Nifty : Zoomed Up 600 Points , Levels Bang On , What Next ????

Dear All,
                          On 4 July,posted that we are close to major support area in Nifty , kindly read http://abhaymehrotra.blogspot.com/2018/07/nifty-support-lower-levels.html


                                                               Below is the chart posted on that day

On July 12 First Tgt of Wave Completed 

Zoomed  Up From 10700 to 11037 Levels 

Kindly read .http://abhaymehrotra.blogspot.com/2018/07/nifty-zoomed-up-350-points-levels-bang.html

                                                       

Today Completed Second  Tgt of Wave C 

Zoomed Up from 10700 to 11300 today 

What Next ???

Resistance @ Higher Levels 

Imp: This Update is for Educational Purpose Only 

M: 9873511276

Thanks & Regards 

Abhay Mehrotra 

Nifty Psu Bank Index : Zoomed Up 12% , Levels Bang On !!!!!

Dear All,
                                         On July 9 posted that , Nifty Psu Bank Index might be close to support , http://abhaymehrotra.blogspot.com/2018/07/nifty-psu-bank-index-support-lower.html


                                                               Below is the chart posted that day

What Happened After  Update 

Nifty Psu Index Zoomed Up from 2772 to 3111

Imp : This Update is For Educational Purpose Only 

M : 9873511276 

Thanks & Regards 

Abhay Mehrotra 

Copper: Zoomed Up 6% From Exact Support , Levels Bang On !!!!!!

Dear All,
                                      On July 12 posted that Copper Might find support @lower levels, kindly read http://abhaymehrotra.blogspot.com/2018/07/copper-support-lower-levels.html


                                                        Below is the chart posted that day 

What Happened After Update 

Copper Made low at 409.55 and Zoomed up to 433 levels

Imp: This Update is for Educational Purpose Only 

M :9873511276

Thanks & Regards 

Abhay Mehrotra 

Nifty Metal Index : Zoomed Up 6% , Levels Bang On !!!!

Dear All,
                                              On July 18 posted that Metal Index can bounce from lower levels , kindly read http://abhaymehrotra.blogspot.com/2018/07/nifty-metal-index-set-for-bounce-from.html


                                                             Below is the chart posted that
 

What Happened After Update 

Metal Index Hit Support and Zoomed Up

From Low of 3062 to 3245 till now 

Imp: This Update is for Educational Purpose Only 

M :9873511276 

Thanks & Regards 

Abhay Mehrotra 

  

Nifty FMCG Index : Resistance @ Higher Levels ???

Dear All,
                                               We are Close to Major resistance in Nifty FMCG Index

Imp: This Update is for Educational Purpose Only 

M : 9873511276 

Thanks & Regards 

Abhay Mehrotra 

TSX INDEX (CANADA) : Resistance @Higher Levels ???

Dear All, 

                                                       We might find  Resistance @ higher Levels 

Imp: This Update is for Educational Purpose Only 

M :9873511276

Thanks & Regards 

Abhay Mehrotra 

Nifty Auto : Cracked 6% , Levels Bang On !!!!!

  Dear All,
                            On 2 May posted that we Nifty Auto might have hit resistance ,kindly read http://abhaymehrotra.blogspot.com/2018/05/nifty-auto-hit-speed-breaker.html

                     
                                                        Below is the chart posted that day

What Happened After Update 

Nifty Auto Cracked from 11508 to 10770 

Imp : This Update is for Educational Purpose Only 

M : 9873511276

Thanks & Regards 

Abhay Mehrotra 

Nifty MidCap 50: Support @ Lower levels, Will IT Hold ???

Dear All, 

                                      We are Very Close To Major Support Levels In Mid Cap 50 

Imp: : This Update is For Educational Purpose Only 

M :9873511276

Thanks & Regards 

Abhay Mehrotra 

Nickel : Cracked 7% , Levels Bang On !!!!!!!

