19th Nov, 2017 :- NIFTY Weekly Chart Analysis

#NIFTY - Weekly [Last Updated 17/11/2017] :- Index recovered from its Weekly Low (also 50 DMA level), to form a Hammer Candle at Close. Overall trend remains positive. PCR [Put Call Ratio] at 0.90 with Max. OI [Open Interest] of 10200/- Put and 10500/- Call Strikes, that shall act as Immediate Support & Resistance. Rising OI in 10300/- Put & 10400/- Call Strikes also suggest a likely sideways movement between the levels in coming sessions, as long as these levels remains intact.

12th Nov, 2017 :- NIFTY Weekly Chart Analysis

#NIFTY - Weekly [Last Updated 10/11/2017] :- Index had made a Bearish Candle, also creating Bearish Divergences in Price vs Indicator. PCR [Put Call Ratio] at 1.06 falling from high of 1.43 with Max OI [Open Interest] of 10200 Put & 10500 Call Strike that shall act as psychological Support & Resistance in near term. Price tested top in an Uptrend Channel & more profit booking can be expected in coming Week.

06th Nov, 2017 :- NIFTY Daily Chart Analysis

#NIFTY - Weekly [Last Updated 03/11/2017] :- Index closed at lifetime high, making a bullish candle on Weekly Chart. PCR [Put Call Ratio] stands at 1.42 signalling Bullish view for this Expiry. Still running on Uptrend Channel but at top of Trendline, profit booking can be expected at this level.

The losing Trades!! (1/??)

It's isn't easy to accept to a losing trade, mostly when it costs you a lot. A lot as in a vital part of your life or maybe cutting an edge of your finances or a 100% of it. But, don't worry - there's always a reason for everything. As a trader we win & loose that's the reality of Trading as a whole. Just we loose a big lump or a part, that's just the position size & your phychology on Trading how you choose.

Anyway, this post I've created is for a reason. I have seen many up's & down's in my life too. But, i never gave up on my Trading. I just want to ask a simple question, why did you loose that cost you so much??

If you can genuinely answer that, you never lost anything. That's in the sense :-
- Your trading strategy was on place - meant to say you knew why you traded??
- Your risk/reward appetite was set alright - Target & SL were at place??
- You acted as per your above plan - NO, there where most of us fail.

We book our profit soo early, before our Targets are set & we never question ourselves before carrying over to a losing trade. NEVER!!

We are accustomed to this phenomena. One must understand, Prices move in a random manner, it's upon the Buying & Selling Force that sets the price momentarily. No FUNDAMENTALS or LOGIC works in short term of price behaviour of Stock/Index. But one must have noticed, the analysis that you had done a month before had worked fantastic after a month when you had exited the Trade in a losing way. Mostly it happens with us. Why does this all happen only with us??

Think & Share your feedback till Next Post. I shall bring you all the reality of Trading in other post along with probable solutions. Happy Trading!! :)

13th Sep, 2017 :- NIFTY Realtime P&F Chart Analysis

#NIFTY - Realtime :- Index made a Double Top near to it's Lifetime High & corrected from the level in Intraday. Maximum Open Interest (OI) @ 9900 Put Strike & 10200 Call Option Strike signalling the near term Support & Resistance. Put Call Ratio (PCR) at 1.34 signalling Bullish sentiment still intact. Consolidation & Slight Correction can be expected in coming sessions, but breakout above 10140/- shall be a New Upmove continuation.

04th Sep, 2017 :- NIFTY Daily Chart Analysis

#NIFTY - Daily :- Index has hold firmly above its 50 DMA & Uptrend Channel, with MACD Indicator signalling a BUY. Point & Figure (Realtime) Chart showing Uptrend in place for short term. Max. Open Interest (OI) at 9700 Put Strike & 10000 Call Strike acting as immediate Support & Resistance Levels respectively. Put call Ratio (PCR) at 1.05 is also a Bullish Sign.

