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Posts Tagged ‘w d gann course in India
20
Sep
19
Post of Sept 15 – My Best Post
26
Aug
19
Managing #Nifty moves
What I wrote on June 25, its golden chance to crack a deal for President of US and China, but both countries failed to finalize on the terms. https://rkarora.wordpress.com/2019/06/25/japan-g20-summit-and-ministerial-meet/ Now best time to trigger a mutual growth has been missed. Now even if all leaders act intelligently, may not be able to yield desired returns or results, so I gave PIVOT DATE : June 2, 2019 as trend decider for a big move. https://rkarora.wordpress.com/2019/07/02/july-02-2019-pivot-date-and-nifty-levels-are-still-valid/ Time will tell what will unfold in times to come. As an economist, I must add, we must hammer it out when momentum is established, otherwise it takes so much time and efforts to create momentum. All the best to all super powers of the world.
As it was written on July 2 “mentioned all levels given on June 01 is valid for 2 months, so play accordingly. Big move is on card in the month of July. Trend decider for 2 months is still 11995″
And we all witnessed big move of 1000 plus points in one direction below trend decider of #Nifty 11995 and in one month. Today is the last day of the month. And Gann time cycle is completed and managed to hit target of 11057 (Price) also.
Not only that monthly levels were given, but tried to update every small reversal also.
- rkaroraJuly 28, 2019 at 7:02 pmFor last week of this month trend decider for #Nifty50 is 11267 (+/-) 15 points supports are 11223 11177 11063 and resistances are 11322 11367 11466 As written July may establish a trend. Guesswork is #NIFTYFUTURE may move in a range of 300-400 points in the month of #August.Reply
- 2rkaroraJuly 29, 2019 at 6:29 pmToday #Nifty made high of 11325 (first resistance) and low of 11175 (2nd support). That’s power of Gann Square of 9. All God’s graceReply
- 3rkaroraJuly 31, 2019 at 4:27 amToday Nifty trend decider is 11057 (=/-) 15 rupees. pivot time is 2:52 pm
Resistances are 11102 11152 11212 @ 11040 10986 10932
- rkaroraJuly 26, 2019 at 5:15 amtoday 11272 (=/- 26)) future is trend decider resistance 11326 11380 11406 support 11224 11170 11092Reply
- 2rkaroraJuly 26, 2019 at 7:39 pmWow Gann square of 9 levels worked well once price moved above 11272 managed to rally by 75 points and closed at 11336. All God’s grace. Nifty managed to test 11350 level ( given in monthly levels as second support ) worked as good resistance in last 3 days. Its not just important to understand Gann Square of 9 but more important is to know its application. #GannSquareOf9 is not only a spiral but an ocean. More you dive in, more the pearls you get. Happy weekend to all students.
- WILL THE NIFTY TOUCH 11057 OR NOT IN NEXT 2 DAYS?
- rkaroraJuly 4, 2019 at 4:45 amreliance industry resistance 1300 support 1250 1200Reply
- 2rkaroraJuly 4, 2019 at 10:17 amWe are at make of break level. Appeal to Finance Minister Please generate money to push the growth rate.Reply
- 3rkaroraJuly 7, 2019 at 3:24 pm#Niftyview #Nifty50 made high of 11981 (trend decider mentioned was 11995) and dropped by almost 200 points on Budget day. Guesswork Worked. All God’s grace. All supports and resistances are mentioned in post of June 1, 2019.Reply
- 4rkaroraJuly 8, 2019 at 7:29 am200 Points on Friday and 200 points on Monday. Nifty dropped by 400 points in 2 days from mentioned level of 11998.Reply
- 5rkaroraJuly 9, 2019 at 6:58 amAll levels of June 1 are valid but 11500-11448 is a important range. Be alert at this point.Reply
- 6rkaroraJuly 12, 2019 at 9:04 amWah Nifty worked very well from mentioned levels of 11500-11448 and moved up by almost 200 points. Now 11645-11660 is trend decider. Possible resistance of current move.Reply
- 7rkaroraJuly 15, 2019 at 5:45 amToday #Nifty View is Future may again retest 11500-11448 area and after consolidating tomorrow, Wednesday, possibility of big directional movement.Reply
- 8rkaroraJuly 16, 2019 at 7:45 am11646-11664 proved good resistance today again. Today 1:20 PM IST, is very important. Just watch the behavior of the market Nifty .Reply
- 9Davinder KalraJuly 16, 2019 at 8:33 amGreat sir jeeReply
- 10rkaroraJuly 17, 2019 at 7:23 amNifty managed to cross resistance level of 11646-11664 to cross and next target is 11719 plus minus 15 points which will work as resistance alsoReply
- 11rkaroraJuly 18, 2019 at 6:21 pmSuperb ! 11719 +/- worked very well #Nifty dropped by 120 points from mentioned level. Guess Work worked.Reply
In last, want to write, It was guess work only which worked well. All God’s grace. I am student of students only.
