Posts Tagged ‘trading strategy’
Friday, March 5th, 2010
 You must stay in the present and focused on executing each trade to the best of your ability. Don’t let yourself think about how much you’re going to win (or lose) in the market or how great of a trader you are or not, but instead focus on what matters most – each and every trade you make. Do that and the results will take care of themselves.
 Do u all remember 5025 level or not ?
-My Target above 5025 was of 5144-5184.
(Yesterday written to sell it crashed upto 5050 level taken support at 3DEMA and closed at 5081 )
Today ,Just have a eye on 5110 level.It will have to cross this level with volumes then expect rally upto 5144 level.
Major Hurdle at 5184.
Rising Wedge indicates to have cautious approach.
Just we are getting closer everyday to High point level.
3DEMA :5061…First crucial support.Decisive break anytime will create panic selling.
7DEMA :4958…Far away (But anything is possible )
If not crosses 5110 then ?
If crosses 5110 then ?
Be cautious at Higher levels.Nothing else.
I will update more to our Subscribers during trading hrs.
Updated at 8:44/5th March/Baroda
Tags: Anirudh Sethi, Baroda, india, nifty future, trading strategy
Posted in ANALYSIS, Sensex / Nifty Future | 3 Comments »
Tuesday, March 2nd, 2010
The symbol of all relationships among such men, the moral symbol of respect for human beings, is the trader. We, who live by values, not by loot are traders, both in manner and spirit. A trader is a man who earns what he gets and does not give or take the undeserved. A trader does not ask to be paid for his failures, nor does he ask to be loved for his flaws. A trader does not squander his body as fodder, or his soul as alms. Just as he does not give his work except in trade for material values, so he does not give the values of his spirit—his love, his friendship, his esteem—except in payment and in trade for human virtue, in payment for his own selfish pleasure, which he receives from men he can respect. The mystic parasites who have, throughout the ages, reviled the trader and held him in contempt, while honoring the beggars and the looters, have known the secret motive of the sneers: a trader is the entity they dread—a man of justice.”
Refresh your memory and see I was writing and clearly mentioned :4798-4782 are crucial support.It kissed 4797 & was hovering around these levels for 4 sessions.
Market leader Reliance not broken our Support of 961…Yes it kissed that level.
On Budget day it was written it will have to break 4830 level then only problem for Bulls.
Major Hurdle was 4968.Just see after crossing it skyrocketed upto 5002 in minutes only.
At 13 hrs on Friday sent one Mssge to our Subscribers :
-Sell Nifty Future at 4990,stoploss 5025.(It crashed to 4930 in just hrs )
Sell Reliance at 995 ,stoploss 1000 ,Sell Refinery Stocks/Real Estate stocks/Reliance Capital ..When Nifty was at 4990 & What happend to these stocks…u all know.
Above 4968 level.It will zoom to kiss 5002-5021-5039 -5045 level in Intraday trade.
-Between 5000-5025,Sell short NF with stoploss of 5045.(Risk will be of Rs.15-20 points)
Two Consecutive close above 5025 will take to 5144-5184.
Now support for Traders/Swing Traders at 4884-4873.
Students of Technical Analysis just see on Friday it had broken Neckline of Inverse Head & Shoulder.
-Target :5045 very soon.
-Will tell u more tomorow about this formation…till then search the formation on Daily chart.
Updated at 6:48/2nd March/Baroda
Tags: 02nd March, alms, Anirudh Sethi, Baroda, beggars, contempt, dread, fodder, friendship, human beings, human virtue, india, loot, looters, love, material values, nifty future, parasites, pleasure, relationships, secret motive, spirit, trading strategy
Posted in ANALYSIS, Sensex / Nifty Future | 1 Comment »
Tuesday, February 23rd, 2010
If you could go back in time to the very first day you began trading, would you do anything different?What if you had the knowledge you had right now after months or years of trading experience. Would you make some changes?
By analyzing what we do and what results we are getting and then being open to changing our habits or actions, we will always have a better opportunity for enhancing our skills.
