstimates on February 9th , 2010
09 February 2010
I find time and time again that losing traders are making the same mistakes:
1. They don’t keep any records.
2. They do no testing.
3. They become euphoric about (and increase risk wildly after) wins.
4. They become despondent about (and decrease risk wildly after) losses.
5. They focus on how much money they want.
6. They rarely / never think about how much they stand to lose on a trade.
7. They set their stop loss based on a 1:1 or 1:2 risk to reward ratio, just to make
the ratio look good.
8. They discount the importance of psychology.
9. They over-value the importance of the trading “system.”
10. They have no routine.
BANK NIFTY :8425-8460 are Hurdles.Now real power above 8460 level only.
-Will rally upto 8567-8602.
CNX IT :Above 5505 will spurt to kiss 5565-5586 & there after unexpected buying will start.
-For time being worst is over.
Rs.153 is Rockbottom.Above 159.50 catch it.tock will rally to kiss 165-166 & there after unexpected Buying will start.
U need Lion’s heart to Trade in this stock.
-Watch Triangle of Rs.58
-Grab it and forget.
-Stock will zoom to kiss 410 level & there after unexpected buying will start in this stock.
-Today above 402,Catch it.Stock will kiss 410 & then sky is limit.
Rs.400 is Rockbottom.
-Double bottom formation @ 400
Today above 431,Catch it.My target in hrs Rs448-452+.
-Stock will zoom to kiss 466 (will fill gap too )
-Any Panic ,Buy this stock.Have patience and mint unexpected money.
Just watch Triangle of Rs.48
-Yes its a Ascending triangle.
Any Time ,Any moment.Stock will create fire work.
-My First target Rs.424 & there after whole India will run for this stock.
RELIANCE :Will show power above 999 ,1005 level.
-Crossover will take to 1015-1020.
-Yesterday’s low very crucial :973.
No charm in Market ,Just concentrate on levels and trade.
Break and close below 4676 will create real panic.My TARGET is intact of 4531-4480 for Nifty Future below 4676.
-Maximum Sensex/Heavy Weight are in Major Down trend only.Any Revival best opportunity to sell -sell -sell.
Updated at 9:05/9th Feb/Baroda
February 9th, 2010 at 2:19 pm
Sir,
Is it good to invest in the stocke named SHIRPUR GOLD REFINERY (Bse Code 512289) ?
Pls spare some time to analyse this script. I hold this stock.
Thanks
February 9th, 2010 at 4:45 pm
Mr. Sethi,
Pls dont waste yr valuable time to analyse such demand.. otherwise, every reader will start asking & if u r starting to do this…. v all miss yr valuable inputs on Nifty, Trend Decider etc… which help us a lot… One another suggestion, why u r not starting acedamy to share yr extra-ordinarly knowledge of chart reading…. I know, u dont care for money, but still u can keep some reasonable amt as entry fees..
thnx
February 9th, 2010 at 6:00 pm
Sir,
Gold levels pls
February 11th, 2010 at 5:28 pm
r u making the fun only
if reliance cum at 535 then market will cum at 10000
thats not possible dear
so dnt give such stupid ideas
February 11th, 2010 at 8:19 pm
God had given u eyes or not ???Just read levels and then comment.
Now u are on 10th floor of Building and u want to come down to floor 1st….will u go down by 9-8-7-6-5-4-3-2 and then will reach at number 1.
Same here ,Its projection only.U are Trader ?U are Investor ??Who u are ??
What is Intraday tgt /Weekly tgt /Monthly from stock market ???
Enjoy life and use eyes and brain (if u have )……then comment.
Next time u comment ,write your contact number.
February 20th, 2010 at 1:25 am
Great site! I liked the info you contained in it. I would have never learned of this website if I did not find it Googling random things!