Saturday, December 29, 2018

NIFTY AND BANKNIFTY 31ST DECEMBER 2018

Morning !


I mentioned "I would advise booking profits in your portfolios and start sitting in cash for the upcoming fall, which should be the fall which is of greater magnitude when compared with the fall from 11171 and 8968 in January 2018 and September 2016 respectively"

As per anticipation this rise first looked like an impulsive rise in form of 5.1,5.2 and 5.3 and hence the anticipation was for 11825-12025.

I have been waiting long enough to post something, since i was not getting enough clarity. I was sure about the upcoming fall when i posted on 8th August that it is going to be of a bigger degree. It happened the way anticipated, but the wave structure turned out to be complex of further higher degree.

Posting the revised counts again:

BIGGER DEGREE WAVE COUNTS 

WAVE I: 849.95-6357
WAVE II: 6357-2252 (This is a sharp fall in wave 2) This took 10 months
WAVE III: 2252- 11171

NEXT DEGREE WAVE COUNTS WITHIN WAVE III:

WAVE 1: 2252-6338 (4085 Points) 
WAVE 2: 6338-4531 
WAVE 3: 4531-9119 (4588 Points) Wave 3 is usually the biggest amongst 1,3 and 5
WAVE 4: 9119-6825 
WAVE 5: 6825-11171 (4345 Points)

Further below are internal wave counts of the above WAVE 5 (6825-11171) in action.

WAVE i:  6825-8968 (2143 Points)
WAVE ii: 8968-7893 (50.16% retracement of Wave 1)
WAVE iii: 7893-10137  (2244 Points)
WAVE iv: 10137-9687 
WAVE v: 9687-11171  (1484 Points)

Now the fall from 11171 is of three degrees (WAVE III-5-v) hence the correction zone would be in the previous wave 4 i.e., 9119-6825. Also as highlighted above for WAVE II, which was a sharp fall, hence the current fall is WAVE IV which should be sideways and/or flat.

The WAVE IV is currently of a complex sideways corrective format, which is irregular in nature. Below is the bifurcation of this complex sideways correction: 

WAVE IV.A: 11711-9951 (From 29th January 2018)
WAVE IV.B: 9951-11760 (Irregular B corrective wave, went above start of Wave A) 
WAVE IV.C: 11760- Potential 9119 bear minimum in coming First quarter of 2019) 

Estimated WAVE IV time to complete is 10-13 months. Starting 29th January 2018 to March end 2019.

Below is the updated chart for NIFTY for reference of WAVE IV


Happy Trading !

51 comments:

  1. Thanks a ton dear Abhishek. I appreciate all your efforts.

    ReplyDelete
  2. Dear abhishek, after 10004 a month bak it is rising and falling between 10600 to 11000,what do u think be the trigger for this magnitude fall, I wish to buy sbin could u predict Elliot wave targets corresponding to 9000 nifty for SBI

    ReplyDelete
    Replies
    1. @Sandy: I don't give out reasons for the fall, i give my analysis with whatever limited knowledge i have of markets.
      Each underlying stock and index is different. There is no direct co-relation between NIFTY and SBI.

      Delete
  3. And any chances of 14000 nifty in near future?

    ReplyDelete
    Replies
    1. @Sandy: Near future is a very subjective word.It could be 1 month, 3 month or 1 year.A perspective here helps

      Delete
  4. Replies
    1. @Saumya: Sure,have not been regular in replying,occupied with something.

      Delete
  5. Replies
    1. @Sandy Jhon: Hang on for some more time, it should come,i too give ranges of time and prices, the accuracy with time is in no one 's hands, one can only give estimates.Also the STRICT SL i mentioned for 11000 has triggered so far,will review my counts and see.As of now i see a barrier of 11171-11250 zone as a reversal zone.

      Delete
    2. I agree with Abhi bhai. Time can't be predictable. Wave c from 11760 had small wave2 and thus wave4 is much complex and bigger as per elloit rule. Wave1 bottom is 11270. If 11270 not hit, downside min Target 9951 much possible to complete wave5

      Delete
  6. mostly ur stoplosses hit abhishek, new high i suppose coming?

    ReplyDelete
    Replies
    1. @Sandy Jhon: That is correct ,i replied to the same question from you on 9th February too, stating ."Also the STRICT SL i mentioned for 11000 has triggered so far,will review my counts and see."

      Post that i have not updated my blog because the ongoing pattern is so much complex in nature that,its quick tricky to figure out where this ongoing trend will potentially finish.But i sense we are near to the end of this rise.

      Stop loss is meant to be keep one safeguard,that is their purpose.

