WELCOME TO NIFTYPAISA !!!
Nifty is still playing tricky, going against the world markets trend and starting its upward journey again. But, of course facing stiff resistance and giving up partial gains same day or the next day itself. It still appears two-step forwards and one-step backwards - which means one-step forward, right? Well, not exactly... If only Stock Markets would have been so straightforward and follow simple "MATHS" and technical analysis principles.
We received had asked for "name suggestions" for the website from our dear subscribers and overwhelmingly NIFTYPAISA was most favoured. Thank you dear members for such a wonderful support.
We will make sure that NIFTYPAISA stays true to its name and help you earn lots of money (Paisa) from NIFTY(& Stocks).
We had a great past week after a relatively average previous week, all the old members knew this was coming. "LAW OF AVERAGES" caught up with us in the WEEK 12 to 16 after 100% Accuracy in 1st week of April and NOW again we had 100% Accuracy in the week after. So, the message is "ups & downs" are always there but we make sure that UPS are more and Bigger and DOWNS are smaller and few.. Thats RISK MANAGEMENT for you.
RISK MANAGEMENT RULES (from Warren Buffet):
RULE No. 1. Never Lose Money
RULE No. 2: Never Forget Rule No. 1
That is so true for NIFTYPAISA....
We may sit and do nothing or book small profits rather than lose money, right?
Website will go through a phase of revamping now without affecting any of current services or subscribers.
Some of the charges will also be changed, depending on the RETURNS & ACCURACY over a period of past few months. BUT, remember we mentioned CHANGES and not INCREASE, that simply means that some charges may increase while some may decrease as well. Does that happen anywhere else? NEVER !!!
NIFTY: (+75 Points)
BOOKED: Sell @ 5330 (15th APR) Closed @ 5255 (20th APR)
BANK NIFTY: (183 + 353 = 536 Points)
BOOKED: Sell @ 9575 (12th APR) Closed @ 9392 (1th APR)
CALL OPEN: Buy @ 9460 (20th APR) CMP 9813 (+353 POints)
CNX IT: (115 + 13 = 128 Points)
BOOKED: Buy @ 5975 (13th APR) Closed @ 6090 (19th APR)
CALL OPEN: Sell @ 6030 (20th APR) CMP 6005 (+13 POints)
FREE OPTION WRITING (100% SAFE):
Sell Nifty 5400 CE @ 55 & 5100 PE @ 45 on
29th MARCH 2010 (Total Premium Earned = 100 per lot)
Update (CLOSE): (CMP 9 + 5 = 14)
All Targets Achieved. 86 POINTS gain with ZERO RISK !!!
Lets enjoy Nifty'ing !!!!