Weekly Review - 05th Feb 2018

Dear All,

4 Trading Steps That Will Change Your View of Financial Freedom :-

When it comes to the term “financial freedom,” this can have all sorts of meanings to different people. Most individuals look at it as more than having access to money but also the freedom to spend more time doing other hobbies such as travel or being with family. While having more time and money is the ultimate dream for many, not every entrepreneur is willing to make the effort.

In fact,80% of traders quit within the first 24 months, according to the Journal of Finance. Therefore, if you’ve decided to start trading, here are 4 trading steps that will change your view of financial freedom.

Follow Consistency Through Profitable Planning :-

To become a successful trader, you must stay consistent on planning to be profitable. Consider your trading path on a daily and weekly basis. This will define your goals on how you will to stick to trading and the results that come with it. You will have to accept what the market gives you, including the risks. The main goal is that you have a plan that will help you stay consistent with your trading results and goals.

Build the Account :-

Build your account from the bottom up. This means you will start with zero profits as you climb the learning curb. Once you are able to maintain the account at even, you’re done paying for the experience and can move toward consistent returns. This will help you establish and grow your account through proper planning and consistency. You won’t have to rush through the building process as it may add up faster than you think.

Becoming A Smart Investor :-

Learning through trial and error, you will learn when and how to execute good trading entries and exits. This will help you stay in the same mindset and moving forward by growing your investments and increase your edge.

Put Yourself On A Payroll :-

The biggest step that traders often forget is to pay for your own service. Whether you plan to take out some profit on a week or a month, you will stay motivated and appreciate the fruits of your time and labor. Once you see the profit transfer from your trading account to your bank account, the income will begin to materialize and push you to keep trading for an additional source of income.

However, this doesn’t mean that you should take the profits from all the funds from your account. It is important to prepare yourself for the event of a losing streak when you are not able to be profitable for a period of time.

Being a trader is often compared to the life of an entrepreneur and business ownership. You will have your share of difficulties, just like any other business. However, the rewards for hard work and dedication will show with your eventual financial freedom. The more control you have over your finances, the more freedom you will achieve in the long run.

>>> Nifty Weekly Chart - Posted on 20th Jan 2018 <<<

>>> Click the chart to see on full screen <<<

Posted 2 Weeks before - to be Cautious.

>>> Nifty Weekly Chart - Happened <<<

>>> Click the chart to see on full screen <<<

Weekly Support @ 10490 & 10400.

>>> Nifty Daily Chart <<<

>>> Click the chart to see on full screen <<<

Support @ 10735 and 10600 on Daily Basis.

>>> Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Once again if 10740 breaks may test 10670 & 10640.

>>> Bank Nifty Weekly Chart - Posted On Last Weekly Review <<<

>>> Click the chart to see on full screen <<<

Posted on Last Weekly Review - Price Resisted on Channel top. See what happened.

>>> Bank Nifty - Weekly Chart - Happened <<<

>>> Click the chart to see on full screen <<<

As expected Price resisted on Channel top and Started correcting.

>>> Bank Nifty Daily Chart - Posted on 01st Feb 2018 <<<

>>> Click the chart to see on full screen <<<

Posted Last Thursday - Bank Nifty Tested the Channel top - See what happened.

>>> Bank Nifty Daily Chart - Happened <<<

>>> Click the chart to see on full screen <<<

If holds below 26440 - may test 26150.

>>> Bank Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<

26150 or 25950 must hold for a pull back.

>>> Nifty PSU-Bank - Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Watch More action from PSU banks Stocks.

>>> CNX Pharma - Daily Chart <<<

>>> Click the chart to see on full screen <<<

Pharma stocks may feel the pain - as the Index looks for some more correction.

>>> N4A - Services <<<

Resistance @ 11110 - 11150.

Dear All,

>>> Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Price in between the channel - Break on Either side - Support or Resistance - to decide further.

>>> Bank Nifty Daily Chart <<<

>>> Click the chart to see on full screen <<<

Resistance @ 27580 - 27630 - Support @ 27000 & 27080.

>>> N4A - Whatsapp <<<

Fresh Request should be send with Name and Location. Existing Clients - If not getting messages - Shall Ping for the same. Cheers!!!


