I will never stop posting because of these crooks, they are not tired of blaming me for those 1000-800 points upside from my suggested short levels earlier without understanding the methodology of my views. Not giving stop loss is a sin they assume whereas stoploss can change from person to person i feel.
I had stopped posting just because there was no response coming to my posts. I will stop posting if there are no responses coming, probably that will be my time to retire from Mudraa. If no one benefiting why should one post and waste his time, that is my view. Thanks for showing concern.
From : Mithun Sid at 06:10 PM - May 10, 2017 ( about an hour ago )
Don't worry bout these guys. Just remember, there are a lot more people who wud benefit from your levels.
@9317 - Nifty is consolidating in 9300 range, corrections have happened till 9100 levels but there has been recoveries upto 9300 levels again and again just to hit the stoploss of Shorts i feel. I have been telling that Nifty will fall and did not change my strategy because the Open Interest is hinting that.
MANGOES ARE RIPE FOR A FALL. lets see........................................
I have my own way of reading open interest which may be wrong, trade accordingly. Thanks to those silent viewers, this thread has clocked 3,00,545 views in 3 years. Thanks and regards to Jayesh,Dhiraj & Mithun as well.
On 3rd April, I told that Nifty will fall when it was @ 9237 it went to make a high of 9273 and fallen to 9103. No credits to me as i was saying it will fall further to 9000 - 8800. I have always set high targets for me and received applaud only when those targets are achieved. People jump to cloud nine if 40-50 or 100 points is achieved in Nifty i am not of that type and neither i am a trader.
Waiting on sidelines and jumping to criticise is a very natural instinct, one cannot control it but, i can controll it. Why should i criticise others and waste my precious time here. I should think over my decision to continue here or be a silent watcher like many do in my thread without any responsibility at all.
@ Varun - I don't give stoploss because i dont have time during the day to answer questions while at work i sometimes check Mudraa thorugh my mobile and get disturbed when people ask stop loss hit what next?. You will agree that by not giving stoploss i am taking more responsibility as anyone can screw me if it goes 200 points against my specified level. In general for a target of 200 points one should keep a stop loss of atleast a 100 points. SL changes from person to person and ones risk taking capacity i guess. I hope you understood.
@ Varun, i compared it with last 3-4 years day-today Open Interest data, i keep everything filed with me and use it for my study that is my method. If you see the OI chart of 31.03.2017 and today you will find it. Nifty should not rise with falling Open Interest. I may be wrong in my analysis though. Lets see.
@ GK - Lets make money this time. It should not misfire again.
CMP 9237 – Die-hards can short Nifty again for targets 9000 / 8800. This view is purely based on drastic fall in Open Interest experienced today. Nine of Ten times Nifty falls in this kind of Open Interest setup. Take your own decision my analysis can fail as usual.
Varun my friend i was just annoyed by your posts as you were writing too much in my thread, because there are so many followers i myself don't write too much and always try to be specific in my words. I was left with only option of deleting the unwanted posts to which you reacted very sharply. Please don't leave Mudraa on my guise as i will be the most displeased one.
You said i failed in my analysis this time, no man!! i have failed several times before also. I can acknowledge that. I have no grude against you.
" NO AMOUNT OF EXPERIMENTATION PROVE ME RIGHT; A SINGLE EXPERIMENT CAN PROVE ME WRONG" - Albert Einsten
I always think how people get so much time to criticise others, why can't they concerntrate on their work and prove that they are superior. Simply arguing and proving oneself wrong is very common no-a-days and the most un productive work which people enjoy and spend hours together. I never paid heed to the uncontructive criticism but have always taken positive criticism to improve my armour of Analysis.
I am proud of myself atleast that i have never intruded in any body's thread to criticise but at the same time if some one has shared a good research / view / calls, i always tried to praise him ignoring ones failures as it is part and parcel of the game though i have only one hour daily for my research left after a 10 to 6 job.
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