ALL CYLINDERS OF THE ENGINE MUST BE RUNNING EFFICIENTLY. “Day-trading is a job, and your paycheck is determined by your ability. You can only maximize your ability if you have all the information you need to make trading decisions. “If a piece of equipment that one uses for trading is not working, stop trading.

World was Running for Voltas ,Crompton (on 6th May ,see what we had written ).Siemens ,Larsen…….!!!!!

Have u seen Blast in Adani Port ??Tons of Money Minted in Last 3 sessions.

Idiots ,Fools ,Jokers ,Critics ,Lazy Traders will never earn.Just see …What happened to Mcdowell ???

We Love REC ,PFC ,PTC ,Power Grid ,CESC ,Adani Power-Short Term ..Blast on card.

Bata ,Century ,Dish Tv ,T.Chemicals ,Adani Power ,Adani Ent,Mcdowell

Today ,Above 67.90 level if trades for 5-10 minutes…………………..Grab it in TONS !!

We see RALLY & Blast upto 71.25 level in hrs only.

Major Hurdle at 72.If able to cross and close above this level ,Mark our Words ,Stock will kiss 76–77 level (Before results are out ? )

Stock May Not Break 65 level………………….But will zoom to kiss 77+ ????

(Watch Management on Tv …Very soon )

Above 2402 ,Our Short Term Target intact of 2492—————–2582 level !!

Our Long Term Target Rs.3100 (No if and but )

Today ,Above 2430……………Last Hurdle @ 2439.Once crosses 2439 with volumes ,We see Nonstop Rally upto 2468—2477.50 & there after 2506 level.

Will Update More to our Subscribers.

Above 234.50 level ,No worry for Bulls.We see BLAST upto 247—-250 level in hrs only.

LAXMAN REKHA @ 250.CROSSOVER  & Close above this level for 2 Consecutive days will take to 270-277 level !!

(Hold and Forget )

Consider 46———45 as Major Support level and Buy this stock and Hold for next 1 month !!

SHORT Term Target :54–56 ——62 level (in hrs only we can see ??? )

Big NEWS on card (By Month end )

Above 818………………….Grab it and See stock kissing 830 level in hrs only.

Now ,Two Consecutive close above 830 will take to 883———-899 level very soon.

(Big News in Bata ,Century on card….Jameen ka mamla hai )

-More Stocks ,More News ,Intraday levels to our Subscribers.

Updated at 8:50/20th May/Baroda

1. It’s important to have a woman who helps at home, cooks, cleans & has a job.

2. It’s important to have a woman who can make you laugh.

3. It’s important to have a woman who you can trust & doesn’t lie.

4. It’s important to have a woman who is good in bed & likes being with you.

5. It’s very, very important that these four women don’t know each other

The most important thing you must learn in every market cycle  is where the money is flowing. It is flowing into the companies where the earnings are growing. As long as mutual funds have capital in flows instead of net out flows then they must put new money to work investing in stocks. If you want to make your job as a trader much easier then find where the flow is going. Mutual fund managers can not go to an all cash position they can only move money around. A bear market sinks most stocks because managers have to sell everything to raise money to redeem shares. In an uptrend they have to buy stocks with the incoming money flows. Where does this money go? It goes into the sectors and stocks that are in favor due to increased earnings in a sector and individual stocks that are dominating their sector and changing the world in the process. You want the leaders not the has been. You want the best the market has to offer. Where are consumers dollars flowing into? That is where the money is going. What companies have the best growth prospects? The stock can only grow in price if the underlying company does. Mutual fund managers are the biggest customers in the market when they start buying a stock that increases huge demand and price support.

Your job is to follow the big money, shorting in bear markets, going long in bull markets. Following the trend of what is in favor. Do not fight the action, flow with it.

Quit having opinions and start being a detective looking for the smart money, the fast money, the big money and where it is going now.

