QUEENSTRADE

     17 JULY 08

 

(FOR CHARTS ETC VISIT WWW.QUEENSTRADE.COM)  

 

 MARKETS FOR WEEK ENDING 25 JULY 08   LAST WEEK ENDING 18TH JULY, INDICES CLOSED HIGHER FOR THE 2ND WEEK IN A ROW. THIS 2 WEEKS OF +VE  CLOSING CAME AFTER 7 WEEKS OF FALLS.  AS WAS WRITTEN ON WEDNESDAY, INDICES HAD TO TAKE A RESPITE  FOR 2 DAYS AFTER 5 DAYS OF CONTINUOUS FALLS. BIG MOVEMENTS BY DECEPTIVE DOW, WEAKNESS IN CRUDE PRICES AND ANTICIPATION OF UPA TO WIN VOTE OF CONFIDENCE  TRIGGERING HUGE SHORT COVERING WERE  MAJOR REASONS FOR 2DAYS BIG RISE IN INDICES WHICH CAN BE TERMED AS  PERFECT RELIEF RALLY AFTER THE INDICES HAD FALLEN FOR 5 CONSECUTIVE DAYS BETWEEN 10 JULY TILL 16TH JULY. TRADERS MUST REMEMBER THAT UNLIKE  S&P500 OR NASDAQ,  DOW IS COMPLETELY OPERATOR DRIVEN TO INFLUENCE WORLD MARKETS AND IS LIKELY TO CONFUSE EVERYONE BY RISING MORE & MORE TO FALL SUDDENLY TO NEUTRALIZE ALL GAINS. SIMILARLY CRUDE IS ALSO COMPLETELY OPERATOR DRIVEN AND ONCE  IT FALLS TO DESIRED LEVELS, YOU WILL START TO HEAR A FLURRY OF NEWS RELATING TO STRIKE IN NIGERIA, SHORTFALL IN US FUEL INVENTORY OR HURRICANE  FUSKA APPROACHING FLORIDA COAST TO AGAIN RAISE CRUDE PRICES ABOVE $150.

FOR INDIAN MARKETS THIS WEEK, MARKETS MAY REMAIN FLAT TO BULLISH TILL  OUTCOME OF NO-CONFIDENCE VOTE. ON UPA WINNING, THERE WILL BE ANOTHER BOUT OF SHORT COVERING FOR A DAY OR TWO TO BE FOLLOWED BY MASSIVE SELL OFF. THE REASON FOR THIS BEING MARKETS HAD ALREADY RISEN IN ANTICIPATION & ONCE THE RESULT IS OUT, ONLY A BIT OF FURTHER SHORT COVERING COMES & THE ENSUING RISE IS FOLLOWED BY PROFIT BOOKING AND HEAVY SHORTING. AS THE BEAR MARKET FALL SINCE JANUARY 08 WAS A CYCLIC  WORLD EVENT &  BEING IN NO WAY  RELATED TO INDIAN POLITICS, HENCE THE +VE OUTCOME MAY NOT HAVE ANY REVERSING TREND EFFECT ON MARKETS EXCEPT A DAY OR TWO OF FURTHER RISE DUE TO SHORT COVERING. SO ALL THOSE HOLDING LONG POSITIONS SINCE LAST 2 DAYS MAY CONTINUE TO HOLD & IF UPA WINS, TO BOOK PROFIT GRADUALLY FROM   23RD JULY AND ADD SHORTS OF AUGUST. IN CASE  UPA LOSES, LONG POSITION HOLDERS MAY IMMEDIATELY RESORT TO  TRIPLE  SHORTING,  MEANING IF ON IS HOLDING 10 LOTS LONG, CAN QUICKLY ENTER 30 LOTS SHORT AT A LOWER OR MARKET RATE AND HOLD FRESH SHORTS TILL 3555 OF NIFTY SPOT. TRADERS WHO ARE HOLDING SHORT POSITIONS MAY CONTINUE TO HOLD SHORTS AND ON UPA WINNING, ADD FURTHER SHORTS OF AUGUST SERIES AFTER MARKET RISE FROM 23RD JULY . 