      Delete
  7. buddy
    abhishek ,ur analysis going wrong like the way u predicted 2 yrs bak from 8000 to 6300 after jump from 6825 to 8000 odd levels in feb 16,t his time i think it will hit 14000 on nifty befr anymeaning ful dip as the target from 6825 was 14064 which was never completed infirst place ,do u hv any fresh updates on ur analysis we r just 200 points away from all time high at nifty?

    ReplyDelete
    Replies
    1. @Sandy Jhon (OR whatever is your real name) :

      There are multiple flaws in your query to my response.

      First thing is that 2 years back from today's date it was (2019-2= 2017) Eureka....LOL and the lowest point in 2017 in NIFTY was 8133.80 on 2nd January 2017. So i have no clue which time frame you are mentioning,please get your facts right.

      Second, i have no clue that when did i give 14064 as my target on my blog (if you find that link of my blog, can you share that with me also). The maximum i have mentioned is the zone of 11825-12325 something zone for a potential top.

      Thirdly, i have always shared that being wrong or right is not even a point in markets, this is an assumptive analysis in the very first place and hence when trading on this type of an analysis, having a stop loss is essential and absolute. Because if that stop loss triggers then you are out of uncertainty.

      Also, this is my assumption that you are someone from moneycontrol messaging board who is kind of reading my analysis passionately or dispassionately since very long.

      There are few set of people who have been reading my analysis and are in touch with me over and above this blog.

      This blog is not for commercial purpose from my end and neither my survival is based on giving tips for trading to everyone. I write about markets based on EW because i am devoted to this and i do it without intent of whatsoever purpose.

      I like transparency from both ways with my readers, whatever limited number of them exist today. So i would appreciate, if you share your real name and i do not mind you sharing my personal contact details with you for that purpose.

      Visiting my personal blog and commenting is something from an anonymous ID is a very lowly way of interacting with me.

      It will be great to know you as a person if you share your identity openly and not cover up under some fictious name.

      Blocking you or anyone from posting on my blog is just a matter of some mouse clicks for me, but i have left that option open for any and everyone to share their queries if any. Commenting on something which has happened historically genuinely does not makes sense, because if there is a trade call i give in my post, it is always mentioned with a STRICT Stop loss and once it gets triggered, i myself re iterate in my following post about the same.

      So basically,commenting something which i have already shared is kind of a rework and wastage of time for both you and me, unless you have an intent of sharing on my blog that my analysis is going wrong on and on and on is another thing.

      I assume that i am not the mission of your life, you have much better things to do instead of commenting on someone else's work.

      This is market we are talking about, which is as random as it can get,EW happens to be one of the ways how you can find patterns in this randomness and the trades based on them are also subject to the underlying foundation of this assumption.

      I hope my message is now clear to you that your life is not dependent on my blog posts and you are independent of your survival,because trust me it does not feels good to be dependent on someone else.

      Delete
    2. why getting irritated abhishek ,the trget of 14064 given in some web sites like urs

      as far as i talked of period from may 2016 to dec 2016 post brexit and trump election u were giving trgets of 6300 and below ,from 8000 odd levels
      i am being specific this time though yr 2016 i hv mentioned correctly

      Delete
  8. Replies
    1. sir chota sa correction to hota hi rhta any chance fr 9119 the abhishek is saying?

      Delete
    2. @Manigandan: Timewise yes, the timeframe for 10000 and below looks like April-May timeframe again based on the assumptive analysis of EW.

      Delete
    3. @Sandy: Chota aur bada is all together a different way of approaching something for anyone. What looks smaller to you may be very big for someone else and vice-a-versa.

      Delete
    4. massive correction like from 9119 to 6825 , from 6357 to 2250,where 60 percent gains were viped out not chutka sa from 11500 to 11000 and hurrah we in bear phase

      as far as ur april may time frame everyone knows that because of elections new govt volatility will be there so elliotwave analysis predictiong nothing new

      incase any war or assassination of major leader which your elliotwave may predict this only u can tell

      Delete
  9. morover abhishek u gave ur anslysis on 31.12.2018,if somebody is short he is in terrible losses and people like me who follow u are in plenty of cash as selling only no buying waiting for rally to end so either ways ur analysis not helping the cause of being in stock markets to make money as there 8s no time precision and accuracy so in desperation when the markets r rising u waiting for correction u start buying in the hope of not being left out ,then the whole hell will come falling down when u r not expecting

    so time precdiction and accuracy has to be there if analysis of any use ,u predicted 9119 in first quarter ,only 5 trading days left in first quarter and we r at 11500 ,u predicted it in ur analysis of 31.12.2018

    so commoner like me if following u not made money anticipating fall

    so accuracy is must in a analysis

    sorry no offences please

    ReplyDelete
  10. neerajJanuary 12, 2017 at 10:15 AM
    and crash upto what levels... 7900 ???