So, let’s go “Back to the Future” and look at what we might want to do if we decide to re-start our trading career.
Yesterday I had written to go short around 4920 keep a stop of 4928-4937.It kissed 4917 & crashed.
Indicated during Trading hrs to our Subscribers :Sell at opening bell and sell more below 4880 tgt 4850.
Now ,What to expect ?
-Below 4850 will kiss 4837-4820 in panic.
-Suppose breaks 4820 level with volumes then will see NF kissing 4797-4782 in panic.
-Hurdle at 4870.Crossover will take to 4887-4900.
 101% at Higher levels…Exit from all long position/Go short.
-Last Hope :4782.If breaks/closes below this level then nonstop slide upto 4761-4685.
-Don’t hold long in any Real Estate stocks/ADAG Stocks/Reliance.
I will update more to our Subscribers during trading hrs.
Updated at 8:30/23rd Feb/Baroda
Tags: 23rd Feb, Anirudh Sethi, Baroda, india, nifty future, trading strategy
Posted in ANALYSIS, Sensex / Nifty Future | No Comments »
Friday, February 19th, 2010
Each of us needs to set goals within our personal trading programs to become successful.
We all need to know exactly what those goals mean and how to best achieve them.
It will not happen overnight, however many people seem to start strong when they decide to be a trader but then quit when things do not happen fast enough for them. Or maybe they do not start very strong, but get serious when they get into their routine of executing trades and soon become discouraged and stop doing what was working. Or maybe they finish each session strong, but that was just to recover what was lost during the rest of the time when they were not focusing on their trading strategy.
To reach a level of continuing growth as a trader, each of us must have a plan in place and then ensure that we do everything possible to begin each day very strong in our preparation steps. We must then continue to make strong confident decisions while we trader even when the results are not what we expect.
Finally, we all need to have a target each day that determines when to finish our session and be strong enough to adhere to that plan. If we keep going, it generally leads to massive losses and frustration which then stays with you until you begin to trade again. This will cause a very sour perspective of trading when you attempt to start a new session. Start Strong. Trade Strong. Finish Strong!
Tags: confident decisions, frustration, massive losses, personal trading, perspective, preparation steps, target, trades, trading strategy
Posted in EDUCATION | 1 Comment »
Tuesday, February 16th, 2010
Being disciplined is of the utmost importance, but it’s not a sometimes thing, like claiming you quit a bad habit, such as smoking. If you claim to quit smoking but you sneak a cigarette every once in awhile, then you clearly have not quit smoking. If you trade with discipline nine out of ten trades, then you can’t claim to be a disciplined trader. It is the one undisciplined trade that will really hurt your overall performance for the day. Discipline must be practiced.
No Magic-No Miracle.
Yesterday I had written if Nifty Future is not able to cross 4849 level (Thursday High )then expect slide upto 4776-4759.Just see it kissed 4777 & taken U-turn in Intraday trade and and closed at 4796 level.
Remember :Two Consecutive close above 4827 will take to 4880-4898 level.
-Now suppose not crosses 4849 level and trades below 4793 with volumes then ?
-7DEMA :4770 is crucial support.
-Below this level ,I expect panic upto 4759-4748-4714-4703 level.
Hourly chart indicates :Huge volatile movement upto 10:30.(If Revives 101% EXIT )
-From 10:30 till Lunch time :13 hrs (Dip Dip Dip)
Hourly chart indicates from  Panic selling will start upto end session.
(Remember :-4770-4849 level )
Those to take long postion overnight (Pls dont do Today ).Tomorow unexpected move not ruled out.
Will update more shortly and for Trend Reversal/Intraday levels …Join us.
Updated at 8:31/16th Feb/Baroda
Tags: 16th Feb, Anirudh Sethi, bad habit, Baroda, cigarette, discipline, india, nifty future, trades, trading strategy, utmost importance
Posted in ANALYSIS, Sensex / Nifty Future | 4 Comments »
Thursday, February 11th, 2010
Successful traders know that discipline is what allows them to enter their trades when the odds are in their favor and, more importantly, to get out when they’re wrong.Being right is not the problem. What you do when you’re wrong is the crucial issue.
