“Compounding is the royal road to riches. Compounding is the safe road, the sure road, and fortunately, anybody can do it. To compound successfully you need the following: perseverance in order to keep you firmly on the savings path. You need intelligence in order to understand what you are doing and why. And you need knowledge of the mathematics tables in order to comprehend the amazing rewards that will come to you if you faithfully follow the compounding road. And, of course, you need time, time to allow the power of compounding to work for you. Remember, compounding only works through time.” Richard Russell
“People can’t be trading with scared money and must accept the fact that they probably won’t make a living from their trading the first few years. They need to be able to finance their trading for several years, not just for the first few trades. If one starts trading with a sum of $25,000 to $50,000 and is conservative, one has a chance of succeeding, maybe not right away but in due time.” Marcel Link
“Within the system of margin, you should be familiar with two terms: initial margin and maintenance margin. Initial margin is the amount of money you must have in your account to establish a futures position. If the market moves against your position and the amount in your account drops below the maintenance margin, you will get a margin call and must replenish your account to the initial margin level immediately to maintain your position.” John Person
Last Close :6549.70
Above is DAILY Chart of Nifty Future
On Last Tuesday ,We had written :
above 6292 level our Targets were :6369-6395
On Friday ,We had written :
Above 6383 level……………………..Rally upto 6480 ,6513 is possible in short run
Do U know it zoomed to kiss 6562.95 level ?
Ascending Triangle Breakout in Weekly CHART at 6225 level.
Height of Triangle : 497 points
6225+ 497 =6722 level on card ??
Traders Don’t read between the lines and say……..We are Bearish from last 3-4-5 days (Trade with levels )
Today ,Not crossing High of Friday……………….( 6562 ) and trades below 6542 level with volumes and sustains for 20 minutes then ?
Slide upto 6479————–6458 is possible in panic.
3DEMA @ 6462
7DEME at 6370
Hurdle at 6595-6611 level. ( 101% be cautious at Higher level )
Indicating………………Be Cautious at these levels and Don’t Jump and Buy !
Above 3 Factors……………………….Had Created Rally in Market !
In Last 5 sessions more then 5000 Crore Invested by Fii’s in Market.
Major Factor :Created Firework in Market.
As of March 7, there were 1,721 registered FIIs in the country and 6,306 sub-accounts +Indian Corporate House + Mutual Funds +Media playing in Market ……!!
12th Week will see UNEXPECTED level……………!!
(Every Week just reduce number )
No Correlation with ELECTION Result………This is our TIME Theory Indicating.
Three Consecutive close above 6593+Weekly close if happens………Our Target of 7363-7620 is intact !
101% More Details ,Intraday levels to our Subscribers.
Updated at 7:42/10th March/Baroda/India