    Reply
    Replies

    Abhishek SaddiJanuary 17, 2017 at 7:05 AM
    @Neeraj: Below that....

    u were expecting below 7900 ..one of ur post in 2017...in earliear posts u were telling 6300...so i am not lying see ur previous posts prior to 2017

    ReplyDelete
  11. NIFTY, BANKNIFTY and FEW F&O STOCKS UPDATE
    This blog is for any and everyone who is watching/trading/analyzing Indian Stock Market, primarily NSE NIFTY 50,BANKNIFTY and few F&O stocks
    Wednesday, January 4, 2017
    URGENT POST FOR SQUARING OFF ALL BUYING POSITIONS
    URGENT POST FOR SQUARING OFF ALL BUYING POSITIONS

    NIFTY
    BANKNIFTY
    MARUTI
    INFY

    SQUARE OFF ALL BUYING POSITIONS AND STAY IN CASH. WILL UPDATE IN NEXT POST FOR NEW POSITIONS/TRADES.
    Abhishek Saddi at 9:41 PM
    29 comments:

    neerajJanuary 6, 2017 at 11:34 PM
    Dear sir, first time since i started following you, seeing such an urgent post on squaring off all buying positions!!! Any major changes or trend reversal have you observed....???
    Please update soon, We all are eagerly waiting.

    Reply

    neerajJanuary 6, 2017 at 11:35 PM
    Dear sir, first time since i started following you, seeing such an urgent post on squaring off all buying positions!!! Any major changes or trend reversal have you observed....???
    Please update soon, We all are eagerly waiting.

    Reply
    Replies

    Abhishek SaddiJanuary 12, 2017 at 9:16 AM
    @Neeraj: I think this uptrend is a trap for all buyers as of now....i feel we are going to experience a crash in coming days/weeks....again a downfall

    Reply

    neerajJanuary 12, 2017 at 10:14 AM
    but sir after ur post, it ran like anything... any cap on upside u seing.... i mean here itself we should short or some more upside is left....?

    Reply
    Replies

    Abhishek SaddiJanuary 15, 2017 at 5:26 PM
    @Neeraj: Yes i know and that is what i found to be unusual....it is not coming with the overall pattern of NIFTY and BANKNIFTY....there are indicators that it will fall like a knife once again and create a new low below 7777 and once it does that it will go for 6825 and below zone till 6650-6450-6250.


    neerajJanuary 16, 2017 at 10:56 AM
    and sir what is the Time frame u see for this Sharp fall?


    Abhishek SaddiJanuary 17, 2017 at 7:06 AM



    ur posts of 4.1.2017

    those levels never came

    u expert
    i commoner
    no offences

    ReplyDelete
  12. getting irritated is showing ur frustration

    i am following u since last three yrs but ur analysis is not accurate or time precise
    this flaw i hv pointed out
    6250 never came u predicted in feb 2017
    ur analysis copy pasted above

    no offences

    ReplyDelete
    Replies
    1. @Sandy Jhon: Thanks for pointing out everything, that i also point out in my own analysis.....and sharing the historical posts to everyone which are there already on my blog and open for all to read.

      First thing, i have said multiple times that if there is a STOP LOSS then it should be adhered. Not adhering it has its own consequences, which you are facing, i too am a trader and understand the benefit of this.

      Not sticking to rules is something that you are ready to fall on your face.

      I am not offended at all,when i replied to you.

      The one very important thing every trader needs to understand, is whomsoever which includes me too is trading on an assumptive analysis has to understand, that there are some rules and guidelines of Elliott Wave.

      The analysis that comes up based on these assumptions and rules and guidelines also comes up with some triggers to exit your position when the analysis does not holds good.

      All the posts you have shared by taking out your time, is what is still open and available to everyone.

      And whenever i post on my blog after the stop loss triggers, i share that my stop loss triggered.

      Trading was,is and will always be your call based on my or someone else's analysis. You are educated enough to understand the inherent risks of trading in stock markets.

      If you are trading on my analysis then you should adhere to the stop losses as well. Giving blame of your actions or not taking actions on your trades to someone else is just playing the blame game.

      Also, i have never been privy to your positions that you have or had basis my analysis. I would not know the same till the time anyone shares it with me, you understand that i cannot have a dream of what someone is buying or selling and hence i always mentioned that there is a STRICT STOP LOSS for all my trades.

      All the trail of replies you have shared as an example above,is what i have written and replied to the people who have queries.