TECHNICALLY SPEAKING, THE INDICES ARE STILL IN THE 3RD DOWN WAVE OF WAVE "C". PRESENT RISE IS PART OF THE DOWN WARD SLOPPING 3,3,5 FLAT FORMATION WITH BASE  BETWEEN LOWS OF 2ND AND 16TH JULY  AND 1ST PEAK AT HIGH OF 26 JUNE AND 2ND HIGH AT 11TH JULY  AS THE 4TH SUB WAVE OF 3RD DOWN WAVE OF WAVE"C". ON COMPLETION OF FLAT  AROUND 3RD PEAK RESISTANCE AROUND 13863 FOR SENSEX AND  4184  FOR NIFTY, FURTHER FALL CAN BE  EXPECTED AS 5TH DOWN SUB WAVE TO COMPLETE THE 3RD DOWN WAVE OF WAVE "C" TO TAKE NIFTY TOWARDS SUB 3600 LEVELS. HOWEVER  IN CASE NIFTY CROSSES AND SUSTAINS ABOVE 4184 FOR A DAY OR TWO ON ACCOUNT OF UPA WINNING THE VOTE OF CONFIDENCE, THEN EXPECT TRADING GAP ZONES AROUND LEVELS OF 4333 AND 4570 MAY BE COVERED TO COMPLETE A 1,2,3 ZIGZAG PATTERN AS 4TH CORRECTIVE SUB WAVE TO FINALLY FALL TO SUB 3600 LEVELS DURING THE DEVASTATING MONTH OF AUGUST 08. (TO BE  ADDED FURTHER)

MARKETS FOR 21 JULY 08:-- WITH LOTS OF POLITICAL NEWS FLOATING AROUND, THE TRADING PATTERN WILL BE HIGHLY DEPENDENT ON NEWS FLOW FROM THE POLITICAL FRONT. THE NUMBERS ARE AT SO CRITICAL LEVEL THAT, ON EVERY BIT OF NEWS OF ANY MEMBER JOINING ANY OF THE GROUP WILL BRING IN HIGH VOLATILITY. ALTHOUGH ALL HIDDEN INDICATIONS ARE  TOWARDS FALL OF THE PRESENT GOVT, YET IT IS WISER TO WAIT  FOR THE RIGHT TIME TO TAKE MAJOR TRADING DECISION. 

NIFTY SPOT MAY OPEN FLAT. IT HAS INITIAL INTRADAY FIBONACCI SUPPORT OF 38.2% AROUND 4073 BREACH OF WHICH MAY BRING NIFTY DOWN TOWARDS NEXT FIBONACCI 50% SUPPORT AROUND  4031 LEVELS BELOW WHICH  MAJOR FIBONACCI  61.8% RETRACEMENT SUPPORT AROUND 4000 LEVELS. ON THE HIGHER SIDE  BREACH OF 4118 CAN TAKE NIFTY SPOT TOWARDS 4137 TO BE FOLLOWED BY MAJOR RESISTANCE AROUND 4155 LEVELS

MORNING UPDATE AT 8 AM  21 JULY 08 :--  

INTRADAY TRADING LEVELS FOR INDICES 21 JULY 08 (FOR SUBSCRIBERS)

 FOR INTRADAY TRADING ON  TUESDAY 21 JUL  , NIFTY SPOT MAY FIND  INITIAL    RESISTANCE   AROUND     LEVELS WHICH MAY BE BREACHED BY A GAP UP OPEN .  BREACH OF     MAY SEE  NIFTY TO  RISE  TOWARDS   MAJOR  RESISTANCE  AREA  OF     LEVELS . BREACH OF     CAN  TAKE  NIFTY   TO FIND  RESISTANCE AROUND     LEVELS  . ON THE LOWER SIDE NIFTY FINDS INITIAL SUPPORT AROUND THEN  LEVELS. BREACH OF  CAN PULL IT DOWN  NIFTY SPOT  TO  LEVELS. BELOW  NIFTY SPOT MAY BECOME VERY WEAK TO SLIDE STRAIGHT TO  LEVELS.

