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Monday, November 16, 2009


thing a trader can do to increase their chances for long-term success? Market Wizard Michael Marcus gives us a glimpse with this insightful quote: “Taking advantage of potential major winning trades is not only important to the mental health of the trader but is also critical to winning. Letting winners ride is every bit as important as cutting losses short. If you don’t stay with your winners, you are not going to be able to pay for the losers. In addition to not overtrading, it is important to commit to an exit point on every trade. Protective stops are very important because they force this commitment on the trader.”

Do u remember on Friday ,I had written :

ALERT :Remember these two levels :4870 & 5048.Break below 4870 or closes below this level will create panic selling and freefall in mkt.

Above 5048 will take to 5167 level.

Black Monday was forecasted in case NF had closed below 4870 level.


Remember 5048 is Laxman Rekha.Two consecutive close will take to 5168 ,5200 level.

Today ,Above 5031 will kiss 5051-5058 level.

-Suppose crosses 5058 with volumes then ?

-Yes ,will zoom upto 5078-5085 level.

Again Iam writing ,Today will see unexpected move.

-Today’s High /Low very crucial for next 1 month.
Today Amavas + Moon & Venus conjuction.

-Let’s see…What will happen ?

Support :4972-3DEMA

7DEMA @ 4917.

-Today open to close down ?