INTELLECTUAL TRADING

The Nifty 50 Index opened the weekly session gap up and rallied strongly to end the session 100 points up. The bullish momentum continued until mid-week where the index found some selling pressure on back of US - China trade war. But bulls weren't willing to give up. Next day, the index regained its strength as it soared nearly 200 points. Finally, it ended the weekly session 2.15% up. Last week, we saw the index resisting from its 200 day moving average (DMA). But this week, it broke above the DMA which indicates strength. It also broke above the channel's resistance line (red line) suggesting further strength. Support : 10245 Resistance : 10460 - 10480 Nifty Options Analysis : Support : 10000   Resistance : 11000 MAX OI Contracts : 10500 CE - 37.3  Lakhs OI Contracts &  10000 PE -49.24 Lakhs OI Contracts Sentimental Indicators: INDIA VIX = 14.74 TRIN : 0.4                 NIFTY OI PCR : 1.14 F...

Brian Tracy discusses these in great detail in his seminar on self confidence  https://www.youtube.com/watch?v=ogX2DEmb3BU These laws were taught in mystery schools in Egypt, and have been rediscovered to carve a path to success.  Law of Cause and Effect We hear the saying “everything happens for a reason” around us everywhere, and this law states exactly that. Each thing has a cause and there is something it affects. Our thoughts are causes. We think about something or doing something and it affects what we do, leading to a particular result.  Law of Belief This law holds that whatever you believe, with feeling, becomes your reality. You see things that agree with your beliefs and act on them accordingly, and you ignore things inconsistent with your beliefs. This is taught to us over time and gets reinforced by emotions and experiences. As mentioned before, beliefs can be controlled. You can decide what belief to put your energy into. Law of Expectat...

All about the re-introduced Long Term Capital Gains Tax (LTCG tax) in India There currently seems to be a havoc in the markets and the reason is apparently owed to be the newly re-introduced tax  (after 14 years)  on Long Term Capital Gains tax (LTCG), as announced by Arun Jaitley in the Union Budget of 2018. What is meant by LTCG or Long-Term Capital Gains? LTCG is an abbreviation for Long-Term Capital Gains.  It basically refers to any profit made on an investment held for a minimum of 12 months. Several other countries like Australia, China and Canada had already inculcated tax on LTCG into their financial systems a long time back.              Concept of grandfathering : Grandfathering is a clause or regulation within a law which gives the luxury to any person or any businesses to not abide by that law. It is an alteration of the rule which allow any investor or investment technique to follow the...

The Nifty 50 Index traded on a positive note during the week.  On Monday, it opened the session down, but witnessed solid buying interest to end the session 133 points up. Subsequently, the positive momentum continued for the next trading session. But the index slipped 63 points down on the futures and options (F&O) expiry day. The index finally ended the weekly session 1.23% up. Last week, we saw the index closing below its 200 day moving average (DMA), which acted as a good support in the past. But now the 200 DMA is acting as a good resistance (previous support act as a resistance post the break-out) This week, the 10,000-10,100 zone which acted as a good support in the past saved the index from dropping further down. Nifty Options Analysis : Support : 10000   Resistance : 11000 MAX OI Contracts : 11000 CE - 34  Lakhs OI Contracts &  10000 PE - 32 Lakhs OI Contracts Sentimental Indicators: INDIA VIX = 15.75 TRIN : 0.95  ...

What is Bear Market? Markets in which the price of an investment falls over a continued period of time is referred as Bear market. It generally occurs when the prices of an underlying security drop by around 20% or more from its 52-week high along with a sharp fall in the benchmark index.  In the bear market, according to the Dow Theory, when a stock enters its lower top lower bottom chart structure, it is considered as a weak stock. Lower top lower bottom chart structure occurs when a stock fails to go past its previous high and manages to breach its previous low.  On similar lines, tracking the Japanese Candlesticks, a stock is considered to enter a bearish phase if the time frame is higher than weekly charts, and forms a Gravestone Doji as well as a Bearish Engulfing pattern in addition to various other candlestick patterns.

For the week, Nifty and Sensex ended lower by 2% each.  There seems to be no relief on the street due to a host of triggers such as global sell-off amid fears of a trade war, rising crude oil prices, bond yields and a troubled domestic banking system. Uncertainty around the political situation in the country added to the woes, and collectively dragged the sentiment across the street. Nifty Options Analysis : Support : 10000   Resistance : 10500 MAX OI Contracts : 10500 CE - 54.62  Lakhs OI Contracts &  10000 PE - 51.86 Lakhs OI Contracts Sentimental Indicators: INDIA VIX = 15.54 TRIN : 0.95                 NIFTY OI PCR : 0.75 Fundamental Indicators: PE RATIO  : 24.38 PB RATIO  : 3.38 DIV YIELD : 1.30 NIFTY INTRADAY FIBONACCI LEVELS CALCULATOR:   https://goo.gl/HyZDEd To know more details of indicators  click on url -  https://goo.gl/hrBirN

1)  How much time it takes to double or triple my money? (Rule of 72 and 144) This is the most common situation we face in our daily lives. With so many financial instruments ranging from liquid funds to equity offering different rates of return one must have an idea by investing in them how much time it takes to double or triple the capital amount. Rule of 72 says how much time (in years) our money will double at a given interest rate.  In other words if we know the rate of return we can calculate without using any excel sheet or financial calculator when our capital will be two times. The rate of return can be known one like on FD’s or expected return for investments in equities and other mutual funds.  If rate of return is 12% then as per rule of 72 it takes 6 years to double the money  => 72/12 = 6 Years It is 6.116 years if we calculate with financial calculator or excel sheet.  You can see its approximate value but good enough to calculate i...

The Nifty 50 Index traded on a volatile note during the week.  On Monday, it opened the session gap up and rallied nearly 200 points. The positive momentum continued until the next day where the index hit a high of 10,478. But it couldn't sustain its upward trend for long and slipped lower for the remainder of the week.  Last Friday , the index is down 165 points, finally closing the weekly session 0.31% down. Last week, the index found a strong support near 10,000 - 10,100 zone (previous resistance now support). The 200 day moving average (DMA) also acted as a good support for the index. It bounced up from these support levels, but it is now back near the 200 DMA. Nifty Options Analysis : Support : 10000   Resistance : 10500 MAX OI Contracts : 10500 CE - 58.31  Lakhs OI Contracts &  10000 PE - 46.36 Lakhs OI Contracts Sentimental Indicators: INDIA VIX = 15.22 TRIN : 0.45                 N...

The Nifty 50 Index traded on a negative note during the week. On Monday, it opened the session gap down and plunged 100 points. The negative momentum continued until mid-week where the index slipped to a low of 10,141. It bounced back nearly 90 points towards the end of the week. On Friday, the index resumed its down move and ended its weekly session 2.21% down. Last week, we observed the index finding support from the rising trendline (blue line). But this week, it broke below this trendline and plunged to touch a low of 10,141. The index has now found a strong support near this level from the horizontal line (previous resistance now support). The 200 day moving average (DMA) also acted as a good support for the stock Nifty Options Analysis : Support : 10000   Resistance : 10500 MAX OI Contracts : 10500 CE - 54.88  Lakhs OI Contracts &  10000 PE - 49.16 Lakhs OI Contracts Sentimental Indicators: INDIA VIX = 14.52 TRIN : 1.48    ...

JUBLFOOD : CMP 2005 Buy Price : 2054 Target : 2067 / 2088 / 2119 Stop Loss : 2035 Click URL to view updated details -  https://goo.gl/NdEeUg DISCLAIMER :   view