The same can be applied to trading.
When all you have is the “OPPORTUNITY” to trade, sometimes traders find themselves clicking into trades just to be involved with the markets.
Do you find yourself making acceptances for your trades that are not in your plan? What causes this? Is it a need for action? Is it a need to be right? Is it a fear of missed opportunity? One of the reasons many traders struggle – over trading or forcing the trade. (more…)
In my last update on 20th Feb’10,I had written it will face Hurdle at $ 1134-1141.50.It kissed $1131.50 & crashed upto $ 1088 level and there after taken U-turn.
Again Yesterday made high of $1137.60.
Now ,What to expect ?
Just watch $1141.50 level.Two consecutive close above this level will take to $1164-1171.50 level.
-Don’t panic at lower levels.
-I will update MCX levels to our Subscribers.
Updated at 6:34/3rd March/Baroda
-From High of 6336 ,Already completed 118 weeks
-From low of 2228 ,Already completed 76 weeks.
26th week is very crucial.
13th week is also turning point.
Yes ,On 26th Week :Nifty Future will complete 144 weeks from high of 6336
And on 13th week will complete 89 weeks from low of 2228 level.
My Ultimate target and Laxman Rekha is at 5566 level.
Last week NF created History by closing up for 9 consecutive weeks.
-So will it continue for another 4 weeks ?
-Next Fibonacci number is 13.
I will update more to our Subscribers.
Updated at 16:36/11th April/Baroda
This is one of the way to make- XMAS Tree
“Everybody is Involved from Company to Insiders “
Gift from BEDMUTHA to Small Investors & Watch Dog
We are in need of Comments from u !
The wealth process. Exploring your relationship with money and why you do or do not have enough to trade with. For example, most people believe that they win the money game by having the most toys and that they can have it all right now if their monthly payments are low enough. This means that they save zero dollars and are over their heads in debt. If this is you, it also means that you don’t have enough money to trade.
-From 5398 it crashed to 5162 in 8 sessions.
Yesterday it was mentioned 5167 as crucial support level and I expected U-turn from this level…but cracked by 5 points and reversal happened.
-Updated Intraday levels too and they are valid today for today’s session too.
Two Consecutive close below 5169 will take to 5032-4986 level.
-Don’t trade blindly ,Just read twice the mentioned levels.
Now ,What to expect for Today’s trading session ?
*5221——-5236 are Hurdles.
(Levels not to be changed everyday ,Like TV & Website Jokers are doing )
-Now if crosses 5236 level with volumes and stays above this level for 5-10 minutes then expect fire work upto 5280-5295 level.
Support at 5190,Break will create panic upto 5174 ,5158 level.
Hourly chart indicates from 12:30 to 14 hrs.Bulls will control the Market.
Use Commensense ,Above 5236….Don’t remain short.
If breaks 5167…Negative impact.
Above 5236…No worry for Bulls and policy will favour Teji wala.
I will update more during trading hrs to our Subscribers.
Updated at 8:19/20th April/Baroda
Above is the Qtly -Log chart.
After hitting high of $1.60 July 2008 it had crashed to $1.23 in Dec’08 & again rallied to $1.51 level.
Looking Scary :101%
Wave 3 -Downside started
1:1 indicates it will slide upto 1.1435
1.618 indicates will plunge to 0.914 level.(Long term)
My Box chart indicates Below 1.2132 level……..Last Hope exist at 1.1644
From ,What level Iam Bearish in EURO ….just search the blog and u will get the answer.
101% Panic to Continue….On Rise ,Sell Sell Sell.
Do u want to know Trend of Any Pair ,Just send me
Updated at 12:35/07th June/Baroda/India
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