Dear All,
                                  On 4 July posted that We might hold resistance @ Higher Levels , kindly readhttp://abhaymehrotra.blogspot.com/2018/07/nickel-resistance-higher-levels.html


                                                          Below is the chart posted that day

What Happened After Update 

Nickel Cracked from 985 to 910 levels 

Imp: This Update is for Educational Purpose Only 

M : 9873511276 

Thanks & Regards 

Abhay Mehrotra 

Nifty Metal Index : Set For Bounce From Lower Levels ???

Dear All,
                                               We are close to major Support levels In Nifty Metal Index

Imp: This Update is for Educational Purpose Only 

M :9873511276

Thanks & Regards 

Abhay Mehrotra 

Crude Oil : Levels Went Wrong , What Next ???

Dear All,
                            On 15 May posted that we might support @lower levels , kindly read http://abhaymehrotra.blogspot.com/2018/07/crude-oil-support-lower-levels.html


                                                           Below is the chart posted that day

What Happened After Update 

Our Levels Went Wrong 

Crude Broken Support levels

What Next ???

Imp : This Update is for Educational Purpose Only

M :9873511276 

Thanks & Regards 

Abhay Mehrotra 

Gold : Cracked 1200 Points , Levels Bang On !!!!!!

Dear All,
                                             On May 3 posted that Gold is trading at Imp Levels , kindly read http://abhaymehrotra.blogspot.com/2018/05/gold-make-or-break.html

                         
                                                          Below is the chart posted that day

                                                            What Happened After Update

                                              Gold Cracked from30925 to 29701 levels so far

Imp: This Update is for Educational Purpose Only 

M :9873511276

Thanks & Regards 

Abhay Mehrotra  

Nifty Pharma Index : Perfectly Bounced From Support , Time to Be Bull ???

Dear All,
                               On 14 April posted that we might find support @ lower levels , kindly read http://abhaymehrotra.blogspot.com/2018/04/nifty-pharma-bullish-flag-ready-steady.html


                                                         Below is the chart posted on that day

What Happened So Far 

Time to be Bull Again ???

Imp: This Update is for educational Purpose Only 

M: 9873511276 

Thanks & Regards 

Abhay Mehrotra 

Nifty MidCap 50 : Cracked 12% , Levels Bang On !!!!!!!!

Dear All,
                           On 2 May Posted that Nifty Midcap 50 has hit resistance , kindly read http://abhaymehrotra.blogspot.com/2018/05/nifty-mid-cap-50-seems-to-be-capped-up.html


                                                         Below is the chart we posted that day

What Happened After Update 

Nifty Midcap Cracked from 5365 to 4730 levels so far 

Imp: This Update is for Educational Purpose Only 

M : 9873511276

Thanks & Regards 

Abhay Mehrotra 

Nifty Pharma : Cracked 4.5 % , Levels Bang On !!!!!!

Dear All,
                                      On July 8 posted that we spotted  Double top in Pharma , kindly readhttp://abhaymehrotra.blogspot.com/2018/07/nifty-pharma-double-top-will-it-work.html


                                                          Below is the chart we posted on that

                                                               What Happened After Update

                                           
                                                  Nifty Pharma cracked from 9198 to 8753 till now

Imp : This Update is for Educational purpose Only 

M: 9873511276

Thanks & Regards 

Abhay Mehrotra 

Crude Oil : Support @ Lower Levels ???

Dear All,
                                                  We might be at Imp Support Levels In Crude

                                            Imp: This Update is for Educational Purpose Only

                                                                    M :9873511276

                                                                  Thanks & Regards

                                                                      Abhay Mehrotra

             

Lead : Down Trend to Continue ???

Dear All,
                                                         Lead seems to be in Major Down Trend

Imp: This Update is for Educational Purpose Only 

M : 9873511276

Thanks & Regards 

Abhay Mehrotra 

Aluminium : Cracked 12%, Levels Bang On !!!!!!

Dear All,

                          On May 9 , posted that we might face resistance @higher levels , kindly read 

http://abhaymehrotra.blogspot.com/2018/05/aluminium-resistance-higher-levels.html

                                                                Below is the chart posted that day 

What Happened After Update 

Aluminium Cracked from 161 to 141 levels 

Imp: This Update is for Educational Purpose Only

M :9873511276

Thanks & Regards 

Abhay Mehrotra 

Copper : Support @ Lower levels ???

