Nifty

Yes

Better to take fresh position tomorrow after 3:15.
I hope hereafter do not expect huge highs or steep downfall may be will be in consolidation phase.

@Sanjay/Shabbir: strategies must be required from you leased:


Thanks,
Siva.

 

Hi Shabbir/Sanjay,

Let me know your view on nifty .... Is uptrend is intact till it breaks 5840 (spot) support levels ?

Regards,
Kiran

 

Nifty will test 6015 level within 2 trading days ...
Regards,
Kiran

 

It is not 4376%, it is -43.76%. by mistake or may be in hurry forgot to put decimal after 43.

So net loss is 43.76% means Rs 1870/-
irate:

 

????? confused.

Sure???

Good to see that.

 

You r absolutely right but that is meant for new birds or for retail investors, skill traders don't have to follow this and even they made decent profit on expiry including me and as I said everyday is not a golden day means u can not expect frm ur business to give u profit everyday.
A) Some times u have to bear losses also but main thing is loss should be small not bigger then ur profit.
B) Some times u have to spend more to grow ur business and as I said in stock market small losses r ur business expenses.

I have attached 2 screen shots which include all my short term as well as intraday trades from last expiry 29th Aug to 26th Sep.

A) Which shows me that I have invested Rs. 99552/- App. for the above mentioned period.
B) which shows me that I made a Gross profit of Rs. 19431.45 in above mentioned period.
C) which shows me Return on investment is +19.51%.
D) U just have to deduct brokerage, electricity bill and internet bill to get net loss profit from gross profit.
E) Which shows me only 17 trades overall has initiated for the above mentioned period 9 out of 17 are for option trades which has high brokerage (Rs.25 per lot both side). and 11 trades initiated for intraday 2 out of 11 are for options(Rs.25 per lot one side only).
F) By deducting internet bill of Rs. 757, electricit bill of Rs.1000 (App) and brokerage of Rs.2650/50=53*25=1325+662(App.)
(stamp,stt, etc.) for options(incuding intraday and short term)+425.63 (App) (brokerage,stamp,stt,demat charges of Rs.10 per script) for equity.

Gross Profit 19431.45
Internet Expenses 757.00
Electricity Expenses 1000.00
Brokerage and Taxes 2412.63
-------------------------------------
Net Profit 15261.82
-------------------------------------

ROI +15.33% after Deduction.

Is there any business which gives u return like this, I don't think so and even you are not hiring anyone (liabilities) to work, not spending whole day (10-12 Hrs.) in a office to work, not doing any physical hard work, not facing any kind of hassles from Govt. organization regarding licensing, ROC and others, no hassles to expand or wind up, any time u can add more capital or withdraw all capital, will not face any kind of preference for others because of huge amount or lesser(bulk trade/small trade), will not face any kind of seasonal problem and most importantly no need to worry about installing security devices.

What more u expect instead of 15% :-
20%,30% u can get that learn it, apply it, get mastery of it and u will.

Dreaming of 50%-100%
Get out from the market or else market will throw u out cause u r dreaming to make ur money get double in a month or 2 which is not fie sable.

Moral of this is :- stay cool earn lesser but don't throw u capital and don't do any kind of business without knowledge.

Thanks to all for reading this.
May God Bless u if have faith.
Happy Trading.

feel free to ask any queries.
9868892015
http://www.facebook.com/sanjaysansanwal

 

Bullish engulfing seen on nifty intraday chart @ lower level of nifty spot 5883.

 

Nifty couldn't take benefit of bullish engulfing.

 

More downside expected if breach 5864-5850

Then down down till 5800 level.

 

Not at all dear I said don't do any business without knowledge.

About investing/trading business it doesn't require ur much time but u can't survive on any business which has more risk, uncertainty, volatility, etc. so u have to be engaged with others too weather any business or job.

Don't take my words wrong.

If every one thought the way u thought after seeing my post then there will be no more inventions, bazaars, etc., cause no one willing to do any kind of work.
So very sorry to say but u took it completely wrong.

 

Covered @ 91.50 profit of Rs. 678 means 8% return.

 

I hold some heavy weight stocks, those are start recovering from lows, can we expect nifty also can get recover?

Thanks,
Siva.

 

W break out seen on nifty intraday chart @ 5871,
waiting to cross 5880 for upside or 5850 for more downside.

 

Nifty is in trading range of 5800-6030 level so before that can't say.
U r holding some heavy weight stocks means large Cap or have u invested huge amount?

If u r willing to disclose the stock then only me or Shabbir could help u.
Best of luck.

 

Cool.

 

Hi Sanjay/Shabbir,

Finally i was able to read the nifty chart. thanks a lot for motivating me to read the chart patterns.

Today when i saw the chart around 11:45 ( nifty sport around 5880) i was sure that nifty will test around 5830 levels ... and it made a low of 5820 ....
For tomorrow nifty will test 5770 levels (intraday ) and if EOD closes below 5798 level then we may see down fall around 5580 levels .... incase nifty sustains above 5800 levels then it will test 6140 levels.



Regards,
Kiran