Thursday 16 February 2012

Traders Psychology 15february2012


From RG\wealltrader.com (WAT)

Nifty Data for tomorrow: As predicted we got 5550 today and NF closed near this level. Tomorrow holding of 5486 (NF) will cut most of the rest of the shorts available into the system, as some of the bears still thinks, holding of 18200 of sensex for 2 days is must for the rally to continue.

Excellent BULLS rally today and as recomended, after 5426 (NF) holds will give us 100-150 nifty points very fast and it happened today, when we get the real bull doze from ASIA.

Now, action is shifting towards 5650 (NF) level type and let's see more tomorrow............As Bulls are not ready to loose their grip, and killing all tech data once aftaer another with their money power.

Stock calls are doing wonder as posted on WAT except IDFC, Hindal & Relcap, where we have used the step-up strategy to book the profit earlier.

IDBI, ICICI, Axis, LnT are 3-5 times from buy price

Once again telling, avoid short in FEB SERIES


  • ‎15.02.12

    LITTLE MORE STEAM IN NIFTY...

    Good Morning friends...

    NIFTY INDEX:
    As yesterday we witnessed with marginally but daily BIAS shifted up. As per our expectation market moved up and closed higher. Now it needs follow up the up move above 5427. All long trader should have to take in consideration there is little more steam in Nifty Index to go upside and trader would like to trail and tight their stops. Supporting point to this view is decreasing open interest on rising price.
    Well today too we will continue same view.
    For upside above 5428= 5449<5472<5490...
    On Downside Below 5400= 5375<5340<5279...
    Well trade...
    +919823543339...

    Seshareddy Veluri to kill fear we must increase faith on our own method and our eyes will give wrong msg to our mind while watching color of candles just concentrate on our method levels just repeating the levels are greater than color of candles. i practised this way from past one year now iam far better in controlling emotions

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