NSE()       

SUP (CLOSING  SUPT  )   

 RES  (CLOSING RES    )

SENSEX()

SUP (CLOSING SUPT )

RES(CLOSING  RES   ) 

 

 

 

 

 

  

EXCESSIVE RISE OF INDIAN MARKETS 7 TIMES BETWEEN  2002 TO 08

 

IF ONE COMPARES RISE OF INDIAN MARKETS TO ITS  COUNTERPARTS IN  ASIA, EUROPE AND USA  ,ONE WILL BE SURPRISED TO FIND THAT BOTH SENSEX AND NIFTY HAD MOVED 7 TO 8 TIMES THE PRICE   FROM  ITS LOWEST  LEVELS OF 2595 & 920 RESPECTIVELY IN OCT  02, LOWEST POINT ACHIEVED DURING THE BEAR PHASE AFTER 2000 FEB & TILL THE HIGHEST LEVEL OF 21207 & 6357IN JAN 2008 IN THE RECENT BULL RUN. COMPARED TO INDIA  DURING THIS PRESENT BULL RUN, JAPAN HAD MOVED 2. 5 TIMES BETWEEN 7603 IN APR 03 TO 18300 IN FEB 07, KOREA 4TIMES BETWEEN 512 IN MAR 03 TO 2085 IN NOV 07, TAIWAN 2. 8 TIMES BETWEEN 3411 IN SEPT 01 TO 9859 IN OCT 07, SINGAPORE 3 TIMES BETWEEN 1205 IN MAR 03 TO 3906 IN OCT 07, CHINA 6 TIMES BETWEEN JUN 05  998 TO 6124  TILL OCT 07 HONGKONG 3.8 TIMES  BETWEEN 8332 IN APR 03 TO 31958 IN OCT 07, UK 2 TIMES BETWEEN 3277 IN MAR 03 TO 6754 IN JULY 07 AND DOW 2 TIMES BETWEEN 7181 IN OCT 02 TO 14277 IN SEPT 07. SO INDIAN MARKETS HAVING MULTIPLIED MORE THAN 7 TIMES COMPARED TO 2 TO 3 TIMES BY OTHER COUNTERPARTS. CHINA TO HAVING CORRECTED TO SUB 3000 LAST WEEK  HAS ALSO MODERATED TO LESS THAN 3 TIMES LIKE OTHER ASIAN COUNTRIES. HENCE SENSEX AND NIFTY ARE   LIKELY TO CORRECT MUCH MORE THAN OTHER COUNTRIES TO COME TO THEIR LEVEL OF 3 TO 3.5 TIMES WHICH COULD BRING THEM DOWN TO SUB 10000 & 3000 LEVEL BY END OF THIS CORRECTION. AS ON 16TH JULY BOTH SENSEX ARE STILL AROUND 5 & 4. 5 TIMES THE LOWS WHICH IS MORE THAN DOUBLE OF DOW AND MANY ASIAN COUNTERPARTS. 

SECOND INTERESTING FEATURE TO NOTE IS THAT, OTHER THAN INDIA, THE INDICES OF ALL THESE COUNTRIES HAD PEAKED OUT AROUND OR BEFORE OCT 07 & HAVE BEEN CORRECTING SINCE THEN WHERE AS IN CASE OF SENSEX AND NIFTY, EACH MOVED UP NEARLY 20% BETWEEN OCT 07 & JAN 08 WHICH WERE EXTENSIONS OF EXTENSION  & IRREGULAR  A & B CORRECTIONS ON COMPLETION OF 5 WAVE BULL MARKET AFTER WHICH  THE MEGA  C  WAVE CORRECTION STARTED.HEDGE FUNDS, FIIS, OPERATORS LIQUIDATED IN OTHER MARKETS AND PUMPED IT INTO INDIAN MARKETS BETWEEN OCT 07 AND JAN 08. NOW REVERSE IS HAPPENING . THIS CLEARLY SUGGESTS THAT THE CORRECTION FROM 11TH JAN 08  IS JUST THE TIP OF THE ICEBERG AND BOTH SENSEX & NIFTY HAVE  MUCH MORE DOWN SIDE  IN STORE, WITH SMALL  UPWARD CORRECTIONS AFTER EACH BIG FALL. 

