Sunday, August 13, 2017

Happy Independence Day / Weekly Nifty View Dt.13.08.2017

Thousands laid down their lives so that our country is breathing this day. Never forget their sacrifice, Happy Independence Day to all my friends & followers in little advance. 
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Last week it was mentioned that "Oscillators looking in favour of bears, if price supports in same direction then good chance of fall in coming days. Sell in rise still looks wise even if it makes new high because risk reward not looking in favour of buyers."

Nifty behaved in same manner, as prices sustained below 10000 then bears started aggressive selling and Nifty broken 9700 easily. a-b-c (A) looks completed near 9685 or may complete near 9675-9650. If this fall is A then Nifty may retrace upward now in wave (B) maximum upto 9900-9950 and then a final fall upto 9550-9500 in (C).

MACD is in sell but still above zero, this may help bulls in coming days for a bounce.

RSI is sell but looking in oversold areal, it may help bulls in coming days for a bounce.

Stochastic 14,3,3 also in sell but its also oversold, it may help bulls in coming days for a bounce.

Stochastic 5,3,3 heavily oversold and taking support near bottom, may help bulls for a bounce.

Oscillators looking oversold and it may help bulls for a bounce upto 9775-9825 first & later 9900-9950. Sustenance above 10000 will give early signal that correction is over & Nifty is ready to make another high above 10137.

On contrary sustenance below 9650 may bring faster fall upto 9550-9500 so keep close eye upon 9650 & play for a corrective upward bounce.

Have a nice week ahead, Happy Janmashtami &  Happy Independence Day to all my friends & followers in little advance :)

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NIFTY SHORT TERM VIEW:
TAKE AGGRESSIVE LONGS BETWEEN 9725-9675
STOPLOSS 9650
TARGET 9775-9825 & 9900-9950 

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TAKE AGGRESSIVE SHORTS BETWEEN 9900-9950
STOPLOSS 10000
TARGET 9700-9650 & 9550-9500
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Ps.: Last week we got many mails regarding Havells. Havells did not move as per our counts so we exited from this counter & booked recent loss. We are not following this counter so pls do not trade on this counter as per our old post.

Sunday, August 6, 2017

Happy Friendship Day / Weekly Nifty View Dt.06.08.2017

Friendship is not just a word, not merely a relationship. Its a silent promise which says i will be with you Whenever, Forever. Happy Friendship Day to all my dear friends & followers :)
Last week it was mentioned that "Most of the oscillators looking in favour of bears so higher chance of downside. Sell here and in rally looks safe as of now till Nifty sustaining below 10115.  Sustenance above 10115 may bring faster 10250-300 & later 10450-10500 so keep close eye upon 10115 for further upmove".

Nifty broken 10115 but could not sustain in upper side so nothing changed in view. Now sustenance above 10138 may bring faster upmove of 150-200 points to reach 10250-10300. On contrary sustenance below 10000 may bring faster fall of another 100-150 points.

MACD is still above zero but ready to give sell signal so keep close eye on this.

RSI gave another sell signal, it may help bears in coming days.

Stochastic 14,3,3 given another sell, it may help bears in coming days.

Stochastic 5,3,3 given another sell alongwith -ve divergence, it also may help bears in coming days.

Oscillators looking in favour of bears, if price supports in same direction then good chance of fall in coming days. Sell in rise still looks wise even if it makes new high because risk reward not looking in favour of buyers.

Sustenance above 10138 may bring faster 10250-300 & later 10450-10500 and sustenance below 10000 may open 9900-9850 so keep close eye upon 10000 & 10138 for further move.

Have a nice week ahead, Happy Friendship Day again to all my friends & followers :)

Sunday, July 30, 2017

Life is a cycle / Weekly Nifty View Dt.30.07.2017


What is Success?
At the age of 4 years ... Success is.
That you do not urinate in your pants,
At the age of 8 years ... Success is..
To know the way back home.
At the age of 12 years, success is..
To have friends.
At the age of 18 years, success is.
To get a driver's license.
At the age of 23 years, success is.
To graduate from a university.
At the age of 25 years, success is.
To get an earning.
At the age of 30 years, success is.
To be a family Man.
At the age of 35 years, success is.
To make money.
At the age of 45 years, success is.
To maintain the appearance of a young man.
At the age of 50 years, success is.
To provide good education for your children.
At the age of 55 years, success is.
To still be able to perform your duties well.
At the age of 60 years, success.
To still be able to keep driving license.
At the age of 65 years, success is.
To live without disease.
At the age of 70 years, success is.
To not be a burden on any one.
At the age of 75 years, success is.
To have old friends.
At the age of 81 years, success is.
To know the way back home.
At the age of 86 years, success is.
That not to urinate in your pants again.
🌾Life is a cycle..

