Short Sell and/or Negative View given to Clients during the 2019 were: NCC, BPCL, SRF, IBULHSGFIN, ENGINERSIN, EQUITAS, KTKBANK, SAIL, YESBANK, MARUTI, BHARATFORG, ESCORTS, ICICIBANK, SBIN… about HANGSENG, too.
BUY Calls and/or Bullish View were YESBANK, TATAMOTORS, BAJFINANCE, HDFC
Limited, Quality, Trend Reversal Approach and “ALL WORKED”.
Each Successful Call (view) generated minimum 30,000 to 1,00,000+ Profit Per lot basis.
You can count our Calls on finger. Because, we always avoid excess trading. Options are not done during the entire twelve months’ period of 2019, and rarely did Intraday.
Positional Trend: Our analysis is always sequential and never in isolation.Read More »
~ Few times in Trend (highlighted as ABCD in the attached NIFTY50 Daily Chart).
~ But many times in range (oscillating in between of two price points);
And identification of Ranging Market Conditions are very important because, there Market builds-up energy for the next TREND.
What Next: Few times Trend Continuations but many a times Trend Reversal.
NIFTY50 Spot Index Daily Time Frame Chart Description:
On 7th November, when NIFTY closed above 12000 for the first time after June 2019, we had updated to clients that 12200 as Possible Market Top (marked as Point 1 in above Chart), and on 14 November 2019 gave Market Support as 11800 (marked as Point 2).
WhatsApp Screen Shot attached below are for better clarity & understanding.
Advance Levels are always helpful. Market was kind enough to obliged Pillars’ Strategy calculated Trading Range in those 20 days. No surprises.
Why we avoid doing Options & Range Trading ?
Traders understand the Importance of Trend but Successful Traders understand the importance of both Trend and RANGE. And, ideal choice To Capture the same is,
~ Use Cash &/or Futures’ Instrument To Capture the Trend
~ Use Call Put Options Hedging Strategies To Capture the MARKET Range
AND, both trending and range bound Market requires precise levels, which can used for Entry, Exit but mind you they can’t be risk free. Because,
Both Trending & Ranging Markets behaves in the same manner. For example both can be,
~ Time wise Long &/or Short,
~ Amount wise Big or/& Small, AND
~ Price Momentum wise Fast &/or Slow
And, this depends on variety of News-flows, Seasonal Effect, Event Impact.
In that context, Options are way to Risky. Because, if advise Shorting Options then practically we are doing less reward high risk trading and if advise Buying Options then Time Value of Money would decay the premium paid, therefore net result will be loss even though, Market went in our favour at last.
Most Importantly, we had seen that People find very difficult to apply Stop-Loss and in case of Options they never ever uses the safety measure called the Stop-loss.
And this is the precise reason why we don’t advise for Options or Range Trading.
However, we keep our clients aware of the same with best of the intensions.
Thanks for Reading.
Team Rocket
Get in touch with us at,
~ WhatsApp: +91 99003 30558
~ E-Mail ID: Rocket@RocketTrades.com
For more details, doubt, feedback; Speak with Nilesh Jain on 99003 30558
We’re Strictly a Research House armed with proprietary methods & workings.
Officially Rocket Trades Clients are having Zero Positions in NIFTY BankNIFTY till this write-up. However, we may get Entry during this week of 9 December to 13 December.
Every Stock Market Trader needs only two things to be successful (or survive) from Market’s onslaught, namely
first). Major Support &/or Resistance Level as the case may be, and,
second). Expected Directional View – especially when News Flow is against you.
Today’s write-up is covering those two points in great details. Treat this as Case Study. If any doubt or query then please do cross verification before drawing any conclusion.
As usual our opponent would not believe but this is the only the fact !!
Now a days, Many Traders are taking Trading Decisions purely based on Google Knowledge and treating that as FINALWORD, whereas double confirmation from a Regulated Professional Advisor could be the game changer.
Be Alert: Free of Cost “educational literature & material” can prove to be very costly for your Trading account in the end.
Trading is all about Probabilities. Only Experienced Advisor can give you the least number of Probabilities by using Proprietary Indictors’ Values and from the Market Command & Knowledge gained over time.
Below is the exact example to explain this:
Nifty started falling from 4th July 2019 High and Stopped exactly the day when we mentioned 10800 Support to our Clients. Even Free Trial Clients were also updated at the same time. And, thereafter 11160 was also Updated to Clients on Friday 9th August.
Now everyone talking about this Range of 10800 to 11100 which of course we had updated you first. This made possible by in-house developed proprietary trading strategy called “Pillars Strategy”.
Lastly, Please Note:
1). We are neither playing over-confident nor behaving with arrogance. Each Failure has been turned into steping stone. We also went wrong at many time but never stopped learning & improvising. And, that is what makes our Strategy stand out from others.
2). What you are seeing is final conclusion. Whereas, each & every day had seen abnormally high price volatility. There was a day when NIFTY gave 600pts Intraday movement. Hope you would remember Monday 26 August 2019.
3). NIFTY had closed below 10800 on two occasions. First was on Thursday 22nd August, that day we advised Exit from long Positions. But, very next day when NIFTY made low of 11637 we are back in game. Second Time was on 3rd September but our long position was on hold.
Paid Clients’ Screen Shot are attached below for easy references, note the WhatsApp timings.
Both BEL & HINDALCO worked out well as mentioned in 23rd August Morning Update.
4). This article is just a sample about our elaborative, transparent working style. Same thing we are doing for Stocks & Commodity from time to time. However, NBCC & INFY proven to be exceptional.
5). Capital, Patience is must. As, we are going for Quality over Quantity. Maximum 4 or 6 Entries for Nifty, BankNifty Index in any 12 Months’ Period. And, all should turn out to be either at Market Peak or Bottom of that time.
Example: In next 2 to 3 months IF NIFTY makes new High (or even breaks above 11500) then this Pillar level 10800 would be treated as Market Bottom.
6). Likewise, we are defining & re-defining our Stock Futures’ Selection Criteria, too. Few names stand out for Year 2019 till date – YESBANK, ESCORTS, TATAMOTORS, KTKBANK, IBULHSGFIN, EQUITAS, HDFC, LICHSGFIN, etc… worked out very well in both side of Market – BUY and SHORT SELL and evenly spread out across the months of 2019.
Keep Booking Profits, Trade Safely, Closing my write-up !
Thanks for Reading.
Team Rocket
Get in touch with us at,
~ WhatsApp Number: 09900330558
~ E-Mail ID: Rocket@RocketTrades.com
For any more details, doubt, feedback; Speak with Nilesh Jain on 09900330558
You must be logged in to post a comment.