SUMMER SEASON HAS STARTED & BIRDS ARE HUNTING FOR WATER,

KINDLY ARRANGE TO PUT EARTHERN POTS AT UR BALCONY/TERRACE WITH FRESH WATER DAILY

Invite your Friends & Earn Referral Income!

Monday, July 29, 2013

Self Confidence Is The Biggest Asset


A Businessman was deep in debt and could not see any way out.
Creditors and Suppliers were demanding payments. He sat in the park, deep in thought, wondering if anything could save his company from bankruptcy.
Suddenly an old man appeared before him and asked,
"I can see that something is troubling you seriously".
After listening patiently the old man said,
"I believe I can help you".
He asked the man his name, wrote out a cheque and put it into his hands saying,
"Take this money, meet me here exactly one year from today... and you can pay me back at that time".
Then he turned and disappeared as quickly as he had come.
The businessman saw in his hands a cheque for $ 500,000... signed by Warren Buffet, one of the richest men in the world.
"I can erase my worries instantly" he realized.
But instead, the man decided to put the uncashed cheque in his safe, knowing that it might give him the strength to work out to save his business and to use this only in case of dire emergency.
With changed thinking he negotiated better deals,restructured his business and worked rigorously with full zeal and enthusiasm and got several big deals.
Within few months, he was out of debt and started making money once again.
Exactly one year later he returned to the park with the uncashed cheque.
As agreed, the old man appeared.
But just as the businessman was about to hand him back the cheque and share his success story, a nurse came running up and grabbed the old man.
"I’m so glad I caught him" she cried.
"I hope he hasn’t been bothering you much.
He always escapes from the mental hospital and tells people that he is Warren Buffet",
saying this she took the old man away.
The surprised man just stood there, stunned!
All year long he had been dealing thinking that
he had half a million dollars behind him...
Its not the money, real or imagined that turns our life around.
It is our Self-confidence that gives us the power to achieve anything & everything that we want.

Friday, July 26, 2013

BULLISH WW PATTERN IN BANK NIFTY

IF THE BELOW PATTERN IS A VALID +WW PATTERN 

THEN AS PER SYMMETRY OF PATTERN BN MAY FORM PT5 TODAY 

LOWS SO FAR IN BN IS 10421

MAY MAKE A  LOWER LOW NEAR 10380-10400 RANGE

START ACCUMULATING LONGS FROM HERE IN BN WITH SL BELOW 100PTS FROM BUY RATE OR AS PER YOUR RISK CAPACITY 

TRGTS 11300-400 IN 10-12 SESSIONS

CORRESPONDINGLY NIFTY MAY MAKE A LOWER LOW NEAR 5880NS LEVELS







Thursday, July 25, 2013

NIFTY VIEWS

tomorrow nifty may trade in 5960-6016 ns range
BN may also make a lower low near 10652 tomorrow and BN may trade in 10652-10906range
all levels are spot levels

TOMORROW BUY AGGRESSIVELY AT  LOWS NEAR
NS 5960 AND
BN 10652

EXPECTING A GOOD BOUNCE IN NIFTY AND BN FROM THESE LEVELS

KEEP SL BELOW 5883NS AND 10390 IN BN

Wednesday, July 24, 2013

bank nifty views

lows so far in BN is 10698

start accumulating longs in 10690-10660 range for good upmove in BN in coming days

sl below 10622

NIFTY BULLISH VIEWS FOR AUGUST

NOW SINCE A MOVE TOWARDS 6080 IS DONE (HIGH MADE WAS 6094 YESTERDAY)

THOSE WHO HAVE SHORTED NEAR 6080 MAY COVER THEIR SHORTS HERE AT 5960-70 RANGE

START ACCUMULATING LONGS HERE WITH SL BELOW 5884NS FOR TRGTS 6068-6134-6219 TILL 15TH AUGUST

MY GUESS FOR EXPIRY IS 

NIFTY MAY TRADE IN TIGHT RANGE OF 5960-6016 TILL EXPIRY

PLZ DONT BUY 6000CE AND PE AGGRESSIVELY AS TOTAL PREM IS NEAR 66 AS OF NOW AND IF MY GUESS IS RIGHT THEN IT WILL BE MADE 0-10 TILL EOD TOMORROW

IF WANT TO TRADE IN OPTIONS BUY 5800CE WHEN NIFTY COMES NEAR 168-172 RANGE WITH SL BELOW 144 

OR BUY 6100PE WHEN NIFTY COMES NEAR 6005-08 RANGE

Tuesday, July 16, 2013

nifty views

a bearish WW may develop in 30min charts 


5887 may form pt4 of -WW pattern


........if didnt break below 5878  then i guess nifty may 


see a bounce for 6080 levels till july end to form pt5 

of  -WW pattern


buy all dips near 5890-5900ns range with small sl



nifty then may again dip towards a lower low for 


5860 levels to complete a -WW pattern

Tuesday, July 2, 2013

nifty intraday views

NS 5885CMP


Buy NIFTY on dips near 5858-63ns range with sl 

below 5848
\

trgts 5908-13 range intraday



meantime may sell nifty at 5885ns cmp 



sl abv 5888ns



trgts 5881-70-59



may be near 12.20pm