There is the plain fool, who does the wrong thing at all times everywhere, but there is the Wall Street fool, who thinks he must trade all the time. No man can always have adequate reasons for buying or selling stocks daily or sufficient knowledge to make his play an intelligent play. Jesse Livermore Nifty…
It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong. – George Soros Nifty Future: Short around 5510 with Stop at 5523. TGT 5430 Buy around 5430 with Stop at 5415. TGT 5490 – 5510 Stock Future: Buy Bata …
“Markets can remain irrational longer than you can remain solvent”. J M Keynes Nifty Future: Resistance around 5554 and crossover of 5559, it will move to 5605 – 5630 Support around 5477 and breaking 5471, it will fall to 5430 Stock Future: Short Acc around 1016 with Stop at 1026. TGT 1002 – 983 Buy…
“If you don’t know jewelry, know the jeweller”. Warren Buffet Nifty Future: Resistance around 5555 and crossover of 5562, it will move to 5630 – 5645 Support around 5499 and breaking 5493, it will fall to 5440 – 5405 Stock Future: Short Bhusanstl below 437 with Stop at 445. TGT 425 – 415 Short HDFC…
“Mathematics is the only exact science. All power under heaven and on earth is given to the man who masters the simple science of mathematics.” W.D. Gann Nifty Future: Resistance around 5565 and crossover of 5571, it will move to 5610 – 5625 Support around 5529 and breaking 5511, it will fall to 5480 –…
Nifty Future: Resistance around 5530 and crossover of 5535, it will move to 5565 – 5585 Support around 5488 and breaking 5476, it will fall to 5447 – 5400 Stock Future: Buy LT above 1740 with Stop at 1726. TGT 1765 – 1775 Buy Reliance around 937 with Stop at 930. TGT 952 – 972…
“Every movement in the market is the result of a natural law and of a Cause which exists long before the Effect takes place and can be determined years in advance. The future is but a repetition of the past, as the Bible plainly states…” W .D. GANN Nifty Future: Buy around 5543 with Stop…
A speculator must concern himself with making money out of the market and not with insisting that the tape must agree with him. Never argue with it or ask for reasons or explanations. Jesse Livermore Nifty Future: Breaking 5532, short on pullback around 5575 with Stop at yesterday’s close of 5591. TGT 5508 – 5475…
If you can’t sleep at night because of your stock market position, then you have gone too far. If this is the case, then sell your position down to the sleeping level. Jesse Livermore: Nifty Future: Buy around 5530 with Stop at 5520. TGT 5575 – 5600 – 5635 Short around 5576 with Stop at…
It sounds very easy to say that all you have to do is to watch the tape, establish your resistance points and be ready to trade along the line of least resistance as soon as you have determined it. But in actual practice a man has to guard against many things, and most of all…