Author Archive for RK ARORA

16
Oct
17

Happy & Prosperous Diwali

Sensex and Nifty manage to jump to All time high 10242.9/10260.95 today in morning session.  Now 10230-10274 is trend deciding range.  All rest levels mentioned on Oct.3 remain the same. Nifty moved app. 350 points above pivot point. So I say Pivot point is a very simple and strong trading tool. Again Wish a happy & prosperous Diwali

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03
Oct
17

Nifty Trend decider 9872-9912

Support : 9596 – 9399 – 8906

Resistance : 10089 – 10385 – 10878

 

02
Oct
17

Diwali Gift to all my friends

22
Sep
17

HAPPY NAVRATRI TO ALL

Wish Happy Navratris to all. As said September 18 as time and 10145 +/- is trend decider, proved right. Nifty could not breach 10205 and fall. Bank Nifty is down by more than 500 points. We cannt dictate market. When we are right its Mata Rani’s grace.

Disclaimer: I have no visitor or 1-2, so am able to right freely. All this exercise is for self-development and for educational purpose only. Stock Market is game of probabilities. Sometime we are right sometime wrong. Most important is money management

17
Sep
17

Feed back: Nifty = Resistance 2 achieved

All God’s grace. Nifty managed to hit 10145 before September 18. Post of September 1, 2017, suggested buy above 9913 with target of resistance 2 and sell below 9913. Nifty not even once breached level of 9913. Now 10145 +/- 60 will work as trend decider.

15
Sep
17

We must response fast to North Korea

  • North Korea is totally dependent on China & Russia – not has even petrol or vegetables at their own. On the other part,
  • South Korea is really independent country. They are contributing 1.86% of GDP of world. For understanding purpose, giving reference of Russia 1.8% and India 2.83% contribution. Such a small country with population of only 51.5 million, output is so high. When we talk of international brands of South Korea, number is more than 250. Just for reference giving list of 20 brands only. I am sure you all will be able to recognize many
Samsung Electronics
Hyundai Motors
LG Electronics
Kia Motors
KT
SK Telecom
Samsung C&T Corp
KB Kookmin Bank
Shinhan Card
SK ENERGY
GS Caltex
LG Display
POSCO
Woori Bank
LG U+
Hyundai Heavy Industries
Samsung Life Insurance
Shinhan Bank
E-Mart
Lotte Department Store
Korean Air
Homeplus
SAMSUNG FIRE & MARINE INSURANCE
  • South Korea is a country of disciplined people, who all know hard work is only substitute. Japan is another example. I need not to point out about growth story of Japan. For reference, India signed an agreement to get first Bullet Train in country, by financed by Japan, technology by Japan. How much surplus money is with Japan. They have reached to level where money lose its value. I am pointing out negative interest rates. Out of 12 trillion USD negative interest rate bond, Japan contribute 50% or so. I am not writing this article to eulogize or extol South Korea and Japan as great countries, but to raise my voice here by indicating problem of North Korea. If not handled today can trigger mass destruction
07
Sep
17

Increase in tax revenue on lower growth

Increase in tax revenue on lower growth rate is only because of better governance

  1. Demonetarization
  2. GST
  3. SEBI panel suggests splitting of CMD roles at listed companies to prevent a potential conflict of interest. Earlier ruling for Independent director
  4. Amendment in Income tax act – providing more clarity
  5. Above all, action against shell companies
  6. Benami Properties

We are changing from “chalta hai” to be discipline. We are learning to work hard to earn. India badal raha hai.




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