Power of Levels & Timings
NF Analysis Before Market:
a) Today have an eye on 4827 level. Decisive crossover above this level with volumes then ? – I expect nonstop rally upto 4880-4898 in hrs only. (Remember it should sustain above 4827 level)
b) 101% Bulls will loose control after 10-30 and then I see Intraday downside starting. Hrly chart indicates in last minutes something unexpected will happen
See what Happened:
NF touched a high of 4824 (+30), struggled a lot around this level but failed to reach 4827 and collapsed from there to 4740, a jaw-dropping fall of 84 points. And any one can check the hourly tick chart and the timing too was in tandem.
Dear Readers use your own diligence and tell could anyone engineer NF and that too at that level and during those timings?? Billions of Money is traded in it and it’s a market barometer. Absolutely unmanipulatable.
Today ,What to expect ?
Yesterday closed at 4751.
-Remember our level of 4676 is major support.And Above 4828 expect allround buying.(Simple Mathematics )
-Short Term Support :4736 if breaks then expect slide upto 4707-4697.
-Today will face Hurdle at 4766,Crossover will take to 4787-4803-4808 level.
Yesterday just left to fill the gap with margin of 25 paisa.
-Remember once crosses 4827 level with volumes and stays above this level for 5-10 minutes and Today is a weekly close.If able to close above 4827 then expect rally to continue upto 4880-4898 level.
Today watch for W formation pattern in Intraday trade.
-Will update more to our Subscribers about NF and Stocks.
Updated at 8:40/11th Feb/Baroda
Tags: Anirudh Sethi, Baroda, india, nifty future, trading strategy
Posted in ANALYSIS, Sensex / Nifty Future | No Comments »
Monday, February 8th, 2010
 When it comes to market timing, you’ve got to UNLEARN responses that you’ve spent your whole life learning. Market timing isn’t about you. It is just a strategy that works over time. In other fields, probability plays little if any role. You put in effort, make sure you meet the expectations of the people who pay you, and you’re a success. In the traditional workplace, it makes sense to put a little ego and pride into your work. Your effort and talent often have a direct payoff. But with market timing, the odds can go against you, no matter how much work you put in. The perfect trade can go wrong. That’s hard to accept for most people because it means that being a successful (profitable) market timer or trader, to some extent, is just a matter of the odds randomly working in your favor. But there is good logic behind this randomness. And a successful timing or trading strategy uses this logic to profit. A successful timing strategy will exit losses quickly. It will not stay with a bullish or bearish position to sooth the ego of the strategy’s designer. It will also stay with a successful trade and not exit quickly to lock in a profit. That may feel good for a day, but if the profitable trend lasts two, three, five times longer, you have lost out on a huge profit. Recognizing that odds are part of trading takes some of the glory out of it. But on the other hand, understanding odds helps you cope with inevitable drawdowns.
Tags: extent, lifetime, little ego, logic, losses, market timer, market timing, odds, PRIDE, probability, profitable market, profitable trend, randomness, trading strategy, traditional workplace, whole life
Posted in EDUCATION | No Comments »
Saturday, February 6th, 2010
Trade with an edge -Make sure that you have a trading strategy that will make money.
Manage risk-Don’t trade with so much leverage that you risk everything.
Be Consistent :Do this to reap the bebefits of your trading strategy.
Keep it simple-Don’t try to make trading more complicated than it actually is.
My Target for Nifty Future below 4869 was 4724-4676.
-Yesterday made low of 4687 rallied Intraday and closed at 4708 level.
Now ,What to expect ?
Break & Close below 4676 with volumes will take to 4531-4483 in panic.
Today/Monday these levels are valid :If not breaks 4676 & trades above 4703 then will zoom upto 4753-4769 level.
-Watch 4769 level very carefully.Above this level it will skyrocket upto 4819-4835 in hrs only.
