18-09-2014 DAY PERFORMANCE: (should have tact to face waves)

18-9-2014 DAY PERFORMANCE:

Nifty bounced back against to many Traders wish (rather fear), without giving any breathing time and closed at respective level.   This kind of actions was expecting by us and go on cautioning all our people about the Derivative's range and support level along with FIIs Net sales details (including longs and shorts).  

As all we know, it is very easy to trade/sail with flow. But one should know tact to face waves along with predicting the situation.  For example fisherman generally predict the weather (with out much scientific equipment) and have the tact to face the waves while fishing.  They will not be blind / stubborn with feelings and they use all their experience to survive and as well as to have rich fishing.  Like that we/traders also should learn; how to face the return journey situation and how to predict the movement to safe guard our earning which we earned during warmly days.   

As we expected and mentioned in our morning Trend Report Nifty has taken support near 7930 level and had one side journey for the remaining day.

DAILY CALLS: (INFORMED TO TRY FOR POS)

GANESH HOUSING: BUY > 168 TRG 176 SL 163

ACTUAL: LOW : 167.20 HIGH : 174 (NOT INITIATED MOST THE DAY IT IS IN REVERSE JOURNEY WITHOUT BREAKING SL. CAN BE GOOD FOR POS)

JYOTILABS: : BUY > 244 TRG 260 SL 240

ACTUAL: LOW: 250 HIGH: 261 (NOT INITIATED TRADE.  CAN TRY POS)

GOOD VOLUMES WITH STRICT SL CAN GIVE MORE CHANCE TO EARN OR CHOICE TO RECOVER.   TRADING WITH STOP LOSS SHOULD BE 'RAMA MANTRA'.  

LET US PRAY FOR GOOD THOUGHTS, GOOD PRACTICE AND GOOD OPPORTUNITIES FOR ALL OF US TO GROW TOGETHER.