>Substantial Acquisition of Shares and Takeovers Dated 2nd May

>Futures the luring Ghost

First the bad news: best estimates suggest that 90% of individuals who trade futures lose money doing
so.
Now for the worse news: This estimate may be too low.The sad fact is that somewhere along the way the majority of traders make one or more critical mistakes in their trading, which cause their losses to exceed their winnings.The good news is that the mistakes that cause most losing traders to fail are quite common and readily identified.
.The better news is that by being aware of the potential for making
these mistakes and by taking steps to avoid them, you can make a great leap towards becoming a more consistently profitable trader. Target to achieve is
to become a more successful trader – not
necessarily by trying to be a “good” trader, but trying how not to be a “bad” trader.

the high rate of failure among futures traders can be attributed
primarily to three factors:

• The lure of easy money
• The lure of excitement
• An utter lack of preparedness to deal with the potential downside
Unfortunately, it seems that many individuals are lured into
futures trading for a lot of the wrong reasons.

Let me try to explain with an example!!

Suppose someone offered anyone who shows up the
opportunity to drive an sleek Ferrari race car around the track
with the promise that the person with the fastest time will
receive a Rs 1crore prize. Will a lot of people show
up to take a shot? You bet(Many would be present just for the adrenaline rush).
Will most of them be truly
prepared for what they are about to do? Not likely. Will
someone win the Rs1crore? Of course. Will 90% of
the drivers fail to make it to the finish line?

Welcome to the exciting world of Future speculation!!!

If you are reading this article and trade futures too, Share your experience.

Regards
Rish.

>Maharashtra Seamless Ltd

Stock looks like out of Down channel and is showing strength coulpled with good volumes
A trade can be initiated according to the levels given in the chart.
Regards
Rish.

>2nd MAY Trading day!!

Nifty opened with a gap up which was evident by the overnight DOWJONES rise.
Well a thumb rule short at gap up in a bearish trending mkt (relief rally) was bit annoyed that was not able to short BOMBAY DYEING yesterday ,though it was not a great short any how to satisfy my crave to short BOMBAY DYEING kept waiting for a setup to short it intra day . Chart is attached
Other swing trades faired well today ORCHID CHEMICALS, DCB only eyesore RANBAXY sl is not hit yet so holding it though its testing my patience .

DCB is a sleek 3rd wave kind off example though its still questionable near 125 anyhow half DCB was booked near 115

orchid long was taken anticipating B up rise still some more pending in that .

Nifty am not touching these days bit vary of its movement may be in few day will find a good trade in it .A new option trade initiated today 50 ca TVS MOTORS may month also a possition in Deepak fertilizers LETS SEE how these fair in coming days ,Have a great week end
cheers
Rish