18
Jul
19
Commentary of last few days
Most of the guess works worked. First resistance of 11995, after fall support of 11450-11503 and again today level of 11719 +/- 15 points worked dot to dot for #Nifty #Niftyfuture. Mentioned in comments of last post. All Mathematics. All God’s grace
03
Jul
19
Indian Union Budget 2019
Indian Union budget 2019 is just 2 days away and will be presented by honorable finance minister Nirmala Sitharaman. What all the points you should look into coming budget announcements.
- First thing first – Corporate Tax: I am advocating lower tax for Indian entrepreneurs. Our ex-finance minister promised to cut corporate tax in phased manner. If we see any development in this long awaited issue, will be welcomed by the market in a big bang. If we can change our view from short term to longer view (sacrificing some tax in current financial year and inviting more and more companies to set-up their businesses in low tax regime). If initiated with lower corporate tax rate in coming budget will yield reward in years to come. Our dream of 10% GDP growth will be reality.
- Infrastructure Expenditure:
- Roads and bridges: 5 years allocation should not be less than 6 Lac crores and more advisable is 8 Lac crores. Or what our honorable Road and Transport Minister can raise fund by issuing Infrastructure bonds to push the infrastructural activities. I attended one meeting of NSE, where he promised to come out with 7.5 to 8% Infrastructure Bond. He claimed that ministry will be able to pay interest from the collection of road tax and toll charged at different highways. This may be win-win condition. Investors, Ministry and Country will be at benefit. Why it is required? Not only to push the growth but create employment. Country cant be happy until and unless larger employments can be created.
- Linking rivers is need of the time.
- New modes of transport like ferry, vessels, ships, Cargos to transportation not only passengers but heavy goods etc. This can be an opportunity as 3/4th boundaries of India is surrounded by ocean. For what we waiting for?
- Smart Cities?
100 Smart cities – affordable housing, roof top solar panels, transportation, energy supply, solid waste management, smart roads and smart water. What I suggest is go for metro train in all 100 cities project in one go this year and see the change. As Japan has funded project of Delhi Metro may not hesitate in other cities at very low interest rates. Around 5151 projects are been selected under the theme of Smart Cities. Government must allocate more than 10k crores.
- Many economists are advocating to push the growth let fiscal deficit can rise from 3.4 to 3.8% even. I am not in this favor. If we need to attract foreign money then fiscal discipline is very important. In no case it should cross the border of 3.5%. How to fund increased expenditure. This year Government can initiate sale of 5G spectrum. 6 Lac crores add on. RBI may transfer 3 Lac crores dividend. Government must show the guts to sell PSUs in tune of RS. 15 Lac crores. India must push the growth by maintaining fiscal discipline. Government can look for many more avenues of revenues.
- There are many large companies having large surpluses.Government can initiate 40:60 partnerships with them. Government can provide land for hospitals, institutes; manufacturing units and private players can bring in money and expertise. Private players must have 60% share. Apollo Hospital (Inderprastha Hospital) at Jasola, New Delhi is an example of great success. 60% of private players or 70% to private players is the keyword. Maruti, TCS, WIPRO, INFOSYS, COLGATE, MRF etc. There is long list with huge funds. That will be proved as a win-win proposal. Time will tell if and only if point # 5 can be played, Indian growth rate will be in double digit in times to come.
In last all the good wishes and best of luck to Finance Minister for her first budget. I have complete faith in the team of Madam. Finger cross, July 5th will be trigger point. Nifty 11995 is to watch.
Every month, monthly #Nifty levels are been posted for years now. Whenever I delay in this post, get many many calls asking when you will post #NiftyLevels? I am happy for that in last few years a strong bonding is been developed with my students. I keep getting the different types of gifts from my students. Many times I say NO, but when I realise, it’s their gesture of love, get moved. Thanks to all my students. I am no one, I am not a MASTER. I am lucky to have brilliant students. Thanks to all my students, who make me feel special. Lots of love to all my gleaming students.
Back to work Monthly #Niftyfuture levels for the month of #June are: Trend decider: 11995 Supports are: 11709 11350 10777 9851 Resistances are: 12280 12640 13571
These levels may work for 2 months June and July. Its an alert only. Will post monthly levels for the month of July also. Till that time a trend may emerge.
29
May
19
Concept of half and double
Today Premier at 4:30 PM Case study on #Crudeoil based on concept of half and double => How to get support and resistance https://www.youtube.com/watch?v=OVLZZH14cn0&feature=youtu.be
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