Discipline - Follow the Rule

Always we should follow our own Rules...

Natural Gas we have initiated buy, it has moved from our Level to almost 1.80 paise, but, not the target hit..

Again,it has cut the level, where we have initiated buy...

So, we have exited the trade with cost to cost, with no lose...(more important), as per rule defined by us. No regrets...

Our Message is...

       - As per rule we have exited..no regrets
       - We should never carryover the position with assumption/confusion.
       - We should never over read the Market..
       -  If the Trend (Market) says, reversing, then we have to accept and close the trade.
       -  We should never fight against the level.
       - We should never regret if hit our target after exit our position...market is always above all.
      -  Moreover, we should never lose money...we have other opportunity...but, if you hold your trade knowingly going below our level..then it is a crime and it will harm your capital one day...

So, always follow the Rule, what we have fixed and teached to you.

Take Care.

Natural Gas - Plese close the trade cost to cost

Natural Exit cost to cost 227.90....before hitting our target 230.45 (today high made is 229.50)...candle closed below crucial bottom level...

So, exit cost to cost...

Take Care....

USDJPY

USDJPY trading near to crucial target level of 102.19...again if breaks 102.49... Nikkei will go further higher levels..

If not able to sustain 102.49..and reverse, then Nikkei and all other major incides will reverse from higher levels.

This is not for information...this is for your trading knowledge...this message is having valid input for our Nifty Trade.

Crude

Crude Just Relax.

It is trading near to the trend deciding level of 6051.....

Buy or Sell ?

Read our Weekly Chart and decide...

We will update our view in the appropriate time in our following link.

http://www.niftymetals.com/login.php

Gold - Hit our Top Target of Daily

Gold refer our previous post...just our target hit.....

Gold buy initiated 28007 (as marked) and booked at 28078.....since, it has hit our top..

Gold

Gold buy initiated at 28007

First Target 28068 and 28098 / 28142

S/l  - 27971 and keep trailing s/l if moving towards targets.....as per rule.

Natural Gas

Natural Gas today buy initiated at 227.90...for a target of 230.45 / 231.70...

Stop Loss 225.90....

Bank Nifty

Bank Nifty, hit our last target (refer weekly level)...if cuts again last level and stay below our last Red Level.....or use Daily Level and reversal,.simply you can initiate short and keep s/l as per our Rule.

As such wait and watch for opportunity....

Ambuja Cements

Ambuja Cement is looking weak as per closing....our strategy sell on raise in the appropriate level and time..read our weekly level.

Target as per our Miracle Level 189.80...

Do homework and prepare strategy....before trade...

ONGC

ONGC not at all trend is up....Intermediate our target 376...(only reversal and based on opportunity sell and buy)....

Sure Buy Level 349.50...

Do homework and take trade...

38% profit on Put Option Achieved Yesterday

Refer our post - we told "our challange" we will make 38% return (ROI) in one trade...we have posted our report how to take trade..as said, yesterday Nifty 7900 put has initiated buy at 111.05...and High was 175.95  - yourself calculate what is the percentage of return from our buy level.

Yesterday Nifty has given sell signal - close below our Red Level...see the above chart..

At the same time Nifty 7900 Put Initiated close above our Red Level - see the below chart.

This needs homework, since, we did our homework in advance..it is achieved..

Now, we will wait for next opportunity...as such no trade...Neither in Nifty nor in Options.