THE CYCLE IS COMPLETED....

I really learnt a great lesson today in my trading life. The day is neither opened for day traders nor opened for investors. The day needs to be segregated for both traders and investors.
The timing of market is very difficult because many a times we club both the regions in to one and get confused.
The early morning timing for rise in ICICI missed but participated in MC-Dowell and made some good money. When the market is making a correction to consolidated I was wrong to sell REL infra but messed up with the mistake that resulted in confusion. I checked with the time but again confused to read the market.
This confusion has created turbulence in my mind and made to do irresponsible trading. This costed me one thousand rupees loss.
I came to know after a series of discussions with Hema and Srinu that the money I made earlier was through position building and huge volume.
The earlier trades were not focused on LOW cut or HIGH cut but the timing was accurate as there was series of acid tests were conducted before plunging into position.

NOW I AM FULLY CONFIDENT THAT THE EARLIER CONCEPT OF MAKING MONEY AND THE RECENT MISTAKES I MADE TO LOOSE AT MARKETS. THIS COMPLETED INTROSPECTION OF THE TRADING METHODS OF THE POSITIVE STREGHTS AND THE GRAVE MISTAKES I OFFEN COMMIT. SO THE CYCLE IS COMPLETED AND I CAN DECLARE THAT I AM ADVANCED IN MY TRADING SKILLS TO BECOME A TICKKER SPECILAIST.

I AM CONFIDENT ON PRICE, VOLUME, TICKER MOVEMNT AND MARKET OPERATION. I HAVE TO PUT THIS KNOWLEDGE INTO PRACTICE.

The opportunity lost or accumulated experience…..

I have been in the market with lots of hope and built up dreams for more than two decades. I love the market so much that the opportunities emerged in the other fields was brought to failure as it seems.

The markets are for making huge money but not for the day to day survival. I noticed this fact but the survival in the market as well very important to make huge money from the market.

The claim I make now is that I could survive despite of meager amount but continued to work on the market movements. I never tried to stop the study at a low point of my success in the market.

I have mastered the price movement, support and resistance points and the volume theory in relation with price movement. I could understand the ticker that projects the future price of that scrip. I recently accumulate the market operation a vital point to make huge money.
So I can proudly announce the “FOUR PILLARS OF THE TEMPLE” were constructed. I can dream of making huge money from the markets from now. Till date I have been waiting for this day where I can mint money. I used to go in small lots and live to a very short period with position. Now I can draw the line and build position in line with the market trend with UJWAL Trading as KEEP ON…BUY OR SELL….

THE ROAD MAP ....…..

THE ROAD MAP FOR ACHIEVEMENTS BEGIN ....…..

DREAM: The dream is so big to change the life was not materialized till date.

POSSIBILTY: In case history is a record for projection can through a dim light but the experience gained can paint a brighter picture with a vision of colourful future.

OPPORTUNITY: The markets through a wide spread positive opportunity.

ACHEIVEMENT: The market reading is very close to real happening in the markets. I am proud to read and expect the future possibility with accuracy. The future will tell the actual achievement.

Now for a beginning with modest- daily Rs 5000/- net profit and a maximum aim of Rs 25,000/- and the best ever dreamt of having a gains with daily one lakh rupees.

.....THE COUNTING IS ON WITH EVERY DAY ACHIEVEMENT PUBLISH.

The US falls out….

The markets across the globe are in a queue to accept the US markets decision as DOW falls to 6-year lows. The Nifty is holding above 2735 could be a challenge as the global concern has worsen than expected.
The Nifty at home was down by Budget sentiment and followed by the US concern could hold for two days above 2750. The recovery in RIL is very important as the Banking sector lost more than 15% in some stocks and around 10% in most of the heavy weights despite the expectation of rate cut on the cards.
The stocks like GE shipping moved up from 187 to 225 levels now back to square. The ICICI from 360 levels to 440 levels now back to 360 levels. The effort made to move was used to exit is the main problem in the markets. The HNIs, MFs and FIIs have little conviction that the world economy will recover soon so is the Indian economy.
The Nifty is good above 2803 as Reliance good above 1306. The markets today may not hold above 2780 level cold test 2704 level first and the better support exists at 2680 level. The volumes were dried up and the trading has been confined to limited stocks with high degree of volatility based on news/expectations.
Today Nifty may face resistance at 2793 level may get support at 2724-29 level and next at 2703-05 level. The Reliance may face resistance at 1301-1298 level and will become weak below 1281 level may get support at 1246 level and next at 1238 level. The ONGC may face resistance at 683-86 level may get support at 662 level and next at 651-53 level. The Rel Infra may face resistance at 516 level may get support at 486 level and next at 473-71 level where the recent bottom support exists.
The ICICI may face resistance at 373-75 level may get support at 341-42level. The Relcap may face resistance at 381-83 level may get support at 359-57 level. The Bharti which built huge open interest at 640 CA may see steep fall if it trades below 639 support level. The BHEL is facing resistance above 1410-12 level may correct steeply if it closes below 1350 level.
The Asian Markets are trading in red with nearly1.5 - 2% cut and the ADRs were not deeply cut. The SGX Nifty is trading at 2740 level down by 52 points. The challenge now is to recover from the lows. In case the Govt willing to provide easy liquidity situation by signaling RBI to cut the CRR and Repo rate cuts to spur the local demand as the inflation is totally under control may save our markets, other wise the markets next broad range will be in a range of 2830-2420 for next quarter.