>>> N4A & Services <<<

Weekly Review - 29th Jan 2018

Dear All,

What is a False Breakout?

A false breakout is when price temporarily moves above or below a key support or resistance level, but then later retreats back to the same side as it started. This is the worst case scenario for a breakout trader that enters in a trade as soon as price breaks. We are immediately faced with a red arrow on our chart and the breakout we traded is looking less and less real.

The False Break Out pattern can something signals the beginning of a New Trend and the end of a current one. The chart above given - gave a break out and later on started to correct towards a wedge - means the end of Rally

>>> Nifty Weekly Chart <<<

>>> Click the chart to see on full screen <<<

It Looks like a Break out - and must hold above the wedge with a Resistance given on chart.

>>> Nifty Daily Chart <<<

>>> Click the chart to see on full screen <<<

A Hanging man on top of the chart on friday, Showing a Caution sign.


>>> Nifty Hourly Chart - Posted on 06th Dec, 2017 <<<

>>> Click the chart to see on full screen <<<

It was a time when every one was Bearish and gave more downside Target - Posted this chart on Blog - gave a Higher target as - Bullish Wolf Wave Pattern.

>>> Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Top channels - must get violated on either side for a direction. Below 11000 - first sign of weakness.

>>> Bank Nifty Weekly Chart <<<

>>> Click the chart to see on full screen <<<

Weekly Channel Resistance.

>>> Bank Nifty Daily Chart <<<

>>> Click the chart to see on full screen <<<

Price need to hold above channel and resistance @ 27480 - 27530 - 27600.

>>> Bank Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Support @ 27250 - 27060 - 26890.

>>> NIFTY IT - Weekly Chart <<<

>>> Click the chart to see on full screen <<<

More Rally Possible On all IT Stocks - if Holds the Support.

>>> Performance for the month end of January 2018 <<<

>>> Click the chart to see on full screen <<<

Above performance is not a Promise or guarantee for the given Profits or Loss.Performance given based on 1 lot at a time and clients Profit differ as per the margin availability and Number of Lots taken by them. We may or may not re-enter the Calls given here hit Stop Loss, as per market movement. The charts given above are just for educational purpose only and we don't recommend any Entry / Buy or Exit / Sell. Reader must taken their own decision or consult their qualified Analyst before making any decision.

>>> N4A & Whatsapp <<<

Weekly Review 22nd Jan 2018

Dear All,

>>> Nifty Weekly Chart <<<

>>> Click the chart to see on full screen <<<

Resistance @ 10920 & 11065


>>> Bank Nifty Daily Chart <<<

>>> Click the chart to see on full screen <<<

Resistance @ 26960 & 27600

>>> N4A & Whatsapp <<<

Support @ 10780 & Resistance @ 10885 & 10920

Dear All,

“Trends never turn on a dime. Reversals build slowly. The first sharp dip always finds buyers and the first sharp rise always finds sellers.” – Alan Farley

>>> Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Resistance @ 10885 - 10920 If breaks above may give fresh rally.

>>> Bank Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<

26885 - 26940 if breaks may give a Fresh Rally. Support if breaks may give correction.

>>> SBIN - Hourly Chart Posted Yesterday <<<

>>> Click the chart to see on full screen <<<

Posted Yesterday - that we are long.

>>> SBIN - Hourly Chart - Booked Profit Rs.30,000/- <<<

>>> Click the chart to see on full screen <<<

Booked Rs.30,000/- Profit and No Holdings Now.

>>> DRREDDY - Hourly Chart - Booked Profit Rs.25000/- <<<

>>> Click the chart to see on full screen <<<

Booked and Exited With Rs.25000/-. No HOldings Now.

>>> N4A - Whatsapp <<<

Send Request with Name and Location. Cheers!!!

Above 10800 - 830 - 855 Rally to continue till 10925

Dear All,

>>> Nifty Hourly Chart - Posted on 14th Jan 2018 <<<

>>> Click the chart to see on full screen <<<

Posted on 14th Jan, 2018 - Above 10730 may trigger fresh rally.

