Tuesday 3 November 2015

Trading Strategy For 04th Nov’2015.NF-Hurdle & Target 8152-8164.Don’t Panic at Lower levels

The first thing I heard when I got in the business, not from my mentor, was bulls make money, bears make money, and pigs get slaughtered. I’m here to tell you I was a pig. And I strongly believe the only way to make long-term returns in our business that are superior is by being a pig. I think diversification and all the stuff they’re teaching at business school today is probably the most misguided concept everywhere. And if you look at all the great investors that are as different as Warren Buffett, Carl Icahn, Ken Langone, they tend to be very, very concentrated bets. They see something, they bet it, and they bet the ranch on it. And that’s kind of the way my philosophy evolved, which was if you see – only maybe one or two times a year do you see something that really, really excites you… The mistake I’d say 98% of money managers and individuals make is they feel like they got to be playing in a bunch of stuff. And if you really see it, put all your eggs in one basket and then watch the basket very carefully.
Last Close : 8087
No Need to change levels everyday.
Above 8112 level…………………Target intact of 8142—–8152 
& There after nonstop Rally upto 8182–8193 is possible.
(Same we had mentioned Yesterday too )
Today Watch 8164,Once crosses with volumes…will kiss 8200
7DEMA @ 8133
Intra day PANIC if happens :…………………..Buy Buy Buy 

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