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Last week it was mentioned that "Momentum looks in favour of bulls so Nifty may go even 10250-10500 in this momentum. In downside 9850-9800 looks as strong support, sustenance below 9800 may open gateway for the fall of another 100-125 points".

Nifty made high at 10114.85 & witnessed profit booking, this high is crucial now. Sustenance above 10114.85 may open gateway for 10250-10500 and sustenance below 9944 may bring 9850-9800.
MACD is still well above zero so it may favour bulls in coming days.

RSI gave sell signal and showing -ve divergence between 9928 & 10114, it may help bears in coming days.

Stochastic 14,3,3 turned down & -ve divergence here too, it may help bears in coming days.

Stochastic 5,3,3 given another sell alongwith -ve divergence, it may help bears in coming days.

Most of the oscillators looking in favour of bears so higher chance of downside. Sell here and in rally looks safe as of now till Nifty sustaining below 10115.  Sustenance above 10115 may bring faster 10250-300 & later 10450-10500 so keep close eye upon 10115 for further upmove.

Have a nice & profitable week ahead, take care of you and your family:)
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NIFTY SHORT TERM VIEW:
TAKE AGGRESSIVE SHORTS BETWEEN 10000-10050
STOPLOSS 10075
TARGET 9925-9875 

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TAKE AGGRESSIVE LONGS BETWEEN 9850-9800
STOPLOSS 9775
TARGET 10000-10050
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Saturday, July 22, 2017

WEEKLY NIFTY VIEW Dt.22.07.2017

Beautiful explanation by Swami Vivekananda:

Explaining the meaning of ‘Association’ he said: “A rain drop from the sky, if it is caught by clean hands, is pure enough for drinking. If it falls in the gutter, its value drops so much that it can’t be used even for washing your feet. If it falls on a hot surface, it will evaporate. If it falls on a lotus leaf, it shines like a pearl and finally, if it falls on an oyster, it becomes a pearl.

The drop is the same but its existence & worth depends on whom it is associated with.” Always be associated with people who are good at hear, You will experience your own inner transformation".
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9850-9900 was strongest resistance area and its mother of all resistances of recent times. But Nifty easily consolidating in this area since last week, once consolidation will be over then chances of breakout/breakdown of another 100 points on any side. Most probably it should be on upper side and then 10035-10085 will be most crucial area where bulls-bears may fight for supremacy.

Momentum looks in favour of bulls so Nifty may go even 10250-10500 in this momentum. In downside 9850-9800 looks as strong support, sustenance below 9800 may open gateway for the fall of another 100-125 points.

MACD is well above zero and looks ready to make new high, it may favour bulls in coming days.

RSI gave sell signal last week but again struggling, it may help bears if comes down.

Stochastic 14,3,3 is in buy and turned up again, it may help bulls in coming days.

Stochastic 5,3,3 given sell but turned up again, it also may help bulls in coming days.

Most of the oscillators looking in favour of bulls so higher chance of upside. Prices also remaining in upperside on closing basis. Buy here and in fall looks safe as of now till Nifty sustaining above 9800.

Our shorting avg was near 9800 after adjusting all profit of calls, we booked between 9870-9900 so booked loss of 70 points and now we are holding calls of 9900 @ 65.

Have a nice & profitable week ahead, take care of you and your family:)

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NIFTY SHORT TERM VIEW:
TAKE AGGRESSIVE LONGS BETWEEN 9925-9900
STOPLOSS 8875
TARGET 9975-10000 

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TAKE AGGRESSIVE SHORTS BETWEEN 9975-10000
STOPLOSS 10020
TARGET 9900-9850

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Sunday, July 9, 2017

Happy Guru Purnima

Guru is everything in our eternal life, nothing is possible without him. Life needs some power to push you up, guru is that super power. Happy Guru Purnima to all my Gurus, friends & followers!

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Last week it was mentioned that "20 DMA is near 9606.70 now and sustenance above 20 DMA may open gateway for 9709-9750 and later 9850-9900. Nifty will be vulnerable at higher levels so extreme caution needed, specially at higher levels."

Nifty behaved in same  manner, Nifty touched 9700 as it sustained above 20 DMA. But Nifty is vulnerable at higher levels so Nifty facing selling pressure  in upside. 9709-9750 is still possible but overall current set-up is favourable to bears for the fall of 200-300 points. On contrary if Nifty sustain above 9750 then very high chance of 9850-9900 where mother of all resistances existing.
MACD is still above zero & turned up so chance of 9709-9750 still valid.

RSI again turning down now so caution needed in coming days for bulls.

Stochastic 14,3,3 is looking overbought, it may help bears in coming days.