>>> Nifty Hourly Chart - More Rally Possible <<<

>>> Click the chart to see on full screen <<<

Price if breaks above the wedge - Fresh Rally to test 10830 - 10855 - 10925.


>>> Bank Nifty Hourly Chart - Posted on 14th Jan 2018 <<<

>>> Click the chart to see on full screen <<<

Posted that - Break above triangle - may give fresh rally

>>> Bank Nifty Hourly Chart - Fresh Rally going ON <<<

>>> Click the chart to see on full screen <<<

Next Levels are 26460 & 26960.

>>> SBIN - We are Long <<<

>>> Click the chart to see on full screen <<<

We are Long. Cheers!!!

Weekly Review - 15th Jan, 2018

Dear All,

The MYTH OF SHORT SELLING :-

Most Important Question to be asked before starting this story :-

Why do Traders Short Index and Stocks in Stock Market and loose money rather than believing in a Bull Market.

Short selling refers to the tactic of selling a stock without owning it, with the view that the price is likely to fall further and, hence, there is profit to be made by buying it back at a cheaper price. In Indian equity markets, short selling is typically undertaken via the futures and options route since short (sell) positions in the cash markets can be held only intra-day.

Its widely believed that Shorting give a fast money than a Long trade. Hence many chart analyst advice Short Selling than Making long. Some times they become a critics of economy, growth number, present govt and finally start believing in pessimistic approach. I personally believe or found that - these short sellers never take into account the Risk Vs Reward Ratio - some times they don't even have a Stop Loss, Kept saying that - Sell on Every Rise. Finally their loss become Un controllable.

I can say that - more than 60% to 80% of Derivative Traders Lost their Precious Hard Earned money - Either by Shorting or Buying PUTs - with out analyzing their risk and money management.

So why and how Shorts can be Utilized. Its simple to me that, Shorting can be done to Hedge or Protect your Longs or Profits. Either You Short a Future or Buy PUTS to Protect yourself from any major Losses in an Uncertain Market.

This doesn't mean that I am against Shorting the Market. When the Market ready to fall or Starts a Bear Phase - A Best Trade is to Short. But Unless you are not sure or clear about a Fall - When You short a Future Contract on Index or Stock or Buying PUT Options - will make Your Losses to Peak.

Most of the Traders make mistakes in identifying their Shorts Timing and met Huge Loss. When you are Long, Its easy to identify how far the Stock or index may fall by identifying its Support, Mean while - when a Stock or INdex Rise after you enter a Short - Its hard to find out - how long it will move UP and where you can Cut Your Loss and when to Exit Short.

A BAD SHORT is a Big Risk for Your Capital.


>>> Nifty Daily Chart <<<

>>> Click the chart to see on full screen <<<

Nifty closed above 10530 & 10660 - Next Resistance @ 10730 & 10760.


>>> NIFTY Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Price need to Cross above 10700 - 730 for a Fresh Rally and Short Covering. Support @ 10600 - Must break for a short term weakness.

>>> Bank Nifty Daily Chart <<<

>>> Click the chart to see on full screen <<<

Price Must trade above 25780 for a Rally till 26070.

>>> Bank Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Price need to cross above 26070 to test 26460 & 26960.Support @ 25530 & 25455 if breaks - Short Term Correction to start.

>>> NIFTY IT - Weekly Chart <<<

>>> Click the chart to see on full screen <<<

Expect a Bulls Best Friends from IT stocks - If IT Index Trades above 12180.

>>> Performance till 12th Jan 2018 <<<

>>> Click the image to see on full screen <<<

Above performance is not a Promise or guarantee for the given Profits or Loss.Performance given based on 1 lot at a time and clients Profit differ as per the margin availability and Number of Lots taken by them. We may or may not re-enter the Calls given here hit Stop Loss, as per market movement. The charts given above are just for educational purpose only and we don't recommend any Entry / Buy or Exit / Sell. Reader must taken their own decision or consult their qualified Analyst before making any decision

>>> N4A & Whatsapp <<<

>>> Click the image to see on full screen <<<

If You have already registered and not getting messages now - Just ping and inform to add agian. Cheers!!!