200 WEEK MOVING AVERAGE.   MOST OF THE MAJOR INDICES  INCLUDING  DOW & FTSE  HAVE BREACHED AND CLOSED BELOW THE 200 WEEK MOVING AVERAGE. FOR SENSEX AND NIFTY THIS 200 WEEK MOVING AVERAGE RUNS AROUND 11777 AND 3500 LEVELS. BE VERY SURE TO SEE BOTH INDICES BREACHING 200 WEEK MOVING AVERAGE IN THIS BEAR MARKETS WITHIN A FEW WEEKS TIME. WITH MOST IMPORTANT WEEKLY INDICATOR RSI  HAVING GIVEN NEGATIVE DIVERGENCE  ON BREACHING THE  RSI  LOW  WHICH WAS AT THE  START OF THE BULL MARKET AROUND JAN 2003, THIS CONFIRMS THE BEAR MARKET THAT CAN  EVEN BREACH 3000 SPOT NIFTY WITHIN A FEW WEEKS TIME

 

 

 

 

 

MAJOR ELLIOTT "C" DOWN WAVE  

THERE IS A LOT OF CONFUSION AMONGST READERS& SUBSCRIBERS OVER THE DEVASTATING "C" WAVE.  WELL TO CLEAR ALL THE DOUBTS, AS PER ELLIOTT WAVE THEORY, THIS "C" WAVE IS DIFFERENT FROM NORMAL A,B,C  CORRECTION TO THE EXTENT THAT THIS BIG "C" DOWN WAVE COMES AT THE END OF THE  BULL  CYCLE  WHICH HAD EXTENSIONS AND  EXTENSION OF EXTENSIONS AFTER 5 WAVES AND AFTER  THE  A & B IRREGULAR CORRECTION WHERE WAVE B GOES HIGHER THAN START OF WAVE A. THIS BIG "C" WAVE IS COMPOSED OF 5 WAVE CORRECTION  OF 3 DOWN WAVES &2 RETRACEMENT UP WAVES WHICH CORRECTS THE ENTIRE BULL MARKETS 5 WAVES AND TERMINATES ABOVE THE TIP OF 1ST WAVE OF THE ENTIRE BULL RUN. AFTER COMPLETION OF THIS MEGA "C" WAVE FRESH BULL MARKET STARTS. IN THE LONG TERM CHART OF 5 YEAR BULL MARKET CYCLE , WAVE 1 WAS UP TO 2015 TILL 9 JAN 04, WAVE 2 CORRECTED TO 1292 TILL 17 MAY 04,WAVE 3 WENT UP TO 3774 TILL 12MAY 06, WAVE 4 FELL TO 2596 TILL 16 JUN 06, WAVE  5 WENT UP TO 4245 TILL  9FEB 07, THEN EXTENSION & EXTENSIONS OF EXTENSION OF 5TH WAVE TOOK IT TO  ORTHODOX TOP OF 6012  TILL 2 NOV 07, IRREGULAR CORRECTIVE  WAVE  A   BROUGHT INDEX DOWN TO 5394 TILL 23 NOV 07, IRREGULAR WAVE B MADE AN IRREGULAR TOP AT 6357 ON 08 JAN 08  HIGHER THAN THE PREVIOUS ORTHODOX  TOP& ALSO BREACHED THE LONG TERM RESISTANCE CHANNEL AS PER ELLIOTT WAVE THEORY,  AFTER WHICH DEVASTATING WAVE "C" STARTED AT 6357 ON 11 JAN 08. HAVING COMPLETED 1ST DOWN WAVE OF WAVE C  OF 1909 POINTS AT 4448, WAVE 2 RETRACEMENT WAS A TRIANGLE WITH TOP AT 5545 OR A 3,3,5 FLAT WITH 1ST SET OF  3 UP COMPLETED AT 5545ON  4TH FEB 08, 2ND SET OF 3 DOWN WAS COMPLETED AT 4468 ON  18TH MARCH AND THE FINAL SET OF 5 UP WAS COMPLETED AT 5299 ON 2ND MAY 08. THUS THE RETRACEMENT 2ND WAVE   FINALLY GOT  COMPLETED  ON  02  MAY 08.  3RD MAJOR DOWN WAVE  OF WAVE "C" HAS COMMENCED FROM 5299 ON 02 MAY.   IN ANY CASE ANOTHER MUCH BIGGER FALL THE 3RD WAVE OF WAVE C, LARGER THAN JANUARY 08  FALL IS DEFINITELY ON THE CARDS AND HAS  STARTED SINCE 2ND  MAY 08. 

