Back with a Bang

"Trades based on plain Bar charts and Candlestick charts are more profitable than trades done using complicated trading softwares."

Nothing much to boast off

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Today NR7 pattern has formed in nifty future. Tomorrow cross above 5063 it will shoot up like a rocket and break below 5034 it will collapse.

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"Some of our best trades are when we are sitting on our hands doing nothing."

Time for Celebration

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"If a person will spend one hour a day on the same subject for five years, that person will be an expert on that subject"

Good opening for the week

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"Forget the news. Remember the charts"

Rocking profits as usual

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"Achieving your financial goals has practically nothing to do with luck, in stock market."

Flat market

"The art of speculation requires one part observation tossed together with one rather large dose of preservation"

Out of the Trap!

"A vague plan leads to vague results"

"Nothing happens until it happens. Stop predicting the future"

Trapped!

"My future is created today, not tomorrow"

Profit pouring

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 "The market has spoken: Were you listening? That should be a mantra for every trader or investor."

Nifty-The Minting Machine

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"Because it's where the money is."

Good Start to 2012

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"I study winning traders, not winning systems."

Only gain, Come Rain or shine

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"Don't let your learning lead to knowledge. Let your learning lead to action."

Santa gift

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"You'll be more profitable if you don't know what comes next"

Merry Christmas

Good profits even in dull market!

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"The vast majority of the profits come from small profits in huge positions ."

Unstoppable Profits

1. Buy Signal @ 4686. Didn't move up at all . (-17 points)
2. Sell Signal @  4669. Fell down to 4640. (+29 points)
3. Buy Signal @ 4671. Went up to 4758. (+87 points)


Total : +99 points 


"If the market is not confirming your opinion, lose your opinion and listen to the market."

Making Profit has become a habit

1. Buy Signal @ 4641. Went up to 4660. (+19 points)
2. Sell Signal @  4637. Fell down to 4618. (+19 points)
3. Buy Signal @ 4641. Went up to 4725. (+84 points)


Total : +122 points 


"When you have a position, you put it on for a reason, and you've to keep it until the reason no longer exists"      - Richard Dennis




 

1. Sell Signal @  4616. Fell down to 4587. (+29 points)
2. Buy Signal @ 4608. Went up to 4619. (+11 points)
3. Sell Signal @  4600. Fell down to 4564. (+36 points)
4. Buy Signal @ 4585. Went up to 4631.75. (+46 points)
5. Sell Signal @  4606. Fell down to 4538. (+68 points)


Total +190 points.

Buy Signal @ 4584. Went up to  4634.40. (+50 points)

" Live until you Die"

Nifty stoned to death. Thank you Mr. Subba Rao!

1. Sell Signal @ 4811. Fell down to 4777. (+34 points)
2. Buy Signal @ 4812. Went up to 4839. (+27 points)
3. Sell Signal @ 4812. Fell down to 4625. (+187 points)

Open  4,774.90
High  4,839.90
Low   4,624.50
Close 4,643.15


" Bull markets are aberrations. All markets are inherently bearish."

Nifty revisits Sub-4700 level

Buy Signal @ 4699. Went up to 4784. (+85 points)

Open  4,729.00 
High  4,784.00 
Low   4,671.10 
Close 4,757.40
 

"Just as a farmer must know the optimal time to plant and harvest a crop, the trader must know the optimal time to buy and sell a position."

The Mummy Returns

1. Sold @ 4674. Fell down to 4633. (+41 points)
2. Bought @ 4671. Went up to 4703. (+32 points)
3. Sold @ 4667. Fell down to 4659. ( +8 points )
4. Bought @ 4699. Went up to 4768. ( +69 points)


Total: +150 points

"To succeed in trading you need both confidence and caution"

Today's Trades (Click on the image to enlarge)

"Respond intelligently even to unintelligent treatment"

                                                                    - Lao tzu ( 6 AD Founder of Taoism )

Weak European Cues

Today's Trades (Click on the image to enlarge)

"Holding onto anger is like grasping a hot coal with the intent of throwing it at someone else; You are the one getting burned"   - Gautama Buddha (563-483 BC)

Nifty Struggling to cross 5400

Today's Trades (Click on the image to enlarge)

"The greatest battles of life are fought out daily in the silent chambers of the Soul."