Dear All,
                                                    We are getting close to Support levels in Copper

Imp : This Update is For Educational Purpose Only 

M : 9873511276

Thanks & Regards 

Abhay Mehrotra 

Nifty : Zoomed Up 350 Points, Levels Bang On !!!!!! What Next???

Dear All,             

                                                              On 4 July posted that Nifty has good Support , kindly read http://abhaymehrotra.blogspot.com/2018/07/nifty-support-lower-levels.html


                                                           Below is the chart we posted that day

What Happened After the Update 

Nifty Zoomed 350 Points from 10700 to 11050 so Far 

What Next On Nifty ???

Imp: This Update is for Educational Purpose Only 

M : 9873511276 

Thanks & Regards 

Abhay Mehrotra 

The Art Of Trading Without Trading !!!!!!!!!!!!

Dear All,


                                   I start with Quote from One of the Best Trader of All time Jesse Live more

" After spending many years in Wall Street and after making and lossing millions of dollors I want to tell you this : It never my thinking that made big money for me . It always my sitting . Got that ? My sitting tight ! It no trick at all to be right on markt " .............Jeese livemore

Here Jesse reffreing to sitting tight for trade that is according to your trade plan . You need to wait , wait and wait till right setup comes in market as per you trade plan .


   The Biggest Edge the retail trader has , is not to trade .........surprised , let me explain , most of strong                        hands like Fii , Dii need to be have positions in market every time ......regardless of market conditions .
       
    We as retail traders has got this "Big Advantage" Not to trade when our trading plan don't permit us You can't control market prices , only thing that you can control is to put your money on trades when and only when your trading plan gives you desired conditions to go for trade ,like risk reward ratio to do so .


But we are not aware of this advantage or should i say never think of it .......just give a thought , in whole trading  process what is under your control ......"your entry price "  is the only thing that you can control .........if you use limit price order ........in market price order even that is also not sure at which price you get filled for trade , then why you jump on trades without giving a thought that if you are not getting desired entry price and you have not put a trade is your advantage .....by not trading you are using it as your advantage.

The problem with most of traders is that they want profit on every trade , want to trade every swing of market  and ultimately take losses in market .

Intra day Trader - Only concentrate on 2-3 trades max in a day , if you cant find a single trade as per your trading plan ......dnt worry you just have use your biggest advantage in your favour

Swing Trader -Only concentrate on 2-3 trades max in a Week , if you cant find a single trade as per your trading plan ......dnt worry you just have use your biggest advantage in your favour

Positonal Trader - Only concentrate on 2-3 trades max in a Month , if you cant find a single trade as per your trading plan ......dnt worry you just have use your biggest advantage in your favour

Dnt Trade Market , Trade according to your Trading Plan.


Next time you want to take a trade think 100 times why your taking that trade .........as you will be using the only and the only biggest advantage you have as a trader by simply not trading   .


Hope you have find this article useful

M : 9873511276

Thanks & Regards

Abhay Mehrotra

Bank Nifty : Zoomed Up 700 Points , Levels Bang On !!!!!!!

Dear All,
                                   On 4 july posted that We spotted Double Bottom in Bank Nifty
Kindly Read http://abhaymehrotra.blogspot.com/2018/07/bank-nifty-will-double-bottom-hold.html

                                                    Below is the chart we posted On That day

What Happened After Update 

Bank Nifty Zoomed from 26200 to 26956 Levels 

Imp: This Update is for Educational Purpose Only 

M :9873511276

Thanks & Regards 

Abhay Mehrotra 

Nifty : Zoomed Up 250 Points , Levels Bang On !!!!!

Dear All,
                                               We posted on 4 July that Nifty is at Major Support Levels
Kindly read http://abhaymehrotra.blogspot.com/2018/07/nifty-support-lower-levels.html

What Happened After It 

Nifty Zoomed Up 250 Points so far 

Imp: This Update is For Educational Purpose Only 

M : 9873511276

Thanks & Regards 

Abhay Mehrotra 

Nifty Psu Bank Index: Support @ Lower Levels ???