AS ON 16 JULY 08 WE ARE PERHAPS IN THE  LONGEST DOWN SUB WAVE  THE 3RD   SUB WAVE OF THE MAJOR 3RD DOWN WAVE OF WAVE "C" WITH 1ST SUB WAVE HAVING BEEN COMPLETED AT 4370 ON 10 JUNE 08 .  3RD MAJOR DOWN WAVE OF WAVE "C"  WHICH HAS STARTED FROM  5299 ON 2ND MAY 08, WILL HAVE 5 SUB WAVES  WITH  3  SUB WAVES DOWN AND 2 SUB WAVES UP,  IS THE LARGEST DOWN WAVE OF 5 WAVES OF "C"  MAJOR   AND MAY BE 1.38 OR 1.62 TIMES THE SIZE OF 1ST DOWN WAVE.  EVEN IF IT IS EQUAL TO 1ST DOWN WAVE OF 1909 POINTS, IT CAN COME DOWN TILL  3636 FROM  TOP OF 2 ND WAVE AT 5545. OR IF ONE THINKS OF START OF 3 RD DOWN WAVE FROM 2ND MAY 08 HIGH OF 5299, THEN THIS CAN COME DOWN AT LEAST TO 3390, AND 1. 38 FIBONACCY TIMES OF 1ST DOWN WAVE  WILL PULL IT DOWN TO SUB 3000 LEVELS.  AS PER ELLIOTT WAVE THEORY  & LONG TERM WEEKLY & MONTHLY CHARTS, 5 WAVES OF WAVE "C"  MAY FINALLY TERMINATE  AROUND 25OO LEVELS OR  JUST ABOVE THE TIP OF WAVE 1 WHICH IS AROUND 2015. HOWEVER WHEN IT WILL REACH THERE IS DEBATABLE, PERHAPS BY ELECTION 2009..THE MOST IMPORTANT FACTOR TO NOTE IS THAT ALL THE BIG FALLS WILL COME ABRUPTLY WITHOUT  ANY PRE INDICATION AND ALL THE RETRACEMENT  UP MOVES WILL BE BAFFLING, CROSSING EXPECTED INTRADAY  RESISTANCES WITH  EASE  AND WITH VERY LOW VOLUMES.  STOCK MARKET PLAYERS  SHOULD   AND MUST REALIZE THAT MARKETS HAVE THEIR OWN UP & DOWN CYCLES   LIKE SEASON OR WEATHER OR INDUSTRIAL PRODUCTION OR PROFIT & LOSS CYCLES OR EVEN  THE  LUCK , HEALTH OR FINANCE CYCLES OF HUMAN BEINGS, WHICH IS A NATURAL PROCESS & NO AMOUNT OF  HUMAN EFFORT   HOWEVER STRONG CAN CHANGE  MARKET CYCLES. FIBONACCY  RULES GENERALLY GIVE  SOME CLUE TO THE DURATION & AMPLITUDE OF VARIOUS LONG OR SHORT CYCLES OF MARKETS. ONCE THE TIME IS UP THE CYCLE WILL CHANGE, SO IT IS WISER TO UNDERSTAND & OBEY NATURES LAWS AND FOLLOW THE CYCLIC TREND TO BENEFIT FROM  IT. (REFERENCE BOOK  ELLIOTT WAVE EXPLAINED )