1. Booked full profit at 5006 Bought yesterday at 4895. (+111 points)




"Our self-talk is our self-coaching"

1. On Thursday Bought @ 4866 and covered @ 4888. (+22 points)
2. On Friday Sold @ 4840 and booked profits @ 4821. (+19 points)
3. Today Bought @ 4895 booked partial profits @ 4940. (+45 points)


"The Pathway to more consistent profits is record keeping."

1. Buy Signal @ 4944. Went up to 4961. (+17 points)
2. Sell Signal @ 4934. Fell down to 4894. (+40 points)
2. Buy Signal @ 4913. Went up to 4933. (+20 points)
3. Sell Signal @ 4914. Fell down to 4868. (+46 points)


"I have no special talents. I am only passionately curious."  - Albert Einstein

1. Sell Signal @ 4909. Fell down to 4865.10. (+43 points)
2. Buy Signal @ 4889. Went up to 4973.20. (+84 points)
3. Sell Signal @ 4950. Fell down to 4926. (+24 points)



"What are the three best market indicators?
In order they are:

1. Price

2. Price

3. Price"

1. Sell Signal @ 4850. Fell down to 4824. (+26 points)
2. Buy Signal @ 4838. Went up to 4921. (+83 points)

Total Gain: +109 points

"Trading aggressively following losses in an attempt to get our money back all at once is called Revenge Trading."

Wkly Tech Analysis: Nifty placed in a strong support zone The markets registered heavy losses in the holiday-shortened week amid rout in equities across the globe. The US economy seems to be headed towards another recession, and fears of defaults in the Euro zone loom larger than ever before. Sentiment also soured due to the popular fight against corruption, which, many fear, may lead to a slowdown in foreign inflows. The NSE Nifty tumbled 336 points, from a high of 5,132 to a low of 4,796. The index ended at 4,846, with a loss of 227 points. One can see the resistance moving lower on the Nifty daily charts, if one draws a trend line from its recent high of 5,702 on July 26. The immediate resistance for the Nifty is now placed around 4,950. The index needs to break through this downward trend line to show any sign of consolidation or recovery. The markets have been in a downward spiral for the last ten months, which is precisely the time they took during the 2008 correction. Secondly, the index is now close to its extremely strong support level of 4,835, on the weekly and the monthly charts. The Fibonacci time-wise and value-wise targets, however, indicate a major bottom somewhere in the next 11 months. According to the time-wise theory, the next bottom will register around the 21st month, starting November 2010. This indicates a period between June to August, 2012. Similarly, according to the value-wise theory, we should get to a downside target of around 13,400-odd levels on the Sensex, and 4,000-odd levels on the Nifty. Hence, it would be interesting to see whether the Nifty can sustain around the 4,800 levels, and for how long.

1. Sell Signal @ 5473. Fell down to 5453. ( +20 points )

2. Buy Signal @ 5477. Didn't move up at all. ( -23 points )

3. Sell Signal @ 5454. Fell down to 5433. ( +21 points )

4. Buy Signal @ 5450. Went up to 5473. ( +23 points ) 

"There are no shortcuts to anyplace worth going"

1. Sell Signal at 5533. Fell down to 5488. (+45 points)
2. Buy Signal @ 5515. Went up to 5540. (+25 points)

Total Gain: +70 points 


"Every market inhales and exhales"

1.Nifty made a low at 5518.25. So yesterday's sell signal yielded another +35 points.
2.Buy Signal @ 5549. Position carried forward.

"If you're not spending as much time on trading outside formal market hours as during them, trading is probably not your calling."

RBI hosts Bear Party

 Sell Signal @ 5666. Fell down to 5555.55. (+111 points)

"Every once in a while, the market does something so stupid it takes your breath away."

1. Nifty bought on 01/07/2011 @ 5643 went up to 5751.60 today. (+108 points)

"Find at least one person to whom you are accountable  for your development as a trader"

I am back

1. Today we got a Sell Signal @ 5660. Fell down to 5616. (+44 points)
2. Buy Signal @ 5643. Position carried forward.


"The best trading opportunities come after the retracement of the first leg"

1. Sell Signal @ 5488. Fell down to 5438.15.(+49 points)

"Trading Stocks is simple mathematics 2+2= 4

but our greed makes it 5 and our panic makes it 3."

