Market Observation - 24th March 25, 2014

As per Fibonacci Time Cycle 25^th & 26^th March 2014 are Important Turning dates. At Present Nifty Cash 6580.Maximum 100 point Upside is left then afterwards fast fall will take place and Nifty down Target are  around 6350 or Worst 6050. For 100 Points upside   (On Nifty 6,700 to 6,750) how much risk you will take???  So book your Profit and be on Cash

ECONOMIC EDUCATION AND FINANCIAL AWARENESS IS MAIN MOTO OF THIS BLOG.

Disclaimer:-  This Market Observation is  for M.B.A.Finance Student. For Study purpose.Any Market Buy/sale position took and if there is any Loss neither this Blog/ nor Ashish Thakur held responsible for the same. Pl. note.

Market Observation

Now Nifty Cash  is  unable to cross 6250. in days to come and Market drift down. Then safely assume that Market form its Top Time wise & Pricewise. As per Fibonacci Time Series

25^th February 2014. Is Important Turning date so be Alert on Buying Side. Next Support area is 6050 &5980.and final Target 5700to 5800. so Watch whether 6050 is holding or not then only fast fall will take place.

Economic Education & Financial Awareness is Main Moto of This Blog Pl.Refer to Disclaimer.

ALERT ALERT ALERT (On 19th February 2014 N.S.E.(Cash) 6152. B.S.E. Close 20722.)

Now Nifty is heading towards very stiff resistance of 6150 to 6200. Present up move started from on Nifty 5933 /BSE 19963.Now we are at last leg of rally. After achieving above said targets Market may witness a sharp fall up to 5700 to 5800./On B.S.E.19300 to 19600.

Now PLEASE BOOK YOUR PROFIT AT EVERY RALLY. Who ever missed 23^rd January 2014 Top they should book profit over here be on cash this cash will be utilized when Market drifts down to 5700.level.

As per Time Cycle (Fibonacci Time Cycle) 19,20^th February 2014 is Important Turning Date. Here Market May form Top. (0n Nifty 6150 to6200)  So be Alert on Buying.

Reader May share their view on ashishthakur1966 @gmail.com

Disclaimer:-  This is a Technical Analysis Study for Technical Analysis  Sudent. Base on this if any Market Buying, Selling is done and if there is any loss neither this write up nor Ashish Thakur held responsible for same. Pl.Note.

Weekly Review from 9th To 13th December, 2013. (Previous week close B.S.E. 20,996 & N.S.E. (CASH) 6,259.)

“So from now enjoy the rally” was the concluding remark of 13^th November, 2013 blog. (At that time Nifty was 5989. B.S.E.Sensex 20194. )

In coming week if Nifty stays above 6,250, then these Happy & Cheerful days are extended further more up to Nifty target 6,450 to 6,550 & on B.S.E. Sensex 21500 to 21800.  (Diamond Pattern Up target.) Here Book 25% Profit. At every rally.

After achieving above said targets Nifty may drift down up to 6200-6250. & BS.E.Sensex 20800.

Economic Education & Financial Awareness is the the main Goal of this Blog.

Readers can share their views on ashishthakur1966@gmail.com &Mob.+91 9819729508 (Time.7 to 9.p.m.)

Disclaimer:- This Market view is given for M.B.A.Finance Students. Any Market buying or selling is done on basis of this write up and if there is any loss. Neither this Blog (write up) nor Ashish Thakur is held responsible for same. Pl. Note. Before taking any Buying or Selling position Pl. consult to your Financial Advisor.

Weekly Projection November 11 - 15

On 24^th October 2013 Blog I, categorically mentioned Book Profit on Every Rally Fall may Come any time. Be on Cash. Market from Top 6,342 on Nifty and on B.S.E. 21,321.

On 24^th October 2013 Blog concluded with Sir Peter Lynch Quote. “Bull Market born on Pessimisms Grow on Skepticism Mature on Optimisms, and die on Euphoria. So best time to sell on Euphoria that what we are witnessed on 3^rd November 2013 Diwali days. If you recall memories everybody is sure about 6,500 to 7,000 on Nifty (for details Pl. refer to earlier blog attached here with.)

24^th October 2013.  Blog future projection comes in reality from Top Market hit Low on N.S.E. 5,972 & On B.S.E. 20,161. On 13^th November 2013 fall of 370 points on Nifty & 1,160 points on B.S.E.

Now Market is having strong support around 5,950 to 6,000 on Nifty and 20,100 on B.S.E. Here Market will take support and Rally up to 6,200 – 6,250. Here Market is having stiff resistance.

So for now enjoy the rally.   (Still on Nifty 5,850 down target is pending)

Economic Education & Financial Awareness is the Main Goal of this Blog.

Readers can share their views on ashishthakur1966@gmail.com &Mob. +91 9819729508 (Time.7 to 9.p.m.)

Disclaimer:- This Market view is given for M.B.A.Finance Students. Any Market buying or selling is done on basis of this write up and if there is any loss. Neither this Blog (write up) nor Ashish Thakur is held responsible for same. Pl. Note. Before taking any Buying or Selling position Pl. consult to your Financial Advisor.

Weekly Market View from 21st to 25th October, 2013. (Last week close. On B.S.E 20,882 /ON N.S.E 6,189 )

As per Fibonacci Time Cycle 24^th to 27^th October, 2013 are Important Turning dates, Here   Market may top out. And in days to come Market down target are On Nifty 5,800.and on B.S.E. 19,300.( for the month of November,2013)    

So book Profit  at every rally.

These are Important Technical Analysis Studies.

          

As per GANN Angle Studies Marking 4^th June 2012 Low.---  its Up 45 degree Angle is 6270 on Spot Nifty. So in days to come if Nifty is unable to cross and stay above 6270 on Cash Nifty then safely assume Market is forming Top on 24^th to 28^th October, 2013.

Again we are completing 1,100 points Up rally on Nifty, (28th August, 2013.Low of 5,118. to 6,250...& more then 3,000.Points rally on B.S.E. ) so be alert.

Now Economic Reason

At Present Economic Growth is 5% and Inflation is 8.88%. its negative for Economy.

At present Market Trading 16 time this year and 14 times One Year forward earning.

Cement Sector Coming out with poor results, though its discounted by market but it indicates that in days to come Infrastructure and Real estate sector heading for trouble.

These sectors are direct consumers of Cement.

Keeping Fundamental & Technical Studies in mind  nobody is able to catch “Exact Top or Bottom” So protect Hard earned Money and Profit. On this Euphoria I always remember Investment Guru Sir Peter Lynch Historic Quote,

“Bull Market born on Pessimisms, Grow on Skepticism, Mature on Optimisms and

Die on Euphoria.”  So best time to sell -- on Euphoria. That’s what Exactly going on

  

Friends ask this question to your mind in this Euphoria if Nifty reaches to 6,300.Plus.

How much we are earning? And At what cost? ( If we enter at this level )

For last one or two percent how much Capital we have to risk? So Book profit in this rally.

Readers can share their views on ashishthakur1966@gmail.com &Mob.+91 9819729508 (Time.7 to 9.p.m.)

Disclaimer:- This Market view is given for M.B.A.Finance Students. Any Market buying or selling is done on basis of this write up and if there is any loss. Neither this Blog (write up) nor Ashish Thakur is held responsible for same. Pl. Note. Before taking any Buying or Selling position Pl. consult to your Financial Advisor.