CASH & FUTURES  TRADE   FOR 21 JULY 08( 10  TRADING JEWELS FOR 21 JULY 08)

BULLISH / BEARISH  CASH & FUTURES FOR 21 JULY:-

(BUY  IN BULLISH MARKET CONDITIONS ONLY& SHORT IN BEAR MARKET CONDITIONS INTRADAY) 

   (SHORTING & COVERING SHORTS, BUYING & BOOKING PROFIT  POINTS FOR STOCK FUTURES AND NIFTY FUTURES  ARE FOR SUBSCRIBERS ONLY  TO BE SENT DIRECTLY TO THEM AS PER INTRADAY CHARTS DURING MARKET HOURS. )

 1 TO 10.  FOR SUBSCRIBERS ONLY

OPTION TRADING

TRADING ADVICE FOR SMALL CAPITAL TRADERS     ( RS.20,000 TO 30,000)(ONLY FOR SUBSCRIBERS  BY  SMS & YAHOO MESSENGER) AS & WHEN TRADING OPPORTUNITY COMES DURING THE DAY FOR THE UNDER MENTIONED ACTIVE OPTIONS 

 

1. TISCO 680 PUT              BUY AT--SELL AT--  

 

2.TISCO 660 PUT                BUY AT----SELL AT--

3. IFCI 40 CALL & PUT     BUY AT-- SELL AT

4.RIL 2000CALL& PUT    BUY AT- SELL AT-

5.RCOM 400 PUT               BUY AT-SELL AT-

6.CAIRN 240 PUT               BUY AT -SELL AT-

7. NIFTY  FUTR                    BUY AT--SELL AT--

8. NIFTY  4000 CALL           SELL- AT-BUY -

9.NIFTY  4000   PUT           BUY-AT--SELL AT--

10.NIFTY 3900   PUT          BUY AT-- BUY AT

11.NIFTY 3800 PUT           BUY AT--SELLAT--

11. ITC 200  PUT                 BUY AT--SELL AT--

IMPORTANT POINTS FOR OPTION TRADERS

AS OPTION TRADER REMEMBER CERTAIN GOLDEN RULES FOR OPTION TRADING

 

 

1. DONT HOLD AND SIT TIGHT WITH YOUR OPTION. TRADE EVERY DAY. SAY, YOU HAVE BOUGHT A PUT  OPTION AT 100, LETS SAY IT HAS COME TO 90, YOU DONT HAVE TO WAIT FOR IT  TO GO ABOVE 100 TO BOOK PROFIT,  YOU SELL YOUR OPTION  ON MARKETS INTRADAY FALL AND  YOU BUY BACK  THE OPTION  ON MARKET RISE AND POCKET THE DIFFERENCE OF ATLEAST 10 TO 15. AS FAR AS POSSIBLE AVOID CARRYING OVER OF OPTIONS UNLESS YOU ARE SURE OF THE MARKETS NEXT DAY. IF YOU BOUGHT A CALL OR A PUT AT START OF THE MONTH AT 150, YOU WILL FIND ITS VALUE AT 75 OR LESS BY MIDDLE OF THE MONTH SO IF YOU HAVE NOT TRADED DAILY , HALF OF THE VALUE IS LOST BY MID MONTH.