Stochastic 5,3,3 is also looking overbought & turning down, it may help bears in coming week.

Most of the oscillators looking overbought but MACD is still above zero so its 50-50 type position here. It may go up, it may go down but risk/reward is in favour of sellers here so use any rally for hedged shorting. Sustenance below 20 DMA may increase selling pressure so 9600 will be crucial in coming days.

Sustenance above 9750 may open gateway for 9850-9900 so keep close eye upon 9750 & 9600 in coming days for decisive up/down move. On contrary sustenance below 9600 may open gateway for 9475-9425.


Have a nice & profitable week ahead:)
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NIFTY SHORT TERM VIEW:
TAKE AGGRESSIVE SHORTS BETWEEN 9665-9700
STOPLOSS 9715
TARGET 9600-9550 & 9475-9425 

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TAKE AGGRESSIVE LONGS ABOVE 9750 ONLY
STOPLOSS 9700
TARGET 9850-9900

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Saturday, July 1, 2017

WHY FATHERS ARE NEGLECTED IN OLD AGE? / WEEKLY NIFTY VIEW Dt.01.07.2017

ITS A MUST READ FOR ALL FATHERS (and mothers too)
Take your time and read through...

1. In the lifetime of family settings, there are 3 Dispensations of Power.

2. The 1st is the first 25 years in the life of the family (father, mother, children) where power indisputably rests with the father.

3. The 2nd is after the kids have grown & started working when the power shifts to the mother.

4. The 3rd is when the kids move out of the family house or start their own families when the power moves to the children.

6. We'll start from the 1st dispensation, total dominance of the father. He is the Lion of the tribe of his House..the boss.

7. During this dispensation, the father rules with an iron fist. He barks orders & determines what does or does not happen.

8. The father often mettes out corporal punishment to the recalcitrant children. They grow to fear him more than they love him.

10. The father is the provider for the family & everyone is aware of that fact with all attendant consequences.

11. Then the 2nd dispensation sets in, the children have finished school and have started working. Power shifts to the mother.

12. When the children start earning their own money for some reason. It's their mothers they decide to look after, they are closer to her.

13. While the father was incharge, he was busy with the business of providing. He didn't have much time to be a friend to the children.

14. They spent more time with their mom and invariably grew closer to her. They also see their mom as co-victims of the father's tyranny.

15. The mother takes centre stage at this point. She is the first to know what's happening with the children & she has advantage.

16. Should any of the daughters give birth, she is the one that goes for babysitting and the children spoil her with gifts.

17. At this stage, the father is wishing for some bond with the children like they have with their mother but that boat has sailed.

18. Because the mother doesn't rely much on the father for her needs at this stage, she is less likely to tolerate his lordship. Friction.

19. Then the 3rd and last dispensation, Power has shifted to the children. They are self-sufficient, live on their own & have own families.

20. More often than not, whenever there is a quarrel between father & mother, the children side with the mother. Years of joint-victimhood at play.

21. Children have been known to come to the house to warn their father not to 'disturb' their mother. Next thing, extended visitations.

22. Woe betide the father if his finances are precarious at this stage. You will be humbled by force, the gang-up is real.

23. This causes most men to fall ill & develop different complications. By the time the forces are arrayed against you, you will think well.

24. Stroke, Hypertension, High-Blood Pressure. The man has a large family but no relationship with them in later life. Troubling thought.

25. Moral, dear men, while the power lies with us, let us wield it with posterity in mind. It won't be with us forever.

26. With the way you are treating your wife now, how will she treat you when power shifts to her?

27. What relationship do you have with your family? Loving dad or despotic, tyrannical provider?

28. Remember, the children always side with their mother. Aim to do enough to at least get a fair hearing in future moments of family strife.

29. Invest wisely for the future so that you won't have to beg to be taken care of if despite your best efforts, you find yourself alone.

Advise to children: Its not good to abandon your father who denied himself to get your prepared for life & who sacrificially sowed to make you who your are. Honour your both parents and take good care of them in their old age. That is how you will sow into your future. Do not neglect your father or mother anyhow.

Advise to Mothers: Do not incite your children against their father anyhow. Parenthood is not easy despite its joys. There is no manual on how it works, May God help us.
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Last week it was mentioned that "Most of the oscillators indicating fall of another 75-100 points but MACD is still well above zero so higher chance of coming down first and then 9709-9750 later".

Nifty behaved in same manner and fallen first exactly from our short term selling area of 9595-9620 and achieved target of 9525-9475. 
Nifty broken 9450 for few seconds but could not sustain below it even on 5 minutes chart.

