Dear Members of LEARN, TRADE & EARN,
In the stock market there is no room for error and carelessness. I have seen many people losing huge amount of money in the market due to carelessness and few people really make huge amount of money by following simple set of rules. One must be ultra careful while trading because in this game either you become millionaire or you become beggar!
Let us start understanding the market from last Friday, 27th Jan 2012….
On Friday we have seen nifty opening up higher, drifting down to lower levels and doing minor up-thrust only to recover later and close higher almost 50pts high. To sum up, we can say that nifty has done a testing on Friday and the volume seems to be reasonable hence it is a sign of strength.
We have seen continuous sign of strength on the background with nifty moving straight from 4600 to 5200 which is almost 600pts of straight line recovery with not even a 30-50pts of correction in between. So, we do not rule out correction of 100-200pts of from these levels. But in trading there is a rule, “Never “PREDICT” or “ANTICIPATE” the market, try to “REACT” to what the Market is telling by its behavior” and as of now market is telling me that I will move up, so it is advisable to trade with the trend and stay on the long side of the market.
Since the market is going up, we are holding long position and profits are flowing in our account on daily basis, but don’t become lazy and take it as granted that your profit will flow without any effort. We have to understand daily move of nifty and ensure that we are on the right side of the market.
Let us understand the expected nifty move on Monday…
A) Nifty continues to move up and close 30-50pts higher – Sign of Strength.
B) Nifty remains flat and closes +/- 10/20pts only – We need to see if there was sign of testing or up-thrust or mark-up or mark-down.
C) Nifty closes down 30-50pts lower – It may be a Sign of Weakness or just one day testing. Look at the volume, if volume is higher than it is a SOW, and if volume is low it is a SOS. But before confirming the SOW we need to wait and watch for the next day. If next day is down than it is SOW else we need to check.
D) Look for some clear indications - We may see some kind of “testing” on low to average volume which is sign of strength. We may see “Up-thrust” on high volume which is a sign of weakness.
The answer always lies in “WHAT” the tape says, not trying to figure out the “WHY”.
God bless you!
Regards,
Prof. Sameer Jain [Student of Market]
ONLINE TRADING PLAN - [LEARN – TRADE – EARN]
- This is not a conventional course wherein basics or advanced level of technical analysis are taught. Here we will focus on day to day activities in the market and understand them well using VSA techniques, candidates will trade accordingly and earn profit from informed trade. First, you will learn the market, then prepare a trading plan and once market endorsed you plan, you can trade and make profit.
- 2-3hrs online session per week to understand the Nifty moves.
- 4-5 Swing calls on Nifty with 100+ points gain in each call.
- Personal assistance provided for each candidate thru chat, over phone etc
- Course material will be provided on daily basis to learn the market. You don’t need to have any prior basic knowledge of technical indicators etc for this course.
- Chat facility with technical analyst will be provided. You will receive the daily market views which will be explained by our expert team. You can also watch the video and learn the secret hands operating behind the screen in the market.
COURSE FEE [INCLUDES SESSIONS & TRADING PLAN]
þ ONLINE TRADING PLAN [LEARN – TRADE – EARN]: Rs 20K/Month
Payment Details: - Credit Card, Debit Card, Net Banking using payment gateway
þ VeriSign Secured Gateway: http://hbjcapital.in/payment.html [Enter the Package Name - Learn, Trade, Earn & Amount INR 20K to proceed]
Contact Us: +91-9886403791 (24X7) | +91-9718979319 (24X7) | 080-65681133/34
0 comments:
Post a Comment