Patience...............








MySAR for 30th December
click
http://mytradingtechnique-mysar.blogspot.in/2013/11/mysar-for-18th-november_17.html#comment-form







Patience & Perseverance the Key to success



Every job is a challenging one. But we have to have patience and a cool head to succeed in real life. Here is the story of a salesman who achieved something which he never expected to achieve. 

There was a salesman called Ramesh in Kerala, a state in the southern part of India. He was honest, polite and hard working. It was the month of June (start of monsoon in Kerala) when he got his first assignment in his new office. He was given the a list of people whom he has to approach and sell the product.

Surprisingly he realized that the list is full of local Kerelean laundry owners. He got scared and thought he won’t be able to achieve the desired target. He approached his senior Monty but got not much help. So he went back to his desk, thought for a moment and accepted the challenge as he had no other option.


The next day he started approaching the laundry owners and within 15 days he got some really nice response. Almost 80% of them purchased his product but in credit and everyone promised to pay him off within the next 15 days. He was very happy as he knew that his job is almost done! So was his senior Monty. But he didn’t knew that the next one month was going to be tougher than what he was thinking of.

On the last week of June amidst heavy showers he started visiting the laundry owner’s place to collect money. Upon visiting half of them he realized he has collected not a single penny. And the same trend continued for the next 7 days. He was frustrated, demoralized, impatient and so was his senior Monty.
A Short Story On ‘The Beauty Of Patience’
Ramesh explained everything to Monty including peculiar behavior he noted amongst the laundry owners – whenever he knocked the owners, they used to look at the sky before asking him to come the next day. Listening this his senior smiled once and said that he is ‘on track’ and will soon get some good results. He never realized for once what his payment has to do with the sky!

After almost 14 days, on a bright sunny monday morning he started visiting the laundry owners once again. Though it was the monsoon season it didn’t rain heavily for the last three days. Suddenly by noon Ramesh realized that he has collected the payments from almost 50% of the owners which was almost unbelievable.

He worked hard through out the day and by the day end he had completed 90% of his target for June and July. He was very happy and so was his senior. By month end he went on to become the ‘star performer’ for the month of June, July and was handed over the letter of confirmation by the management. It was like a roller coaster ride for him.

Yet he wondered what the sky has to do with the payment. Why the laundry owners used to look at the sky and tell him to come the next day? To solve this mystery he went to a laundry owner and asked the same question. The owner laughed at him and said “Son this is the month of monsoon and we have to wash the clothes, dry them off, iron them before handing them off to the customers.
Now if the sun doesn’t shine how can we dry our clothes, earn money to pay you?”. Ramesh recollected his memories and smiled at the owner and realized that it was his patience and endurance that kept him going and ultimately helped him achieve the pinnacle of success. It’s the motivation and the diligence that converts into fruitful results.

Moral of the Story

Like Ramesh everyone of us should realize that apart from being a honest hard worker if we can keep our patience and wait for our turn to come, we are inching towards the ladder of success!


MySAR for 27th December




Today’s Trading potentialies (breakout system) for 27th Dec.
Nifty Future above 6351..may reach 6361/6375/6390/6405
Nifty Future below 6335...may reach 6325/6315/6300/6290
Bank Nifty future above 11535...may reach 11580/11620/11685/11730
Bank Nifty future below 11470...may reach 11440/11395/11360/11320/11290
For Positional traders : For those who trade like Investors
TataSteel in cash can be bought @ around 413 with sl of 405
...may reach 449 and 456
Ranbaxy in cash can be bought @ around 453 with sl of 445
 ....may reach 479 and 488
SunTV in cash can be bought with support of 363 and 355
...may reach 386 and 393
Bhartiartl in cash can be bought with sl of 314 
...may reach 337 and 349
ICICIBank in cash can be bought with support of 1087
 ...may reach 1123 and 1135
BataIndia can be bought with support of 1044 and 1031
..may reach 1074 and 1085

Following levels are for intraday trading only
 



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Weekly Pivot Levels
Security
W-S3
W-S2
W-S1
W-Pivot
W-R1
W-R2
W-R3
Nifty (Future)
6157.35
6225.25
6252.30
6293.15
6320.20
6361.05
6428.95
BankNifty (Future)
10902.72
11141.62
11261.03
11380.52
11499.93
11619.42
11858.32