Dear All,
                                                      We are trading at Imp levels in Nifty Psu bank Index

         

Imp: This Update is for Educational Purpose Only 

M : 9873511276 

Thanks & Regards 

Abhay Mehrotra 

Nifty Pharma : Double Top !!!! Will it Work ???

Dear All,
                                                     We spotted Double Top in Nifty Pharma

Imp: This Update is for Educational Purpose Only 

M :9873511276

Thanks & Regards 

Abhay Mehrotra 

NIFTY IT : Resistance @Higher Levels ???

Dear All,
                                                                 Nifty IT trading @ Imp Levels

Imp: This Update is for Educational Purpose Only 

M : 9873511276 

Thanks & Regards 

Abhay Mehrotra 

Zinc : Complete Analysis !!!!!!!

Dear All,
                                                   

                                                                 Zinc Major Trend is Down

                                                               Wave C is going on downside

Head & Shoulder Break down 

On Short term basis ...a Minor Support 

exists @ lower levels

Will it bounce ???

Imp: This chart is for educational Purpose 

M :9873511276

Thanks & Regards

Abhay Mehrotra 

How to Become Doctor In Two Days !!!!!!!!!!

Dear All,
               


  Can you think of becoming Doctor in 2 Days , Then why people think that they can become                                         trader in 2 Days ???.

Trading like any other Professions require Following steps  to Succeed

1. Training :  Have you seen any body  becoming doctor / engineer / lawyer in 2 days forget about being sucssecful , the answer is no

Doctors go through rigirous Training , MBBS - 5 years + M.S. -- 2 Yrs , then they practise in some hospital for 2-3 Years and then they stand on there own . Total Min yrs Spent on learning or Training 10 Yrs .

Lawyers  complete LLB in 5 Yrs & After practising for atleast min 5 yrs can think of starting on their own . Min ysr spent on learning or Training  10 Yrs.


Professional Players spent hours & hours on training , Tiger Woods used to have training schedule of 12 Hours per days , Our Great Sachin tendulkar Used to train min 6--8 Hours Daily on Nets .


Remember Your are Competing with one of the best & sharpest Mind in the world of Trading , You dont have slimest of chance if you are not prepared well.


Becoming a Professional Trader require rigirous amount of training , which most people dont do and then they loose there money in Market .






2. Planning :  Doctors have a set guide lines / Dignosis which they follow in treatment of people / same applies to professional athelets , they plan there innings or game and then tacticaly execute them on field .

As a Trader have  you ever plan your trades or Have gone through these question before taking Trades

1.Why Trading ......... Have you ever asked yourself why you want to trade ??

2. Your Style of Trading .... Positional / Swing / Intra day ??

3.What's your Edge in Trading ???

4.How much time you devote In studying Markets ??

5.Have you define which markets will you trade ???

6.On what basis you decide to enter into a trade ???

7.Exit criteria ??

8. Money Management rules ??

9. Position sizing ???

10. Are you having a Written Trading Plan ??



You need to Plan your Business of Trading  else chances of success are almost Nil .



3. Discpline : Doctors / Lawyers / Professional Athelets / Engineers they follow discpline in these profession , same applies to Trader's Also . Displine to follow your Trading plan make the diffrence between a Professional  Trader or Amatuer Trader .


The moral of the Story is you need intense Training / Planning / Discpline to be come a Profitable Trader ...........else you will kepp loosing money .




Thanks & Regards

Abhay Mehrotra

M :9873511276

Bank Nifty : Will Double Bottom Hold ???

Dear All,
                                                             We spotted Double Bottom in Bank Nifty

Imp: This Update is For Educational Purpose Only 

M : 9873511276

Thanks &  Regards 

Abhay Mehrotra

Nifty : Support @ Lower Levels ????

Dear All,
                                                   We have  major Support @ lower levels in Nifty

Imp: This Update is for Educational Purpose Only 

M : 9873511276 

Thanks & Regards 

Abhay Mehrotra