Sunday, 1 November 2015
OIL INDIA :BIG BREAKDOWN (Chart Suggest Any big bad news,scam coming soon )
OIL INDIA
LTP 406
Big Break-down in Monthly Chart. Stock May Half from Here. 222/180+
#Chart Suggest Any big bad news,scam coming soon.
Disclaimer :The Above view is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers.
ShortTerm Pick: Himatsingka Seide - Available near 50EMA
Himatsingka Seide
LTP 205
Buy Near 198/194 SLCB 183 For Target 244++
LTP 205
Buy Near 198/194 SLCB 183 For Target 244++
Disclaimer :The Above view is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers.
EICHER MOTORS - AVAILABLE AT NEAR 8 YEAR STRONG SUPPORT(50WEMA & 200DEMA)
Eicher Motors
LTP 17760
Risky Buy near 16700/600 With SL 16500cb for 21k/22k++
Or Wait for close below 16500 For Shorting Tgt 14/11k.
#Intresting to Watch can Bearish H&S in daily Break 8 year LongTerm 50WEMA.
Daily Chart
Weekly Chart
Disclaimer :The Above view is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers.
Wednesday, 28 October 2015
UnichemLab : Re-Testing Of LongTerm Breakout, add for tgt 444++
Unichem Laboratories
BSE: 506690 | NSE: UNICHEMLAB |
SECTOR: PHARMACEUTICALS
LTP 284
Buy Near 269-259 SL 240Cb for 320/44++
Time Frame- 3-6 Months
Long term 1/2 year Target 444/535++
Disclaimer :The Above view is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers.
Sunday, 25 October 2015
Astramicro - Double Bottom Breakout Heading for 175++ Soon
View on ASTRAMICRO
BSE: 532493 | NSE: ASTRAMICRO
Buy at 130/120 SL 111cb Target 160/175++
TimeFrame-3/4 month
Once SL HIT Kindly Exit.
Disclaimer :The Above view is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers.
Friday, 23 October 2015
My Ten Pieces of Advice For Every Traders
My Ten Pieces of Advice For Every Traders
If someone was ready to start trading and had a basic understanding of trading and the markets and asked for some of my best advice on how they could make money as a trader, this is what I would tell them.
- Understand that trading is like any other professional endeavor, you will be monetarily rewarded based on the effort and work you put into it to learn how to trade. Trading is one of the few places where amateurs can go compete with professionals for a very low price of entry. Your trading tuition will have to be paid through the experience of losses and time doing your homework.
- If you have to get others opinions about your trade, asking others advice on entries and exits, then you really need to stop trading and work on a detailed trading plan that gives you a road map of how to react before you enter a trade.
- Do not waste your time on searching for that Holy Grail, easy money, can’t lose, trading method. Trading is always a competitive event and market conditions are always changing from volatile to stable and from trending to choppy so nothing works in all market environments.
- Successful trading is based on your winning trades collectively being bigger than your losing trades are collectively. So your goal is to either trade a system with a few huge wins and a lot of very small losses or a high winning percentage system that keeps the losing trades controlled.
- Do not look for a good trade, instead look for a great winning methodology to trade with.
- Your risk management that you use while trading will determine your trading success more than your method. You have to make it safe to be wrong a few times in a row and not lose all your trading capital.
- If you want to be a successful trader then focus on what is actually happening with price action and stay away from your own opinions and biases of what should happen. Wanting to be right for the sake of your ego is another expensive game.
- You can’t use anyone else’s system, you have to trade a system that fits you. One that you understand and can trade with discipline because of your confidence in it and yourself.
- Look for and find your own edge. What are you the best at doing in the markets? Some are masters of shorting, others trend following, some are great at selling options that expire worthless. Usually the type of trading you are the most passionate about gives you the drive to research it until you find that edge.
- Master some aspect of trading, find something to be an expert on. A market, a stock, IPOs, options, futures, day trading, trend following, etc. Don’t be a jack of all trades, be a master of one type of trading.
Author-Steve Burns
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RSP ARTICLES
Thursday, 22 October 2015
SUNTV : Small cup & Handle Pattern
Sun TV Network
LTP 385
Safe bet
Buy if Close Above 401 for target 444+++ wit SL 388
OR
Short If Close Below 349.5 for 305+ with SL 365
Disclaimer :The Above view is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers.
Wednesday, 21 October 2015
Tuesday, 20 October 2015
SHORT TERM VIEW ON NIFTY (SPOT LEVEL)
Nifty_SPOT
LTP 8261
SUP -8230/8205/8190
Upside Max level 8383+
Weakness Only Closing Below 8060 for 7850+
Disclaimer :The Above view is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers.
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