Daily MySAR Levels For Future Segment :
Daily MySAR Levels For Cash Segment :
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Don't miss to watch: updated upto 14th November
To watch the performance of MySAR : 
click :
http://mytrading4mystocks.blogspot.in/p/performance.html
(updated upto 14th November)


For other Nifty 50 (future) scrips click link :
Do not enter into a trade without referring past data. It will save your trade from catching the running train. 
If  the price of the scrip ran up or down too much during last few days, please please do not take fresh entry either of short or long otherwise it will be considered as catching of  running train and in such cases price in near future may move against expectations resulting into losses. Better wait for breach of MySAR_A level for fresh trade......
Patience pays...........
Presently holding Position :
NF long (6085) (3L) : Booked at 6125, 6100, 6110 (fully booked at expiry)
(Booked 80 points)
BNF shorts (10890)(3L) : Booked at 10975, 11135, 11020 (fully booked at expiry)
(Booked 440 points)

NF long (6155) (1L+ 2L @ 6175) : 6220, 6265, 6320 (fully booked)
(Booked : 300 points)
BNF shorts (11015, )(1L + 2L @ 11155) : 11220, 11400, 11660 (fully booked)
(Booked : 955 points)
NF shorts (6220) (3L) : Covered at 6201, 6170, 6210  (Fully covered)
(Booked 79 points)
BNF shorts (10520)(3L+1L @ 11390) : Covered at 10451, 10390, 11240, 11440 (Fully covered)
(Booked 429 points)

NF Long (6225) : Booked at 6190 (loss of 35 points)
BNF Long (11445) : Booked at 11370 (loss of 75 points)

NF short (6190) (2L) : Covered 6170, 6220(Fully Booked)
(Booked -10 points)
NF shorts (11370) (3L) : Covered at 11250, 11150, 11320 (Fully booked)
(Booked 390 points) 
NF Long (6220) (3L) : Booked at 6260, 6290, 6285 (Fully Booked)
(Booked 175 points)
BNF Long (11320) (2L): (2L Holding) Booked at 11450, 11395 (Fully Booked)
(Booked 205 points)
Dec. series closed and entered into Jan series


NF Long (6331) (1L) :
BNF Long (11485) (2L):
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Trades triggered on 26th Dec.
1. PNB (F) long taken at 638………………booked at 644 (3000 profit)
2. RELinfra (F) long taken at 437…………booked at 440 (3000 profit)
3. TechM (F) shorted at 1834……………...covered at 1831 (750 profit)
4. AxisBank (F) long taken at 1291………booked at 1295 (1000 profit)
5. SBI (F) long taken at 1266……………..booked at 1256 (1250 loss)
6. PNB (F) shorted at 637.50 ……………covered at 631 (3250 profit)
7. Tatasteel (F) long taken at 421……….booked at 424 (3000 profit)
8. RELinfra (F) shorted at 433…………...covered at 429 (4000 profit)
9. TechM (F) shorted at 1834 ……………covered at 1824 (2500 profit)
10. RELinfra (F) shorted at 429…………covered at 427 (2000 profit)
11. BajajAuto (F) shorted at 1969………covered at 1955 (1750 profit)
12. AxisBank (F) long taken at 1297........booked at 1318 (5250 profit)
13. TCS (F) shorted at 2109……………..covered at 2101 (1000 profit)
14. ACC (F) long taken at 1122…………booked at 1117 (1250 loss)
15. NF (F) shorted at 6270……………..covered at 6285 (- 15 points)
16. BNF (2L) long taken at avp 11387 …..booked at 11410 (+ 46 points)
17. BNF (2L) long taken at 11515………..booked at 11520 (+ 10 points)

 Following table clarifies today's triggerred trades




 Last Trades triggered as per MySAR Levels

upto 14th November
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Three Thumb Rules :
(1) Always trade only at the levels given.
(2) Keep booking profits without missing a winning opportunity.
(3) And once in profit, trail stop loss to the entry level to protect the capital funds.
Wish you all happy and profitable trading ahead……
==============================================================
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Many Many thanks for Inspiration.....Motivation ....