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 “india” tag
rssChange Of Market Character
Thought 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
Traits of a Successful Trader
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