Archive for August, 2017
Feedback – Nifty Watch
Under the heading “thought of the day” wrote 10048 trend decider for Nifty and support 2 is 9850, few days back. Nifty successfully hit the target today. Please follow system. Need not to tell our brain is programmed to lose.
Lower levels of Bank Nifty
When I was writing levels of Bank Nifty That may fall to 24100 and even lower, my mind stopped me many times, but again what we have learned is to follow a system. When you find your system working, get encouraged. Your mind will play many tricks, by empowering your intelligence. What we need to learn is not to be robotic. When we are not robotic, we are alert, when we are alert, probability of winning is more compare to losing. After all it’s game of probabilities. All God’s grace. we have no identity.
Bank Nifty Feedback
Bank Nifty asked to sell below 24965 2 days back only – Now trading @ 24400 Down by 600 points. All God’s grace. 24376-24337 is minor range of support. Be watchful.
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Nifty is near trend decider only 20 points here and there. In second half may establish move.
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10100 may face as resistance – a strong resistance. Nitesh Kumar CM , Bihar may trigger short covering today. If exhaustion pattern is formed than can sell. Otherwise levels given are valid. Be alert.
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10-13-17-21-24-30 August or (10-17-24-30) or 10-24; means 10 and 24 august is very important
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Bank Nifty : 24728 +/- 25 points is interesting level : if Spot break out on upside can establish up move and if future breach downward can establish down move.
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wow! its power of levels Bank Nifty took support near 24728(future) and jumped almost 250 points All God’s grace
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PMI data Manufacturing at lowest of 8 and a half years and services at 4 years plus. We are somewhere near Year 2009 and Nifty is at all time high. Whereas, data of US is showing increase. Stocks of both economies are at all time high?
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Nifty moved from 6834 to 9112 and corrected to 7880 app. ab moved 2278 bc corrected app. 55% and new leg assumed = ab than first target is 10158 and if 1.24 of ab = 10704. Now watch only 10158 +/- 102. If Nifty fail to breach mentioned level, correction may be possible to ………..
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Bank Nifty Resistance 25044 if now able to hold above mentioned level than can fall to 24629 (first support). If fall below first support thaN S2 : 24100 S3 : 23450. Important & strong support is 24629
Disclaimer: all levels are based on mathematical calculation only. Don not indicate trend.
Rkarora's Weblog 
August 11, 2017 at 8:53 am
9736 first monthly target achieved. it’s all Gods grace and matter of discipline, which yield huge profits.
August 11, 2017 at 10:01 am
surprisingly closing of the day was @ 9736 only. Very Important and trend decider for next 16 day