27th Aug, 2017 :- NIFTY Realtime P&F Chart Analysis

#NIFTY [Last Updated 24/08/2017] :- Index holds above 9800 level, acting as Support backed by Max. Open Interest (OI) of Put Strike. 10000 Call Strike having Max. OI of Call Strike as Resistance for this Expiry. Close above 50 Day Moving Average (DMA) in Daily Chart signals strength still intact. Put Call Ratio (PCR) at 1.04 is Bullish Sign.

22nd July, 2017 :- NIFTY Daily Candle & Realtime P&F Chart

#NIFTY [Last Updated 21/07/2017] - Index managed to close near to Lifetime High, after recovering correction from Lows for the week. 9920/- will act as immediate Resistance, with Maximum Open Interest (OI) of Call Strike as 10000/- as ceiling & 9820/- as Support with Max. OI of Put Strike at 9800/- Significant rise in 9900/- Put Strike OI shows the Base shifting higher. Put Call Ratio (PCR) at 1.44 signals Bullish Sentiment still intact.

17th June, 2017 :- NIFTY Daily Candle & Realtime P&F Chart

#NIFTY [Last Updated 16/06/2017] - Index has breached a narrow Support of 9580/- in Small Time Frame P&F Chart. Price is within the uptrend channel, but MACD has signaled a Sell in Daily Chart. INDIAVIX (Fear Index) is at 10.92 Put Call Ratio (PCR) has decreased to 1.04 Maximum Open Interest (OI) can be seen in 9700 Strike Call & 9500 Strike Put, signalling psychological Resistance & Support level respectively.

27th May, 2017 :- NIFTY Daily Candle & Realtime P&F Chart

#NIFTY [Last Updated 26/05/2017] - Index had breached Support @ 9360/- in small time frame but, bounced sharply to 9600/- level & Closed at Lifetime High. Maximum Open Interest (OI) is at 9400 Put & 9600 Call Strike, signalling the near term Support & Resistance. Put Call Ratio (PCR) at 1.09 hints slight Bullish Sentiment.

21st May, 2017 :- NIFTY Daily (EOD) Chart

#NIFTY - Daily [Last Updated 19/05/2017] :- Index made a lifetime high of 9532/- but unable to sustain the level & managed to close forming a Shooting Star (Reversal Candle) in Weekly Chart. In Daily Charts it managed to sustain above the Uptrend Trend-line, still Indicators are in Divergent to Price. Point & Figure (P&F Chart) shows a clear support at 9380/- level. Put-Call-Ratio (PCR) is at 1.22, still supporting the Bullish sentiment. Maximum Open Interest (OI) can be seen at 9300 Put Strike followed by 9500 Call Strike, suggesting immediate Support & Resistance for the Index till these levels are intact.

13th May, 2017 :- NIFTY Daily (EOD) Chart

#NIFTY - Daily [Last Updated 12/05/2017] :- Index has been hitting New Highs & Higher Lows on Daily Charts and Converging. While Prices are making Higher Highs, Indicators are making Lower Highs, signalling Caution for Long Positions. Maximum Open Interest (OI) can be seen on 9500 Call Strike & 9300 Put Strike, acting as Strong Resistance & Support till these positions are intact. Point & Figure had breakout at 9380 & it is Retesting the same level at present. Put-Call-Ratio (PCR) is 1.21 which is supporting the Bullish sentiment.

07th May, 2017 :- NIFTY - Realtime :- Point & Figure Chart [20 x 2]

#NIFTY - Realtime [Last Updated 05th, May 2017] :- Index has corrected after testing 9360/- level multiple times. Bearish candle was formed in Daily Chart & Bearish divergence is forming on Price & Indicators. Maximum Open Interest (OI) can be seen in 9300 Put Strike & 9400 Call Strike indicating short term Support & Resistance levels, till these positions are intact. Put Call Ratio (PCR) is 1.02 signalling Neutrality among Bulls & Bears.