Upcoming data for release today:

• 0030GMT Australia TD Securities/Melbourne Institute Inflation Gauge. Prior 0.2% m/m and 2.1% y/y
• 0130GMT Australia retail sales for March. Prior was 1.3%, expected is 0.1% (seasonally adjusted m/m figures). The retail sales figures are going to be the most important of the Australian data releases today. Any result above expectations is going to cause the market to rethink the prospects for an RBA rate cut tomorrow.
• Also at 0130GMT is Australian ANZ Job Advertisements for April. Prior was -1.5 %
• At 0145GMT out of China we get the  HSBC Services PMI. Prior was 54.3

So much Japanese data this morning! And … not all of it was awful!!!

Better than expected in green, worse than expected in red – make it a little easier to read:

April Markit/JMMA Manufacturing PMI 51.1 (vs. 50.4 prior)
March household spending +5.2% y/y (vs. +1.6% expected)
March unemployment rate 4.1% (vs. 4.2% expected)
March Job -to-applicant ratio 0.86 (vs. 0.86 expected)
March preliminary industrial production +0.2% m/m (vs. +0.4% expected)
March preliminary industrial production -7.3% y/y (vs. -7.2% expected)
Retail sales for March -0.3% y/y (vs. +0.4% expected)
Retail sales for March -1.4% m/m (vs. -0.8% expected)

So, a mixed bad. But, again, it wasn’t all bad – which is not what we’ve come to expect from Japan; is Abenomics having a positive impact – the ‘green shoots’ are appearing (cue derision  )?

-On the USD/JPY, its been a little bid this morning on month end flows, with Japanese importers looking to buy USD. After the fix it should come under pressure again.

Power Shift: First in a series on the rise of the central bankers and the global imposition of cheap credit

Quietly, without much public fuss or discussion, a new ruling class has risen in the richer nations.

These men and women are unelected and tend to shun the publicity hogged by the politicians with whom they co-exist.

They are the world’s central bankers. Every six weeks or so, they gather in Basel, Switzerland, for secret discussions and, to an extent at least, they act in concert.

The decisions that emerge from those meetings affect the entire world. And yet the broad public has a dim understanding, if any, of the job they do.

In fact, these individuals now wield at least as much influence over the lives of ordinary citizens as prime ministers and presidents.

Read more… @ CBC

 The Gambler - This is the ‘I’m-giving-up-my-job-to-become-a-trader-because-I-don’t-like-working-9-to-5′ idiot. Observe that this bottom-dwelling resident of the phylogenetic scale is not giving up his job because he’s had success at trading. He’s also not giving up his career because he so loves trading that he researches it day or night and has found a winning edge. No, The Gambler doesn’t do anything beyond 9-to-12, because what he’s after are easy riches, not effort and earned success. He hears that others have been successful (usually from Idiot #3), and he figures, ‘That means I can do it too’. Invariably, the Gambler is attracted to daytrading. Why? It gives him a sense of action, and it justifies his decision to abandon all efforts at productive work. Besides, you can’t really explain to your wife and kids why you’re not out there with working humanity supporting your household when you’re sitting around doing nothing, holding positions for weeks at a time. So the Gambler actively trades in and out of markets, pretends like he’s got a job, and every so often berates his spouse when she wonders when the family will be able to pay its bills. My take on Gamblers? They’re not interested in trading; they’re interested in their fantasy. So interested that they’ll take their bank accounts and families down with them.

Last Close :5921

Remember that 142 points Triangle ?Break out point was at  5628+142 =5770 level ??

Then Again Boldly written and Mentioned many times in last 1 week…..Above 5766 level it will zoom to kiss 5861-5893 level !!

Keep A stop of 5929-5949 ,Go short !!What happened u all know !

But Real Jackpot was 5900 Put ,We Recommended to Buy @ 10 and it zoomed to 40 in hrs only.

101% One thing is sure :Above  5893 level…………..Doors for 5990—6020 are Opened !!!