1. Yesterday's Buy Signal @ 5487 yielded +24 points.
      Nifty went up to 5511.

"You will be more profitable if you don't  know what comes next."

1. Yesterday's Buy Signal @ 5535 didn't move up at all.(-33 points)
2. Today Sell Signal @ 5502. Fell down to 5450.25. (+51 points)
3. Buy Signal @ 5487. Position carried forward.

"Don't let your learning lead to knowledge. Let your learning lead to action."

1. Buy Signal which came on 06th @5525 went up to 5577 and gave additional +31 points.
2. Sell Signal yesterday @ 5522 fell down to 5493. (+29 points)
3. Buy Signal Today @ 5535. Position carried forward.

    Total Gain: +60 points

"Readers are Leaders". I am a "Book-a -holic". I simply love books and reading.

1. Sell Signal @ 5572 on Friday yielded another +33 points .
2. Buy Signal @ 5525. Went up to 5546. (+21 points)

      Total Gain: +54 points

"A Winner is more defined by mental make-up than by method or money."

1. Today Nifty future made a high 5608. Yielded another +45 points.
2. Sell Signal @ 5572. Fell down to 5509.30. (+62 points)

     Total Gain: +107 points.

"Lesser profits are better than big profits and big losses."

Bull festival

1. Buy Signal @ 5416 on 27/05/2011. Today it made a high 5563. (+147 points)

"Success is achieved in inches, not miles. Your ability to live your dream may be closer than you think."

1. Buy Signal @ 5377. Went up to 5407. (+30 points)
2. Sell Signal @ 5369. Fell down to 5354. (+15 points)

      Total Gain: +45 points

"Men's Expectations manifest in Trends."

1. Yesterday We got a Buy Signal @ 5410. Didn't move up at all. (-34 points)
2. Yesterday Sell Signal @ 5376. Today fell down to 5328. (+47 points)

"Big Winners offset Small Losers in the long run"

1. Wednesday's Buy Signal @ 5439. Went up to 5522.40. (+83 points)

"Access to intuition requires a still mind; highly intuitive people are not bored by stillness and indeed, thrive on it."

1. Yesterdays Buy Signal @ 5460 didn't move up at all. (-38 points)
2. Today Sell Signal @ 5422. Fell down to 5398. (+24 points)
3. Buy Signal @ 5439. Position carried forward.

"Staring at the screen will not boost your share price"

1. Buy Signal @ 5513. Didn't go up at all. (-38 points)
2. Sell Signal @ 5475. Fell down to 5422. (+53 points)
3. Buy Signal @ 5460. Position carried forward.

"When you involve other people in your trading progress, you are virtually guaranteeing your trading success."

1. Friday we got a Buy Signal @ 5523. Went up to 5622. (+99 Points)
2. Sell Signal @ 5580. Fell down to 5478 today. (+102 Points)


Total Gain: +201 points

"The Return on investment we are getting would make Warren Buffett green with envy."

1. Yesterday's Buy Signal @ 5572 didn't move up at all. (-40 points)
2. Sell Signal @ 5532. Fell down to 5470. (+62 points)

"The world isn't always paying attention when we excel. People have their own agendas to pursue."

1. Buy Signal @ 5572. Position carried forward.

"Success is a Choice. People don't stumble on success; they choose it."

1. Yesterday's Buy Signal @ 5538 yielded another +20   points when nifty future made a high 5605.
2. Sell Signal @ 5548. Fell down to 5517. (+31 points)

    Total Gain: +51 points

"Be willing to learn from other trader's mistakes; as most likely you won't live long enough to make them all yourself."

1. Sell Signal @ 5531. Fell down to 5501.10. (+29 points)
2. Buy Signal @ 5538. Went up to 5583 (+45 points)

      Total Gain: +74 points

"Please just use what works for you and let go of the rest."  - Buddha

Rebirth of Bulls

1. Buy Signal @ 5507. Went up to 5540. (+33 points)
2. Sell Signal @ 5496. Fell down to 5468. (+28 points)
3. Buy Signal @ 5538. Went up to 5574.90. (+36 points)

   Total Gain: +97 points

"I learned to take responsibility for my successes and failures. With successes, my question is: How can i repeat this? With failures, my question is: what can i learn from this?"