As a trend develops, the reactions, or pullbacks, tend to become smaller. Traders looking to enter the trend wait for reactions to place their orders; as the move becomes more obvious, these reactions will get smaller and the increments of trend movement will become larger. When the reaction suddenly is larger, the move is ending; the change in the character of the move signals a prudent exit, even if prices continue erratically in the direction of the trend.
Archives of “Anirudh Sethi” tag
rssThought For A Day
Power of Chart -Nothing else !
On Friday it was mentioned to Buy RELIANCE above 1047.25 only with target of 1069-1076.
There after 1098-1105 is possible.
*While Updating trading at 1078 level.Today above 1048,Bought by our Subscribers and sold !!
BANK NIFTY : Today morning ,I had written above 9441 will zoom to kiss 9565-9606 level.Yes bought by our Subscribers and sold 70% holding.
Updated :Above 9606 may flare upto 9730-9771 level.
NIFTY FUTURE : Today above 5133 it was written it will kiss 5162-5185 level.(Yes ,It opening was at 5080 & once crossed 5133…sent mssge to buy and now sold 75% in NF too)
-Updated :Above 5185 will zoom to kiss 5216-5226 level.
And Just price of POLARIS
Today morning recommended to buy M&M..Now world is buying up 5%
MARUTI :Still looking fiery.
Just think it over :If u had bought 1-2 lot of Reliance above 1047,1 -2-5 lot of NF above 5133 and 1-2-5 lot of Bank NF above 9444 level…….Then u all might be singing same song…what my Subscriber sings everyday.
Keep Smiling & God Bless u all.
Techically Yours
Anirudh Sethi/Baroda
Updated at 13:48/10th May/BARODA
Marvel or Mistake :Burj Dubai
Disciplined Trading
Bulls and Bears -Dances on our Tunes
– Trading is all about making decisions.
– Making good decisions comes with experience.
– Experience comes from making bad decisions.
Refresh Your Memory :
On 12th Janaury ,I had written to buy Fertilizer Stocks (Nag.Fert was boldly recommended to buy @ 36.
Chambal Fert/FACT /MADRAS FERT/NFL :All stocks on fire in last 6 days.
Apart from Fertilizer stocks ,We recommended PSU stocks to our Subscribers i.e Andrew Yule @ 62 on 7th Jan ,Yesterday it was 79.And many other stocks ,All blasted in last 10 sessions.
On 12th Jan recommended to Sell Sugar Stocks
I don’t want to write anything…just check price level of Sugar stocks on 12th and of Yesterday……and think is it power of chart or Magic ?
Apart from all these recommendations ,you all might have seen Nifty Future was not able to cross 5280-5313 level and Yesterday crashed.Writing since last 1 week avoid long in Sensex Stocks.Every 2nd stock is looking weak and tired.
Just read shortly about Messages I had sent Yesterday to our Subscribers.
Updated at 7:51/20th Jan/Baroda
11 Rules for Better Trading
Trading in the markets is a process, and there is always room for self improvement. So as we start the new year, here are my 11 rules that help me navigate the markets. By no means is this list exhaustive or exclusive.
Rule #1 Be data centric in your approach : Take the time and make the effort to understand what works and what doesn’t. Trading decisions should be objective and based upon the data.
Rule #2 Be disciplined : The data should guide you in your decisions. This is the only way to navigate a potentially hostile and fearful environment. (more…)