Last Close :5921

Today ,Just watch :5898 level ,If Breaks with volumes and trades for 15 minutes then watch slide upto 5860 & there after  …REAL PANIC will start.

Nonstop PANIC upto 5819—-5793 not ruled out.

-Today’s Hurdle at 5948————–5967 level.

Yes ,Crossover and close above 6000 for 3 Consecutive Days will take NF to 6120—-6160 level.

(Till it Trades above 5796 level ,Bull’s will have Upperhand )

101% Will Update More to our Subscribers ,But Today Not interested to trade in Mkt 

Updated at 9:45/26th April/Baroda

Price — The Truth, The Light, The Way

• Work to understand price
• Price does not move in a straight line
• Big moves take time
• Volatility is your friend and helps to compress time
• Although volatility is your pal, it can cut both ways
• If a stock moves 30% a day, then you can’t trade with a 5% stop
• Don’t expect a volatile stock to stop behaving as it has been and only move in your favor just because you’re now in it. Unless you’re Bill Clinton, what is, IS.

Random Thoughts:

• Observe but be slow to shift gears — we are trend followers, not predictors
• It’s the market’s “job” to shake you out
  • The market will do what it has to do to create the most pain (for the most people)
  • The market will often do the obvious in the most un-obvious manner
• Err on the side of the longer-term trend
  • DO wait for entries
  • DO use protective stops
  • DO trail and scale as offered

Going Pro, means leaving the amateur life behind. It means showing up on time and doing the work. No excuses. No calling in sick. No blue flu.

In fact, Pressfield has a list of 20 things that a professional life entails. Here they are…

1. The professional shows up every day
2. The professional stays on the job all day
3. The professional is committed over the long haul
4. For the professional, the stakes are high and real
5. The professional is patient
6. The professional seeks order
7. The professional demystifies
8. The professional acts in the face of fear
9. The professional accepts no excuses
10. The professional plays it as it lays
11. The professional is prepared
12. The professional does not show off
13. The professional dedicates himself to mastering technique
14. The professional does not hesitate to ask for help
15. The professional does not take failure or success personally
16. The professional does not identify with his or her instrument
17. The professional endures adversity
18. The professional self-validates
19. The professional reinvents herself
20. The professional is recognized by other professionals >> Read More

The day a trader gives up their personal opinions and begins to ask themselves “What is the chart saying?” is the day they break through to a new level. Our job as traders is not to predict it is to figure out what the chart is saying through price action. Charts can show currently if capital is flowing in or out of the market you are trading. Clues are given at resistance levels, support levels, moving averages, some trend lines, and volume. A chart is a fact while our opinion is just that, and everyone has one. The markets are hard to trade for the majority because they are counter intuitive. Bull markets end when sentiment is the most bullish and the market runs out of buyers at higher prices, bear markets bottom when everyone has already sold out and no one wants to sell at the low price. Monster stocks implode when they are over owned by institutions and their fundamentals are close to a peak. Trends continue in the same direction until some force acts upon it to stop it or reverse it. My biggest money is always made when I shut out my opinions and follow the chart. My losses are when I fight a trend and start believing “It just can’t go lower” or “It just can’t go higher” trust me, YES IT CAN! Trade the chart, not your opinions, that is what the vast majority of all the top rich traders do.

Above is Daily Chart of Nifty Future-Last Close : 5594.80

Minor Hurdle at 5622——————–5631 level for Traders.

Crossover and close above this level with volumes will take to 5699—————–5717 level !!

-GAP @ 5666 has to be filled ,Will it fall and Fall or will rally to kiss 5700 level ??

Today’s Support levels :5584———-5575.Break below 5575 will take to 5550—5542 !!

Daily Chart Indicators favouring Bulls for time being ,But Weekly & Monthly chart…………101% Bearish !!

Maximum upmove upto 5700 -Neckline Retest can happen.But over all picture looking very very scary !!

Will Update more to our Subscribers ,Updated at 7:47/12th April/Baroda/India