Seeing oneself in tune with the market and apart of the ebb and flow. Great athletes constantly visualize themselves performing at their peak. In trading, which is purely a mental game, is just as incumbent upon us to do this as well and even more often.
Trading is not a pastime activity. It has to be treated seriouly , and professionally. We have to do the best job ,possible leaving no regrets at the end of the day.
Already it had closed below 4774 level for two consecutive days.Now Today it closes below this level then Nifty Future will slide to kiss 4547-4495 in this fall.
Below 4702 level it will favour Thirsty Bears.Nonstop slide upto 4648 -4632.
Now once breaks 4632 with volumes it will kiss 4583-4567 in hrs only.
-Intraday sharp upmove not ruled out.
-Any Rally ,Any Revival best opportunity to exit only.
-Use your commensense from last 9 days its falling ,Today is 10th day and in daily chart showing its in highly oversold zone…so small Dead cat bounce can come …but will sell only.
-Remember :3DEMA :4760 is first hurdle.Laxman Rekha at 4850 i.e 7DEMA
Stocks ,Looking Great for Bulls :TATA Motors ,M&M ,ICICI -Small spike up on card,United Spirits …Manipulative stock ..but u can take chance.
Sell if Revives :ADAG Stocks ,ABAN ,SUGAR STOCKS ,IT Stocks
A really important hurdle to becoming a complete trader is learning to identify and accept your own limits. There are limits to how frequently you should trade, how much money you should place at risk, how many different stocks or commodities you should invest in, how many technical indicators you should use, and so on
As expected stock crashed and our down target was fo 318.It kissed 324 & taken U-turn ?
Above 334 ,will kiss 340-342-348-350 in this rally.
-Just a momentum play ,Nothing great on chart.
Once breaks and closes below 318 will create another round of panic upto 271-250 level.
Yes ,we expected vertical fall in this stock and it happened.
Two consecutive close below 232 will take to 189-175 level very soon.
Last week after hitting a low of 225 it zoomed upto 240 in 3 sessions.
-Now maximum in this (manipulative rally )it can zoom upto 249-255 level…Nothing else.
-101% Exit at higher levels.
Always Remember :If you believe it likely to have a difinite bullish or beariish effect marketwise, do not back your judgement” UNTIL THE ACTION OF THE MARKET ITSELF CONFIRMS YOUR OPINION”
The theorem now is to assume your position is wrong until the market proves what you positioned is correct. Keep your losses quick and small. Don’t ever let the market tell you you’re wrong. Always let the market tell you when your position is correct.
Refresh your memory and see on 5th OCT ,What I had written …Click here and see Magic
Now Today have a eye on 1536 level.Decisive crossover with volumes will create unexpected buying and stock will zoom to kiss 1552 in minutes.
-Once crosses 1552 level then stock will be in TOP GEAR ….Unexpected short covering not ruled out above 1552 level.
Dear Readers and Traders just click here and see what I had written on 23rd August’09 abour Natural Gas.
-Boldly written will face hurdle at 169-172.(It kissed 165 & crashed )
-Lower tgts were :154-146 & two close below 146…I had written will kiss 131 in hrs only.
(MCX Traders can see it went upto 118.60level in yesterday’s trade and closed at 129 )
Now …What to expect from this level of Rs.129 ?
Just have a eye on Rs.134 level.Decisive crossover with volumes and close above this level will take to 143-146——& there after nonstop rally upto 155 level in hrs only.
Have we seen the Bottom Yesterday ?
-Will it break 118 again ?
-After this jump ,will it crack to kiss Rs.95 level ????
101% will update everything to our Subscribers ,Pls don’t trade blindly for God Sake.
Always remeber :The price of excellence is discipline. The cost of mediocrity is disappointment.
Dear Readers and Traders have u seen ..What I had written in Morning ?Nifty Future not breaking yesterday’s low of 4388 and above 4509 will take to 4473-4494 level.
-Just see it zooomed upto 4515 & now while updating at 14:30 NOW trading at 4485 level.
What to expect from this level for last 60 minutes ??
Break below 4475 with volumes will take to 4451–4443 & there after expect slide upto 4419-4418 level.
-Suppose crosses and closes above 4494 level….then expect Nifty Future to kiss 4558-4579 (Today or in Tomorrow’s trading session )
-Rally from low of 4388 is just Dead Cat Bounce only.
-Every 2nd person will get trapped at higher level.
-Watch unexpected freefall/panic either Tomorow or Thur is 101% sure.It will crack heavily.
-Our Nifty Future target intact 4318-4267 level very soon.
Rally from low of 4388 is just Dead Cat Bounce only.
