USDINR-Last Hurdle 59.22 ,Laxman Rekha at 59.38
20 June 2013 - 8:52 am
We had Written Boldly and above 58.83 level ,Our Targets were :
59.13———————-59.22 level.
(In Tons ,We know many of our Subscribers bought …given indication ready for blast at 3 pm )
Three Consecutive close above 59.38 level +Weekly close will take to 60.50-60.87 level !!
Yes ,Very soon will see USD kissing 60.50 level !!
101% Will Update More to our Subscribers.
Updated at 8:50/20th June/Baroda/India
Bank Nifty-Targets 11769-11749-11689-11669 in PANIC.Sell BOB ,Indusind Bank.We see Rape of ICICI ,AXIS..Massive Selling to start ?
20 June 2013 - 8:39 am
Last Close :11862
Below 11829 level ,Will see PANIC upto 11769————-11749 level !!
Once Breaks and trades below 11749 with volumes will take to 11689—-11669 level.
Below 11974 level……………………We see PANIC upto 11516—–11363 level very soon !!
Don’t Jump & Buy ,101% on Rise Sell Sell Sell PSU Bank Stocks.
Bank of Baroda ,BOI ,INDUSIND BANK ,HDFC ,HDFC BANK.
Below 2037 ,Last Support @ 2032…………..Now ONCE Breaks 2032 with volumes
Will take to 2016–2011 level in panic.
Below 2011 …………………….Retest of 1990 level in hrs only.
Will it CRASH upto 1043———————–1028 level in next few hrs ??
Decisive break below 1071 level with volumes.Watch PANIC of life !
101% More Updates ,More Stocks to our Subscribers during trading hrs.
Updated at 8:37/20th June/Baroda/India
Trading Strategy for 20th June ’2013.Below 5768-Panic to Continue.Will Try to kiss 5700-5650 ?
20 June 2013 - 7:59 am
Moving on.
If you are still making the same mistakes and not making progress read the above paragraph. If not, chances are you are starting to make progress. You are seeing things better, making better decisions. You are starting to take more from them than they are taking from you. This is when trading starts to get fun again. But it comes with great responsibility. You now know what is possible. You have a choice. You can go back to the beginning or start building on your success. Now there are no excuses. You can either do it or not.
- Don’t let up
- Accept the responsibility to yourself
- Don’t let yourself fall into the traps from earlier in your career
Keep doing it.
The difference between a professional and retail trader is the duration and frequency they spend in the stages or if they ever get to next stage. Every day I have the ability to trade like it is my first day. I have proven that many times before. So I come in at stage one everyday and work my way through them. Each day spending only as much time is needed. But always starting at the first.
Last Close :5822
Now SGX NIFTY @ 5753 ( DOWN 62 POINTS )
So U should Look at Chart or Fundamentals or Economy or USD or Ben Bernanke ?Indian Market needs only Fii’s Flow to Move up (Nothing else )..But that too failed this time.In Last 6 months (Tons of Money Invested by Fii’s and YTD NF is down by 2% ) and USD is up by 8% YTD against INR !
Just Think :If they Start selling in Cash Segment-But they will not get Buyers in India …So they are Selling in FO Segment.(Just see Dirty volumes in FO Segment )
5779———————-5768 are Support levels.Break with volumes and stays below for 15-20 minutes
Will take to 5735—-5724 level in PANIC. Now Suppose Breaks 5724 level too ,Will kiss 5692-5680 level.
5818 ,5825 are Hurdles for NF (Yes ,3 & 7DEMA )
Slide upto 5669————————–5622 ????
Three Consecutive close above 5829+Weekly close will take to 5912-5939 (if not breaks low of 5692 )
101% More Details to our Subscribers.
Updated at 7:57/20th June/Baroda/India
Three Tweets and Magic of Information
20 June 2013 - 7:30 amRED ALERT–GETTING NEWS FROM US ,Our source says…………Dont hold anything long in mkt overnight ,JUST EXIT ALL LONG !!!!!!!!!!!!!!!!!!!
