What drives the market?

The Market is actully driven not just by the Technical/traders ...The sentiments and rumours are very much vital and that many time changes the direction of the ongoing market..The Statebank is going to merge all its associate companies.This is what the actual news came out and that drove the whole scenario of the market.

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Today morning opening onwards, the market was struggulling to move up...in 9540.00 level and certainly it shoot up to 9600 + levels and there on to the day peak of 9736.00.The day low was 9500.00.(Low to high is > 236 points).

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I don't know how many traders were caught in the hold of the devil and lost huge money today !!...i feel really sorry for them. i am sure many would have...During the closing why the market fell from the peak 9710.00 to 9560.00 level ...that too it happened less than 20 minutes..? What kind of weakness is seen certainly in the market?

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As i used to say,...as if some one who holds the consoles of the market and push the button here and there as per the mood or whatever..and the market instantly raise upto 200 +points and fall down to 200- points..No logic is'n it ? ..This is what the spirit of the ultimate gambling.

Banknifty Future Intraday Update

Almost everyday we have been sharing all our trades with our readers and most of the trades we do is a success storey...Each day we face the market with a new approach..like how an infant wonder whatever it may encounter..We do the same and approcah the market with a blank slate of mind.So that we can really check and update each and every ongoing pulse or trend of the market.That is what the secret behind all our success's, almost in all trades we may attempt .

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Today the intraday sentiments of the mass's are uptrend. but we just think different (Alternative thinking) and waiting for a short at high and succeded in our two attempts.One is at the day high and covered just now at 9508.00.The most important thing here is we did'nt offer SL..'Both the trades were done without stoploss'..and we waited patiantly almost more than 2 hours..without blinking our eyes and we have finally achived our desired Target.All our clients are happy.

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No positions on hand...Waiting for a fresh Position like a crane who wait to catch fish on the running water.!!!

The Day was a boon for many of our positional trader

Hi friends and fellow traders..

Today was a day of significance ' as far as our positional traders are concerned'....

Apart from intraday we do give tips for positional banknifty future-as an bonus for all our paid clients.We had a short on hand and last friday we were worried,.. certaintly the market shoot up and we felt we missed the chance,though technically we are right.The friday late news came out in the media about 'Golman' Sue's and the world market were instantly over reacted and were traded in read. After hering the news we were glad the world cue's are turned to our favour.That gave us lot of hope.

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Today, before the market opening itself, we asked all our positional traders to place buy order at 9203.00level and it did'nt work and we had a chance to cover our short between 9220-40 level.Many of our clients are overwhelmed with joy.i like to give one of the clients mail here-

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Mail from my inbox
Hello sir,
Thanks for the e-mail regarding bank nifty update.

Thanks for the care & all the support and in single positional short entry we will be making more than 15K what a great feeling….thanks
Again.

Osho Quotes:

"All the Buddha’s of all the ages have been telling you a very simple fact: Be -- don't try to become. Within these two words, be and becoming, your whole life is contained. Being is enlightenment, becoming is ignorance."

"If you wish to see the truth, then hold no opinion for or against."

Regards,
Nikhil

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