Nifty Update : Elliott Wave & Technical Analysis

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Added Updated Chart as on 09-06-13 in the Post below . Brief in Comment section.
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Elliott Wave & Technical Analysis for Nifty

Check out the Charts with Observations for Trading Probabilities - 

Technical Analysis for Nifty

Follow up from the last post -

Technical Analysis for Nifty

Below are Charts with Observations . Note the levels and signals carefully -

HAPPY NEW YEAR !!!

" Action speaks louder than words"  and a " Picture is worth Thousand Words" .

Below is the Picture that we traded in action this week at the Advisory ( and   surely it is worth more than thousands of Rupees to the Subscribers !!! )

Interesting Charts - Nifty

This is a follow up of some of the relevant charts posted earlier, that have changed the structure in today's rally. The Markets gives some message with each day and each trade.

Trading is a Business of managing uncertainities. If there was a certainity in the Maket ,it will cease to exist . Acceptance of uncertainity is a virtue and reacting to it is the way to trade . We all trade our beliefs in the arena and have no control over the markets , but importantly we can control our actions and be hedged against our own beliefs . The most difficult part of trading is to manage oneself in realtime , trade the screen , control the risk and leave the bias when price action says it to . All this can only come if the rules of the trading system are set in place and above all are followed with discipline. Let no loss go without a lesson and be able to shake the confidence .Probabilities have to be traded but with proper risk management. Easier said than done, but that is why only a few succeed here.

You Cannot Change The Direction of the Wind , But You Can Adjust Your Sails !!!

 

Jan LokPal Bill - Text & Analysis

For the first time in the 63 year history of our nation, the citizens have the opportunity to directly participate in the making of a law that will have significant and direct impact on their lives and the life of the nation. The country is today ridden by corruption. Whether it be routine transactions that involve the government or services and amenities and benefits provided through the public exchequer, the ordinary citizen pays a price daily in terms of harassment, delays, poor quality, absent infrastructure and in-equal access. What we need is an effective and independent institutional mechanism for tackling the malaise of corruption in this country. That institution is the Jan Lokpal.

India Against Corruption

"India Against Corruption" movement is an expression of collective anger of people of India against corruption. We have all come together to force/request/persuade/pressurize the Government to enact the Jan Lokpal Bill. We feel that if this Bill were enacted it would create an effective deterrence against corruption.