2.WHETHER MARKET GOES UP OR DOWN OR FLAT, OPTION VALUE WILL REDUCE BY ATLEAST 5 POINTS EVERY DAY, SO TRADING DAILY  AT LEAST GIVES YOU BACK  THE DAILY 5 POINT AUTOMATIC LOSS DUE TO TIME DECAY.SO WRITING OPTIONS(SELLING FRESH A CALL INSTEAD OF BUYING A PUT AFTER  MARKET RISE OR SELLING FRESH A PUT  INSTEAD OF BUYING A CALL AFTER MARKET FALLS)  HAVE A MUCH BETTER CHANCE OF GAIN  THAN BUYING OPTIONS.

3. IF YOUR OPTION VALUE GOES DOWN BY 25% , BOLDLY QUIT THE OPTION. THIS WILL PROTECT YOU FROM SEEING ZERO VALUE FOR YOUR OPTION.(THIS IS THE MOST IMPORTANT POINT IN OPTION TRADING, PEOPLE GENERALLY BOOK BIG LOSS IN OPTIONS WHEN THIS GOLDEN POINT IS NEGLECTED.)

 4. DO NOT EXHAUST ALL YOUR MONEY IN BUYING OPTIONS. ONLY TRADE IN 60% OF MONEY AND ALWAYS HAVE 40% RESERVE FOR OPPORTUNISTIC TRADES.

5.THOUGH AVERAGING OF OPTIONS LOOKS VERY ATTRACTIVE, IT IS LIKE SLOW POISION. AVOID AVERAGING AS FAR AS POSSIBLE.  ADJUST YOUR MIND TO DO REVERSE TRADE,  MEANING  IN CASE OF HOLDING  5000 PUT SELL A LOWER OPTION SAY 4900 PUT IN CASE OF FALL IN MARKETS & RISE IN PUT VALUE, OR IN CASE HOLDING  5100CALL, THEN ON MARKET RISE WHEN CALL VALUE RISES SELL HIGHER CALL OF 5200 OR IF HOLDING A PUT, BOLDLY BUY A CALL AGAINST  THE  OBJECTION OF YOUR   MIND.

6. THE ABOVE OPTION RULES ARE TIME TESTED  AND MOSTLY FOUND TO BE CORRECT. ALTHOUGH MOST OF THE TIME  YOUR ANALYST  WILL GUIDE YOU WHEN TO BUY OR SELL BUT  YOU ON YOUR OWN ALSO BE  RIGID ON THE ABOVE  5  GOLDEN RULES FOR OPTIONS.YOU MAY FAIL ONCE  BUT 9 OUT OF 10 TIMES YOU YOU WILL NOT REGRET.

 

  Advice for Stocks, Futures& Options(Intra day) Stop Loss not to be fed but must be kept in mind to quit the position ( DATA GIVEN BELOW MAY NOT BE SUITABLE AFTER MARKET OPENS. SO  TRADE  ONLY ON PRICES SENT THROUGH  MOBILE SMS / Y. SMS)

Buying Trade:- FOR SUBSCRIBERS--SMS/ Y MSNGER 

 

SL.

        Name

Buy at

Stop loss

   Target

    Remarks

   1

Nifty Futr

Subscribers

 

 

 

 

 Buying Point For Subscribers Only

   2

 

subscriber

 

 

 

 

    DO

   3

 

--do--

 

 

 

 

   DO

   4

 

--do--

 

 

 

 

    DO

   5

 

--do--

 

 

 

 

    DO

 

SHORTING TRADE

 

SL.

        Name

Sell at

Stop loss

   Target

    Remarks

   1

NIFTY Futr

 

Also Short boldly if spot NSE  cross -- level(level for subscribers only)

   2

 

 

 

 

 

 

 Subscribers only

   3

 

 

 

 

 

 Subscribers only

   4

 

 

 

 

 

 

 Subscribers only

   5

 

 

 

 

 

 

 Subscribers only