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Target achieved in 3 sessions

Keep winners as long as they are moving your way. Let the market take you out on a trailed stop.

Dear Traders /Readers on 12th March recommended to buy RELIANCE -Educomp.

-In just 3 sessions both stocks are near their targets.

-Same day written :Only Reliance is looking hot and fiery.And about Educomp my ultimate target is 800+

YES BANK :Recomemnded Boldly to sell at 248- again yesterday at 258 level to our Subscribers….Now stock is bleeding.

Again at this moment ,Iam writing just concentrate on 5184 for Nifty Future.If able to close above this level for 2 consecutive sessions then only will show strength.

-Doors on downside will open and it will be a unexpected move….I expect this move to start from Thursday.

Today ,I recomemnded to Buy REI SIXTEN @ 88 level.Yes Technically Worst is over.Why people running for Pantaloon ?Just search something for this company.Atleast spurt upto 110-120+ not ruled out.

Updated at 12:40/16th March/Baroda

SGX Nifty :4974 and 5031 are Deciders

On Friday closed at 5037

 

Above 5031 level…..Bull’s will have upperhand.Two Consecutive close above this level will take to 5117-5145 level.

-Suppose not crosses High of 5064 & remains below 5046 will take to 4992-4974 level.

-Thirsty Indian Traders ,Just watch 4992-4974 level very closely.


If breaks and closes below 4974 ,then I see panic upto 4920-4902 level.

 -So watch :4974 & 5031 level very carefully.

Updated at 21:24/30th May/Baroda

US Housing Market Was Artificially Inflated By 14% In 2007-2010 NAR Reports

Just the headlines for now:

  • EXISTING U.S. HOME SALES REVISED DOWN BY 14% FROM 2007-2010
  • EXISTING HOME SALES REVISED DOWN BY 15% IN 2010 TO 4.19 MLN

Thank you NAR for proving what everyone knew: that the US housing market is one big lie. And next: here come the historical GDP revisions.

Glossary of Trading Terms and Phrases

dopeycowboyterms

Better Lucky than Smart – The only thing we have going for us.

Buyer Outside  – Something sales traders say to force your hand when they get tired of watching you play stock market.

Clean up – If you believe that I have a bridge to show you.

CSA – Clusterf**k Service Alternative:  When it’s easier for you client to just write a check rather than trade with your team of farm animals.

DFIU – The latest IM catch phrase meaning “Don’t F**k It Up”.

Discount Bid – Chinese trading fire drill.  There’s a 1 in 10,000 chance you actually get a trade on at the price but it’s a good exercise for going through the motions and a great way to kill a few minutes and piss some people off.

Down a Touch – This thing just came off like a f**king prom dress. (more…)

Emmbi Polyarns :Lootere

Desh DrohiEmmbi Polyarns

Yesterday this stock was Listed.

Issue price Rs.45

Total 95,74,000 equity shares

(Ninty Five lac seventy four thousand shares only)

Yesterday volume :

NSE :61,482,680

BSE :57,173,032

vOLUME

Just see Total volumes :

-11 crore 86 lac 55 thousand 712 shares.

-Offer price Rs.45

-Stock crashed to 26.65

-Down by 36 %

I just want to know who is having time in India to trade so much qty ?

Who will take responsibility of this stock crash ?

-Either 26 is wrong or 45 was wrong ?

-More then 10 time volume of total equity.(It happens only in India )

A Million Dollar question :Now What to do ?Who will take step to check volume was done or created or something else ??

Keep Thinking.

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