BraViSa TempleTree-India Market Calls
- Thread starter d_s_ramesh
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Thank you puneet aro for your compliments. Sorry for the late reply, I was more attentive in posting updates and in that I missed viewing your message properly.
Thanks for considering an expert, but I am not. TA is an ocean and Markets are far beyond, I am just a droplet. There is abundant knowledge which is yet to be acquired. First hand experience in the markets with real money gives the necessary edge required to trade or even invest in the markets.
Any amount of theory does not work here. It is Human psychology largely at play here in the markets. To me even paper trading does not prepare you well, nothing to beat real money experience. I don't mean that theory is not necessary, both theory and practical experience need to be balanced.
Going behind the mass market will not work, we need to have an edge. We should have our own unique approach to the markets. Have a fully tested trading system which exactly suits your psychological process. Then the discipline to follow that system without cross judging the signals. Of course even well tested systems needs to be tweaked few times to adjust market dynamics.
About the 3 times returns: Markets worldwide are very weak, no index for that matter is having strength to move up. This is the whole market scenario. But there are some Sectors and Industries which are shining bright even at these turbulent periods. One among them is the LUXURY goods sector, Jewellery etc. You can find TITAN here giving higher high every other and show no signs of tiredness.
Markets being weak in itself is a boon to us traders. Shorts give fast returns than long trades. It is said that bulls climb through the stairs while bears jump through the window. Today there was a regulation in Germany to ban naked short sales. What is the message from this news? The Governments across the globe are panic struck, the damage is caused with unbalanced growth. When the failure is showing up they are running for cover, but one after one the pile of mistakes are going to tumble down on them.
Already US markets made a similar effort when Lehman Brothers and Meryl Lynch collapsed making bears run amok in the markets. Short sale regulation became counter productive and markets saw renewed reason to fall again. Within three months from imposing the ban, they were forced to lift it back.
What does all these news provide? An icing on the cake, Just keep shorting markets, and know what you will laugh all the way to the bank. One mans difficulty is another mans gain, let the governments pay it out in their way, we shall make big time gains from their mistakes.
A single lot of NIFTY needs around 25K margin. We suggest you trade one lot of NIFTY with a capital of 1 lakh. If you are able to make 60 points per month as profit either long or short, you make 3k per month. This would give you 36% returns PA. Is this not a lucrative return compared to any benchmarks.
This can be achieved by just following some simple rules with discipline. There can be few months with losses, but that gets repaid in those months which have robust gains. A simple crossover system traded on Nifty has returned 150% gains for the year 2009-10. Isn't it amazing.
Put your heart and soul into any profession, you cannot but be successful and be in the top of your career. I believe you will grow to your genius levels in what ever field you take up.
Happy trading.
(I apologize that I was not able to spell check as I have to attend to market works)
Thanks for considering an expert, but I am not. TA is an ocean and Markets are far beyond, I am just a droplet. There is abundant knowledge which is yet to be acquired. First hand experience in the markets with real money gives the necessary edge required to trade or even invest in the markets.
Any amount of theory does not work here. It is Human psychology largely at play here in the markets. To me even paper trading does not prepare you well, nothing to beat real money experience. I don't mean that theory is not necessary, both theory and practical experience need to be balanced.
Going behind the mass market will not work, we need to have an edge. We should have our own unique approach to the markets. Have a fully tested trading system which exactly suits your psychological process. Then the discipline to follow that system without cross judging the signals. Of course even well tested systems needs to be tweaked few times to adjust market dynamics.
About the 3 times returns: Markets worldwide are very weak, no index for that matter is having strength to move up. This is the whole market scenario. But there are some Sectors and Industries which are shining bright even at these turbulent periods. One among them is the LUXURY goods sector, Jewellery etc. You can find TITAN here giving higher high every other and show no signs of tiredness.
Markets being weak in itself is a boon to us traders. Shorts give fast returns than long trades. It is said that bulls climb through the stairs while bears jump through the window. Today there was a regulation in Germany to ban naked short sales. What is the message from this news? The Governments across the globe are panic struck, the damage is caused with unbalanced growth. When the failure is showing up they are running for cover, but one after one the pile of mistakes are going to tumble down on them.
Already US markets made a similar effort when Lehman Brothers and Meryl Lynch collapsed making bears run amok in the markets. Short sale regulation became counter productive and markets saw renewed reason to fall again. Within three months from imposing the ban, they were forced to lift it back.
What does all these news provide? An icing on the cake, Just keep shorting markets, and know what you will laugh all the way to the bank. One mans difficulty is another mans gain, let the governments pay it out in their way, we shall make big time gains from their mistakes.
A single lot of NIFTY needs around 25K margin. We suggest you trade one lot of NIFTY with a capital of 1 lakh. If you are able to make 60 points per month as profit either long or short, you make 3k per month. This would give you 36% returns PA. Is this not a lucrative return compared to any benchmarks.
This can be achieved by just following some simple rules with discipline. There can be few months with losses, but that gets repaid in those months which have robust gains. A simple crossover system traded on Nifty has returned 150% gains for the year 2009-10. Isn't it amazing.
Put your heart and soul into any profession, you cannot but be successful and be in the top of your career. I believe you will grow to your genius levels in what ever field you take up.
Happy trading.
