Anirudh Sethi Report

Any Rise should be considered as DEAD CAT BOUNCE only.

*Already Broken neckline of H&S ,It may spurt to kiss that line around 4180-4200 level….But our Mantra is Sell Sell sell only.

Today 3DEMA is at 4111 level ,So first it will have to cross this level with volumes and if crosses then watch Hurdle at 4145–4173 level.

Support exist at 4048 ,Break will take to 4033-4028 level.

Already writing from last 3 days :Two consecutive close or weekly close below 4023 will create Bloodbath in Market.

Updation Time :7:20 PM IST

PEPSICO INC (NYSE: PEP)

PepsiCo Inc. and its largest bottler, Pepsi Bottling Group Inc., plan to spend $1 billion in Russia over the next three years, extending an investment in a key international market as the economy crimps growth in the U.S.

PepsiCo Chairman and Chief Executive Indra Nooyi announced the investment on a visit to Russia, which coincides with her attendance at a business summit called by U.S. President Barack Obama and Russian President Dmitry Medvedev.

Above is the Weekly chart and we are Highly Bullish on this stock.

Already broken triangle and it looks very soon will kiss $ 62-63 level.Any Panic….Buy this stock.

Two consecutive close above $61 or weekly close will take stock to $ 66-68 level.

Yes ,Just look at Head & Shoulder formation on chart.Height of Head is 53 points.

Break and close below 885 for two consecutive days will create panic and then watch freefall in S&P 500 Index.

Just look above chart and see Head & Shoulder formation.Height of Head is 490 points.Look at RSI favouring Bears only.Two consecutive close below 8260 level will create all round panic and will see DOW crashing upto 7770 level.

Weekly Chart indicates :Close below 8126 level….then watch nonstop slide upto 7674–7524 level.Watch these levels very soon.

For more details join us as our Member.

Yesterday we had mentioned that crucial support was at 4265.It kissed low of 4276 and taken sharp reversal.

Today :What to expect ?

Hurdles are same :4357-4396-4409 level.

Support :If breaks 4334 will take to 4301-4275–4267 level.

LAXMAN REKHA for NIFTY FUTURE :4463.If crosses /closes above this level then will see 4566-4600 level.

There is one big difference between traders, who make money and traders who don’t. It is called risk management. Even if you blindly pick your stocks, in the long-term you will make money as long as you cut your losses short. Add to risk management a proper equity selection model and then you are in top 5% in the world. The 5% that actually make money, consistently. This is the biggest secret of successful traders – cutting losses short. It saves capital and it saves your piece of mind.

If you browse on the internet, you will find thousands of articles that preach that losses should be cut short. It is well known fact and yet you’ll be surprised how few people actually utilize it, even those who write about it. Words are free. You can say whatever you want. Many people don’t practice what they preach and this is why the biggest edge someone could have is called discipline.

There are two types of traders: the ones that cut losses short and the ones that lose everything and go out of business. If you can’t define your risk in advance and most importantly if you can’t accept it, you should not be trading at all. Reading about cutting losses short will never be enough. It is human to believe that you are different and that you know better and that it will never happen to you. You have to experience it to realize it. It is part of the learning curve. I knew about this rule long before I committed serious money to trading and yet I didn’t practice it until I had my portion of outsized losses. Today, the thought of how and where I’ll exit a trade, is the most important.

I know that there are many people who preach that they don’t use stop losses and yet they are successful. Well, if they are successful doing that, then they are not really traders. They are investors and they limit their risk by hedging, which is a whole new chapter.

I don’t want to get into the prediction game or even be the first one to say, “I told you so”, but I believe the Dollar Index (symbol: $DXY) has a very high likelihood of embarking on a major down swing in the coming weeks.

After hitting high of  89.71 in month of  March ‘09.It also formed Double TOP !!(Previous high of 89 was formed in November’08 ).

Ready to break low of  78.37….Last hope exist at 78.09.Decisive close below this level will create panic.

Our Target in coming weeks :75-74.Big panic on the way !!

Above is Weekly Chart.

Break and close below 21787 for Three consecutive days then watch Bloodbath in SILVER.

It will slide upto 20900–20604 level in Panic.

So Traders just watch 21787 and decide your startegy !!

More Details  to our Subscribers.

Last close Rs.861

Stoploss Rs.880 & On Rise sell sell sell.

Just watch H&S formation on chart.Huge Panic not ruled out.Once breaks and trades below Rs.854 with volumes will take to 810 level.

Just exit from all long position.

Last close :4338

Yesterday we thought below 4283 it will slide upto 4228-4210.But it kissed low of 4240 & taken sharp U -turn upto 4366…our Hurdle for day was 4366……Only chart will work and will show power…Nothing else.

Now ,what to expect in Today session ??

Above 4357 if trades with volumes will take Nifty Future upto 4396–4409 level.

(Falling  & Rising Trend line intersection points are at 4424 & 4448)

Remember Laxman Rekha still at 4463.

Support 4304-4296—–then watch panic upto 4265.