Metal /ONGC /Reliance /Bank /Real Estate Stocks :Unexpected selling will continue in these stocks.
and Go short on every rally.
ONGC :Slide of Rs.50-60 on card.
Reliance :May retest 900 level very soon.
Bank Nifty :What u had seen is trailor only.Watch Full movie in next 20 days.
Will update more about Nifty/Stocks to our Subscribers
Updated at 10:32/6th Feb/Baroda
Tags: 6th Feb, Anirudh Sethi, Baroda, india, leverage, money, nifty future, risk, trading strategy
Posted in ANALYSIS, Sensex / Nifty Future | 1 Comment »
Thursday, February 4th, 2010
As human beings emotions pay a key role in our existence, for a trader emotions can be a source of great pain. Trading psychology and the management of your emotions in a trade play a key role in overall success. Fear and greed can cut your winners short and let your losers run. Dealing with emotions follows on from your plan; the more robust your plan the less likely you are to fall into the emotional mine field.
From last 4 days ,I was writing :Corrective upmove will start and may last for 3 days.
-As expected above 4791 ,My target for Nifty Future was :4891-4924 level.
-Day before yesterday kissed 4940 & crashed.Yesterday again made high of 4950 & selling started..
-Already 20 days gone from high of 5303.
-Yesterday ,I had updated Intraday forecast and view for Nifty Future around 13:15 hrs.It was written will show strength above 4950 level only.If not crosses this level expect slide upto 4905-4878-4869.
Now ,What to expect ?
-It will show strength above 4950 level only.
-Crossover will take to fill Gap at 4976.
-Maximum in this rally can zoom upto 5024-5057.(If remains above 5024 )
Today ,If not crosses 4950 level & trades below 4938.
-Will see slide upto 4890.Once breaks 4890 with volumes…Thirsty Traders can see panic selling upto 4854-4842 level too.
My Hourly chart indicates ,Bull Bear Fight may continue upto 12 ‘o clock.
-But after 12 till end session will see unexpected move.
-Slowly and steadly…Bears will kill this mkt.
-Time will not give u money.Concentrate on levels.
Will try to update Nifty Future around 13 hrs.
Till then trade carefully.
Updated at 8:24/4th Feb/Baroda
Tags: 4th Feb, Anirudh Sethi, Baroda, india, nifty future, trading strategy
Posted in ANALYSIS, Sensex / Nifty Future | 2 Comments »
Tuesday, February 2nd, 2010
Traders should equate the general market to that of a big river with individuals stocks as floating logs. If ones objective was to ride in the general direction of the current, they would not stand on the bank looking for a log that was bucking that trend? Furthermore, even if they found one that temporarily headed in the wrong direction, more than likely it would only be a matter of time before the log reversed course and also headed in the way of all the other logs.
 Yesterday as expected it rallied and halted at our written resistance level of 4924 level.
On Friday I had updated (Intraday )after RBI policy that if not breaks 4758 and trades above 4812 will take to 4900-4924 level.(This is the way to mint money from trading )
Now ,What to expect from this level of 4899 ?
-Today is 19th Day from High of 5303.
-From low of 4758 -Today is 3rd day.
-Above 4924 if trades with volumes for 5-10 minutes will take to 4953-7DEMA
-Will Try to fill gap @ 4976 level.
Now if both upper levels are achieved and rally continues then ??
-Yes ,Ultimate target 5024-5057.
-Around 4953-4976,First Book Profit.
-101% will update more to our Subscribers during trading hrs.
-Now ,Think Suppose kisses 4953 and start falling then ?
-Suppose fills gap of 4976 & selling starts then ?
More Updates for our Subscribers
Updated at 7:53/2nd Feb/Baroda
Tags: 2nd feb, Baroda, book profit, gap, intraday, kisses, logs, matter of time, mint money, objective, rally, resistance level, stocks, subscribers, target, trades, trading strategy, wrong direction
Posted in ANALYSIS, Sensex / Nifty Future | 2 Comments »
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