(I apologize that I was not able to spell check as I have to attend to market works)
NIFTY is a Bear Hug!!!
NIFTY breached 4950 support which was held strong in the earlier bear moves and has closed lower. 38 stocks from the NIFTY list are bearish, 10 in the sideways and only 2 stocks are in the bullish side today. Very strong bearish sentiment has got hold of NIFTY. So far today, Indian markets have been the highest losers with a close to 3% loss on Index values.
Bearish sentiment is likely to continue further, the next minor support is at 4810 levels. On breach that the next stop can be at 4730, which is quite far away from todays close, but bear markets have the potential to do big time falls. Our short trade on the hourly charts has given amazing moves today, at close we are up close to 150 points in paper profit. How much from that is hard gains will be seen in the next session.
Global markets at present does not show much weakness, hold on to stops. Turnarounds can be swift too as governments across the globe are desperate to arrest the fall in the Financial markets. They are resorting to all measures; some can be adverse like the German Government move yesterday.
FINANCIALS and BASIC MATERIALS Sectors were big time losers today both losing more than 3% on their index values. Metals Industry segment on the whole have lost big time today with losses ranging between 3-4.5% on Index values. Private sector Banks have given back 4.5% on its Index. ICICIBANK has lost a whopping 7.30% today followed by KOTAKBANK losing above 5%.
Financial community is losing Investor confidence worldwide at a very fast pace. Governments running helter shelter to bail out these financial behemoths gives suspicion as to some big disasters are waiting to happen. Those invested in the Financial may please review their positions. There was indication in the 3rd quarter of 2010 that this Industry is in trouble. While most of the Industry segments were advancing at a rapid pace. FINANCIAL Sector went into side ways mode.
The catch up rally took off late at the end of first quarter 2010, which favored exit route for the smart money. The weakest Industry today was Auto LCV & Tractors; TATAMOTORS goes down by 7.4%. The strongest Industry group was Auto 2 & 3 Wheelers, which has lost only 0.44%.
NIFTY breached 4950 support which was held strong in the earlier bear moves and has closed lower. 38 stocks from the NIFTY list are bearish, 10 in the sideways and only 2 stocks are in the bullish side today. Very strong bearish sentiment has got hold of NIFTY. So far today, Indian markets have been the highest losers with a close to 3% loss on Index values.
Bearish sentiment is likely to continue further, the next minor support is at 4810 levels. On breach that the next stop can be at 4730, which is quite far away from todays close, but bear markets have the potential to do big time falls. Our short trade on the hourly charts has given amazing moves today, at close we are up close to 150 points in paper profit. How much from that is hard gains will be seen in the next session.
Global markets at present does not show much weakness, hold on to stops. Turnarounds can be swift too as governments across the globe are desperate to arrest the fall in the Financial markets. They are resorting to all measures; some can be adverse like the German Government move yesterday.
FINANCIALS and BASIC MATERIALS Sectors were big time losers today both losing more than 3% on their index values. Metals Industry segment on the whole have lost big time today with losses ranging between 3-4.5% on Index values. Private sector Banks have given back 4.5% on its Index. ICICIBANK has lost a whopping 7.30% today followed by KOTAKBANK losing above 5%.
Financial community is losing Investor confidence worldwide at a very fast pace. Governments running helter shelter to bail out these financial behemoths gives suspicion as to some big disasters are waiting to happen. Those invested in the Financial may please review their positions. There was indication in the 3rd quarter of 2010 that this Industry is in trouble. While most of the Industry segments were advancing at a rapid pace. FINANCIAL Sector went into side ways mode.
The catch up rally took off late at the end of first quarter 2010, which favored exit route for the smart money. The weakest Industry today was Auto LCV & Tractors; TATAMOTORS goes down by 7.4%. The strongest Industry group was Auto 2 & 3 Wheelers, which has lost only 0.44%.
Opening bell
A relatively smaller losses on the US Indices which recouped from an above 1% fall at the time of opening gave some positive bias to the markets. Following which their Asian counterparts opened positive and so did India. But initial euphoria failed to add momentum and waned back.
Indicators show bullish divergence on the hourly charts, while Daily charts have pretty high strength on the bearish side. Any move cannot be one sided, there needs to be some pull backs, change of trends and so on to keep us traders amused.
Hold on to shorts on the SAR system, but risk averse traders can close positions above today's high and realize their profits, with market reaching for lows towards the close of the previous bar, we do not expect the days high to be taken off immediately. There is a possibility of subsequent highs which would need further close monitoring.
We will update the next moves as it comes...
Happy trading.
A relatively smaller losses on the US Indices which recouped from an above 1% fall at the time of opening gave some positive bias to the markets. Following which their Asian counterparts opened positive and so did India. But initial euphoria failed to add momentum and waned back.
Indicators show bullish divergence on the hourly charts, while Daily charts have pretty high strength on the bearish side. Any move cannot be one sided, there needs to be some pull backs, change of trends and so on to keep us traders amused.
Hold on to shorts on the SAR system, but risk averse traders can close positions above today's high and realize their profits, with market reaching for lows towards the close of the previous bar, we do not expect the days high to be taken off immediately. There is a possibility of subsequent highs which would need further close monitoring.
We will update the next moves as it comes...
Happy trading.
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