13rd April, 2017 :- NIFTY Daily (EOD) Chart

#NIFTY - Daily :- Index had been rangebound for few days, but Closed near to Low for the Week. MACD is showing Bearish indications. Realtime P&F [20 x 2] showing Support Breach (Small Time Frame). Open Interest (OI) Concentration shows Major Positions from 9000-9300 Strikes & Put Call Ratio (PCR) ~ 1.10

03rd April, 2017 :- NIFTY All time New High Close & Look at Historical PE Ratio

#NIFTY has closed @ all time new high @ 9237/- With PE Ratio @ 23.42 it isn't looking overvalued even at current level, as compared to historical level for Index & PE Ratio.

17th March, 2017 :- NIFTY - Realtime :- Point & Figure Chart [20 x 2]

#NIFTY - Realtime :- Index broke-out from its consolidation range & made Lifetime High of 9218.4/- As seen from Open Interest (OI) concentration plot 8800/- shall act as psychological Support & 9200/- as Resistance in near term. Put Call Ratio (PCR) for current month is @ 1.23 and has been increasing, supporting Bullish sentiment as of now.

10th March, 2017 :- NIFTY - Realtime :- Point & Figure Chart [20 x 2]

#NIFTY - Realtime :- Index is still trading in consolidation between 8880/- & 8980/- levels. Open Interest (OI) Concentration shows maximum positions @ 9000 Strike Call, which shall be a Major hurdle to Cross, till these positions are intact. Put Call Ratio (PCR) is @ 0.81 which is decreasing day by day, supporting Bearish sentiment.

07th March, 2017 :- NIFTY - Realtime :- Point & Figure Chart [20 x 2]

#NIFTY - Realtime :- Index has consolidated for sometime now. A shorter term Breakout & Breakdown will be @ 9000/- & 8860/- respectively. Open Interest (OI) Concentration shows dense positions in 9000 Call & 8800 Put strikes, acting as Resistance & Support till these positions remain highly populated. Put Call Ratio (PCR) @ 0.93 supports Bearish view in Index.

India's GDP in INR & Forecast by 2030

At present India's GDP is around (USD) 2.5 Trillion Dollars. How much is that in Indian Rupee(s)??

So, Let's break it down :-

We know,

(USD) 1 Trillion = 1000 Billion (USD)
(USD) 1 Billion = 1000 Million (USD)
So, (USD) 1 Trillion = 1000 x 1000 Million (USD)

& In India (INR) 1 Crore = 10 Million (INR)

So, (USD) 1 Trillion = 100,000 Crores (USD)

& (USD) 2.5 Trillion = 250,000 Crores (USD)

Assuming (USD) 1 = 65 (INR)

The (USD) 2.5 Trillion = 16,250,000 Crores (INR)

So, Indian Economy is around (INR) 1.625 Crore Crore. That looks huge now. :)



According to World Economic Forum (WEF) forecast, India will Grow to top 3 Largest Economy by 2030. Have a look at Present 2017 India GDP & Projected GDP of India & World by 2030 :-

22nd Feb, 2017 :- NIFTY - Daily :- Point & Figure Chart [50 x 2]

#NIFTY - Daily :- Index had breached wider Support of 7900/- in December, 2016. A Bear Trap was created when it had breakout above 8300/- & 8600/- to retest its 2016 highest level of 8950/- For now Long/Bull positions can be Booked & further is Wait & Watch till any clear cut breakout/breakdown signal is created.

02nd Jan, 2017 :- NIFTY - Daily :- Point & Figure Chart [50 x 2]

#NIFTY - Daily :- Index had breached Major & Wider Support @ 7900/- and had quickly reversed to test its previous Resistance towards 8250/- Maximum Open Interest (OI) @ 8000 Put & 8200 Call Strike suggests a Wall of Support & Resistance respectively. Its a Bear Trap unless it Breaks Out @ 8300/-