Most probably short term correction is over and now room open for upside upto 9709-9750 and later 9850-9900. But sustenance below 9448 may open gateway for fall of another 100-125 points so keep close eye upon 9448 for any upmove.


MACD is still above zero so chance of another high above 9709 still valid.

RSI started turning up now so higher chance of 9709-9750 in coming days.

Stochastic 14,3,3 is looking oversold and turning up, it may help bulls in coming days.

Stochastic 5,3,3 also turning up, it may help bulls in coming week.

Most of the oscillators looking oversold & MACD is still above zero so most probably Nifty moving now towards 9709-9750 if 9448 holds. Sustenance below 9448 may bring fall of another 100-125 points easily so 9448 is crucial in downside.

20 DMA is near 9606.70 now and sustenance above 20 DMA may open gateway for 9709-9750 and later 9850-9900. Nifty will be vulnerable at higher levels so extreme caution needed, specially at higher levels. We are bullish in short term but bearish in medium term.

Have a nice & profitable week ahead:)
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NIFTY SHORT TERM VIEW:
TAKE AGGRESSIVE LONGS BETWEEN 9525-9475
STOPLOSS 9448
TARGET 9709-9750 

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TAKE AGGRESSIVE SHORTS BELOW 9448 ONLY
STOPLOSS 9510
TARGET 9350-9300

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Sunday, June 25, 2017

Heart Touching Story / Nifty Weekly View dt.25.06.2017

One day, a poor boy who was selling goods from door to door to pay his way through school, found he had only one thin dime left, and he was hungry. He decided he would ask for a meal at the next house. However, he lost his nerve when a lovely young woman opened the door. Instead of a meal he asked for a drink of water.
She thought he looked hungry so brought him a large glass of milk. He drank it slowly and then asked, “How much do I owe you?” “You don’t owe me anything,” she replied “Mother has taught us never to accept payment for a kindness.” He said…“Then I thank you from my heart.”
As Howard Kelly left that house, he not only felt; stronger physically but his faith in God and man was strong also. He had been ready to give up and quit. Years later that young woman became critically ill. The local doctors were baffled.They finally sent her to the big city, where they called in specialists to study her rare disease. Dr. Howard Kelly was called in for the consultation.
When Dr.Howard heard the name of the town she came from, a strange light filled his eyes. Immediately he rose and went down the hall of the hospital to her room. Dressed in his doctor’s gown he went in to see her. He recognized her at once. He went back to the consultation room determined to do his best to save her life. From that day he gave special attention to the case. After a long struggle, the battle was won. Dr. Kelly requested the business office to pass the final bill to him for approval.
He looked at it, then wrote something on the edge and the bill was sent to her room.She feared to open it, for she was sure it would take the rest of her life to pay for it all. Finally, she looked and something caught her attention on the side as she read these words……"Paid in full with one glass of milk.”

(Signed) Dr. Howard Kelly.
Tears of joy flooded her eyes as her happy heart prayed: “Thank You, GOD, that Your love has spread abroad through human hearts and hands.”
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Last week Nifty sustained just above 9654 for one day but no follow up & later found selling to close below 9600. 9575-9550 was our strong support area & Nifty still getting support in this area. Now decisive week has come so sustenance below 9550 may open room for the fall of another 75-100 points.

20 DMA is near 9628 so sustenance above 20 DMA may open room for upside of 9709-9750 and even higher. Whole month big operators were busy in eating options premium so higher chance of remaining between 9475-9650 till expiry.
MACD is still above zero so chance of another high above 9709 still valid.

RSI turning down so higher chance of 9525-9475 in coming week.

Stochastic 14,3,3 is in sell & again turned down, it may help bears in coming days.

Stochastic 5,3,3 turned down again, it may help bears for getting 9525-9475.

Most of the oscillators indicating fall of another 75-100 points but MACD is still well above zero so higher chance of coming down first and then 9709-9750 later. Lets see that how Nifty unfolds in truncated week alongwith expiry.

Sustenance below 50 DMA may change colour of entire market so keep close eyes upon 50 DMA (9452) specially on closing basis. As of now it looks like a mild correction till 9525-9475 first, then 9750 and later 9850-9900.

Have a nice & 
profitable week ahead. Happy Eid-UL-Fitar to all my clients, friends & followers:)
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NIFTY SHORT TERM VIEW:
TAKE AGGRESSIVE SHORTS BETWEEN 9595-9620
STOPLOSS 9650
TARGET 9525-9475 

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TAKE AGGRESSIVE LONGS BETWEEN 9525-9475
STOPLOSS 9450
TARGET 9700-9725

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Happy Independence Day / Weekly Nifty View Dt.13.08.2017

Thousands laid down their lives so that our country is breathing this day. Never forget their sacrifice, Happy Independence Day to all my...