now you all are familiar with my reports of "Reference Levels  For Stock Futures"

i have today given book profit in one of my open position of Asian Paints Fu

on 28 march buy triggered at 3190 and today risk management signal to book profit at 3690 after touching 3787
a clear 15.68% profit

while in the same time nifty has fallen from 5197 to 4852 the fall of 6.64%

this clearly indicates that trend following works in any market conditions  the important thing is that choosing the stock-keeping stop loss and riding the stock until it says otherwise……….

Just read Below article that what Mar Faber Says about Trend Following

Today, government regulations and fiscal and monetary policies are badly distorting financial markets. Covel accurately explains why, in this 'manipulated' financial environment, you should never expect markets to move as you wish or expect. Rather, disregard your fundamental beliefs and simply follow the trend. Highly recommended!

As a contrarian investor I have been skeptical by default of trend following models. Still, after reading Michael Covel's excellent and eye opening book about some professional traders, who with iron discipline follow market trends up and down and in the process achieve impressive capital gains, I find myself more inclined to endorse a trend following approach to investments. In fact, I wished that at times I would have had the kind of discipline the trend followers have in terms of entirely reversing their investment positions once the trend dictated such a posture. I think that Michael's Trend Following is an outstanding read from which all investors can learn to trade markets better by limiting their risks and maximizing their profits through a more disciplined approach to investments.

BELOW ARE THE LEVELS WHICH WILL CHANGE THE DIRECTION OF THE SECURITY

NIFTY(cash) close above 5143 will change the trend in to up trend (bottom of wave c -bottom of wave 2 and bottom of wave b will be confirmed above this levels)

USD INR closing below 52.80 will change the trend in to down trend for USD(top of wave b will be confirmed below this levels)

Hello Members

from last few week i am posting technically strongest and weakest stock list.

market and stock particulars have corrected by time and price wise

from the educational purpose and how the trend following method works i am posting the buy list of the stock with entry price and will keep informing the exit levels after buy triggers so you can understand the importance of stock section,entry ,stop loss, booking profits and cutting losses   is  important in business of stock market.


hope you all like it and if u have any query or wants to discuss about stock market mail me

below are the stock which are technically strong and having risk to reward ratio in favor of buying .

all the levels are FUTURES

buy trigger only cross of the levels

maximum loss we consider is 8% from entry price

this is for the educational purpose only,please don't take position in any stock.before taking position consult your financial adviser/broker etc

ACC BUY ABOVE 1193

AMBUJA BUY triggered above 148 now stop loss 139

GRASIM BUY ABOVE 2400

ULTRATECH 1425

HUL-buy already triggered from 421 now stop loss  428
book at 428 now next buy above 436

ITC-BUY ABOVE 244

HERO MOTOR-BUY ABOVE 2000

BAJAJ AUTO-BUY ABOVE 1655

TATA MOTORS-BUY ABOVE 304

APOLLO TYRE-BUY ABOVE 86

BATA-at current price risk is high

HAVELLS-BUY ABOVE 576

OFSS-BUY ABOVE 2612

TTK PRESTIGE -BUY ABOVE 3160

LUPIN-BUY ABOVE 563

ASIAN PAINTS-book profit at 3690 (buy at 3190) at current price risk is high for buy

JUBILANT FOOD-BUY triggered sl 1100

BOMBAY DYIENGBUY ABOVE 535

KOTAK -BUY triggered above 553 sl 530

Thanks And Regards

Nishesh Jani

Professional Trader & Investor

BELOW ARE THE LEVELS WHICH WILL CHANGE THE DIRECTION OF THE SECURITY

NIFTY(cash) close above 5143 will change the trend in to up trend (bottom of wave c -bottom of wave 2 and bottom of wave b will be confirmed above this levels)

USD INR closing below 52.80 will change the trend in to down trend for USD(top of wave b will be confirmed below this levels)

from last few week i am posting technically strongest and weakest stock list.

market and stock particulars have corrected by time and price wise

from the educational purpose and how the trend following method works i am posting the buy list of the stock with entry price and will keep informing the exit levels after buy triggers so you can understand the importance of stock section,entry ,stop loss, booking profits and cutting losses   is  important in business of stock market.


hope you all like it and if u have any query or wants to discuss about stock market mail me

below are the stock which are technically strong and having risk to reward ratio in favor of buying .

all the levels are FUTURES

buy trigger only cross of the levels

maximum loss we consider is 8% from entry price

this is for the educational purpose only,please don't take position in any stock.before taking position consult your financial adviser/broker etc

ACC BUY ABOVE 1230

AMBUJA BUY ABOVE  148

GRASIM BUY ABOVE 2530

ULTRATECH 1427

HUL-buy already triggered from 421 now stop loss  428
book at 428 now next buy above 436

ITC-BUY ABOVE 244

HERO MOTOR-BUY ABOVE 2000

BAJAJ AUTO-BUY ABOVE 1655

TATA MOTORS-BUY ABOVE 304

APOLLO TYRE-BUY ABOVE 87.50

BATA-at current price risk is high

HAVELLS-BUY ABOVE 576

OFSS-BUY ABOVE 2612

TTK PRESTIGE -BUY ABOVE 3160

LUPIN-BUY ABOVE 563

ASIAN PAINTS-buy already triggred above 3190 now stop loss revised 3550

JUBILANT FOOD-BUY triggered sl 1100

BOMBAY DYIENGBUY ABOVE 535

KOTAK -BUY triggered above 553 sl 528

Thanks And Regards

Nishesh Jani

Professional Trader & Investor

on March 19 Report Published Nifty target 4880 Under Below Title

Golden Cross Over May Turn In To Golden Death

Below is the link to read in details

http://www.janibrothers.in/golden-cross-over-may-turn-in-to-golden-death/