— Anirudh Sethi (@anirudhsethi71) June 19, 2013
ALERT -ALERT-ALERT
ont hold any thing long in mkt !!!!!!!!!!!!!!!!!!!!!!!!!YES MAJOR BAD NEWS on card form US..Tonight ,just remember us !
— Anirudh Sethi (@anirudhsethi71) June 19, 2013
OPEN CHALLENGE-JUST CLEAR ALL THINGS ,YES NO LONG POSITON @ ALL…………3rd alert fo u !!!
— Anirudh Sethi (@anirudhsethi71) June 19, 2013
HSBC ‘Flash’ Manufacturing PMI for June in China 48.3 (vs. 49.1 expected)
20 June 2013 - 7:20 am- prior was 49.2
AUD hit lower
Lowest reading for this indicator for 9 mnths
The outlook is worsening. recently downgraded GDP forecasts from just about everyone may well have to be downgraded again.
Power Ministry says no to Gas Price Hike
20 June 2013 - 6:55 am The power ministry has come out strongly against attempts by the petroleum ministry to raise gas prices from $4.2 per mBtu (million British thermal unit) to $6.77 per mBtu.
In a note sent to the Prime Minister’s Office as well as the finance, petroleum and fertiliser ministries, the power ministry has said, “The gas price for the sector should be competitive to competing fuel such as coal and should be affordable. Base price of domestic gas beyond $5 per mBtu may be unviable for power generation.”
The ministry feels it would make commercial sense to price gas sold to various buyers “commensurate with their price appetite”. >> Read More
Big bond bash for foreigners
20 June 2013 - 6:50 am
India hopes to kindle foreign investors’ interest in domestic debt with a bond offering worth Rs 42,000 crore tomorrow, marking the biggest-ever sale of government securities this year.
The big bond auction will be conducted by the Securities and Exchange Board of India (Sebi). It will be the first auction of debt securities since the government raised the investment limits for foreign investors in government debt by $5 billion to $30 billion earlier this month.
The step was taken in a bid to increase foreign fund inflows into the country. It may be recalled that the rupee has been under pressure over the past month because of a mix of global and local factors. >> Read More
India still shining for the super-rich
20 June 2013 - 6:40 amIndia’s economy may be in slow gear but its high-networth individuals (HNIs) are on a fast track, courtesy a buoyant stock market.
Consider this: India clocked 22.2 per cent growth in its population of HNIs, or those with $1 million or more in investable assets, in the 2012 calendar year. The rate was the second-highest, next only toHong Kong, which saw 35.7 per cent growth. BSE’s Sensex gained 24 per cent last year, aided by reform steps and some monetary easing.
Both Hong Kong and India have ably overcome their poor performance of 2011, when their HNI population had contracted 17.4 per cent and 18 per cent, respectively, says the World Wealth Report 2013, released by Capgemini and RBC Wealth Management on Wednesday. >> Read More
Germany’s ascendancy over Europe will prove short-lived
20 June 2013 - 5:42 amIf demography is destiny, it may be clear within five years that ageing Germany is going the way of Japan. Within 20 years it may equally be clear France and Britain are regaining their 19th century role as the two dominant powers of Europe, albeit a diminished prize.
The European Commission’s 2012 Ageing Report says Germany’s population will shrink from 82m to 66m over the next half century due to social structures that cause low fertility, while France jumps to 74m and Britain to 79m. This is out of date already since the German census revealed in May that the country has 1.5m fewer inhabitants than thought. They miscounted foreigners going home. The total is down to 80.2m.
The old age dependency ratio will jump from 31pc in 2010, to 36pc in 2020, with the workforce shrinking by 200,000 a year this decade. The ratio will climb to 41pc in 2025, 48pc in 2030, and 57pc in 2045. The UK and France will see a much gentler rise. >> Read More