      There has been never an instance where i have shyed away in saying that the trade based on the analysis has not happened.

      One very important thing is that when you say accuracy of timing and price.

      You need to first understand that i or for that matter anyone can only give time ranges and not exact days of fall that will happen.

      Time is in no one's hand when it comes to predicting longer terms. This one thing people are not comfortable in accepting.

      Delete
    2. Also, what i have noticed is that you are cherry picking those instances where the prediction based on the analysis did not meet up or it actually went in totally opposite direction. There have been instances in November 2016 for buying given in individual stocks too...for your reference...

      ---------------------------------------

      http://abhisheksaddi.blogspot.com/2016/11/few-f-stock-specific-trades-positional.html

      MONDAY, NOVEMBER 21, 2016
      FEW F&O Stock Specific Trades - Positional 1 to 2 months
      Morning !

      This post is specifically for few F&O stock trades:

      BUY MARUTI at CMP 4830.....SL closing below 4767.....target 5100-5300-5500-5700-5900-6100....POSITIONAL TRADE....1 to 2 months......ensure a strict SL of 63 points and targets of 300-1300 range.

      ----------------------------------------

      Reply to one of the readers on 23rd January 2018 to exit longs, for your reference:

      ----------------------------------------

      http://abhisheksaddi.blogspot.com/2017/10/nifty-and-baknifty-update-on-16th.html

      Saharsh DagaJanuary 23, 2018 at 6:53 PM
      Hi Abhishek,

      Great call to go long. Looking at your current post, should we exit longs momentarily for lower levels. If so, please suggest and also suggest levels for re-entry. Thanks.

      ReplyDelete
      Replies

      Abhishek SaddiJanuary 23, 2018 at 8:48 PM
      @Saharsh: Thanks for the appreciation, hope you were there from 10270 till now as mentioned by you. Yes you are pretty much in sync with the current uptrend to take a break, the time is very near, the only issues is that usually people are not well equipped to deal with the volatility which is going on right now and will continue to increase in the coming days, so i would advise to book profits in this zone of 11000 to 11100 and wait for a fall till 10700-10600 zone to re enter, with a SL you can manage because there is a very high probability that the SL gets triggered in this highly volatile environment. I anticipate both NIFTY and BANKNIFTY to correct in coming couple of weeks and since BANKNIFTY is bigger in terms of number than NIFTY hence i anticipate more fall in terms of absolute numbers and not in percentage as compared to NIFTY.So trade accordingly.
      ----------------------------------------

      Again posted on 7th August to exit longs, for your reference:
      ----------------------------------------

      http://abhisheksaddi.blogspot.com/2018/08/nifty-and-banknifty-update-8th-august.html

      TUESDAY, AUGUST 7, 2018
      NIFTY AND BANKNIFTY UPDATE 8TH AUGUST 2018

      I would advise booking profits in your portfolios and start sitting in cash for the upcoming fall, which should be the fall which is of greater magnitude when compared with the fall from 11171 and 8968 in January 2018 and September 2016 respectively.

      These are some of the posts i have shared for you to read and while searching them i found a reply to you to :-)
      ----------------------------------------

      http://abhisheksaddi.blogspot.com/2017/10/nifty-and-baknifty-update-on-16th.html

      Below for your reference:

      sandy jhonJanuary 23, 2018 at 9:00 AM
      After 11800 what abhishek? Is there any possibility to revisit 2250 levels in nifty?

      ReplyDelete
      Replies

      Abhishek SaddiJanuary 23, 2018 at 11:26 AM
      @Sandy Jhon: Let 11800 happen first, then we will see what is next (what is the rush :-) )

      Also for the level 2250 you have mentioned, i am assuming based on my experience you have read it somewhere and hence the question.
      Wherever this uptrend finishes 11000,11300,11500,11800 or 12000 the reversal from there will for sure lead to 9119, next potential level would be 8000 and extreme scenario 6825.
      Let us first wait for this uptrend to take a pause, i assume momentarily there will be a significant correction in the coming couple of weeks and post that the uptrend will continue for both NIFTY and BANKNIFTY (Let us wait for the current uptrend to conclude)
      ---------------------------------------

      Delete
    3. The trend of fall has been very time consuming and sideways irregular, the time frame from 26th November 2018 to 8th March 2019, NIFTY has been moving in just a 500 points range.

      You need to understand that this kind of a sideways correction has taken a lot of time and the way it is has reached till date 11500+ levels, it may even go to 11700+ levels before it starts any significant correction.

      When you say that i am getting irritated and it is showing my frustration.

      This is coming up from your mind and your understanding of irritation or frustration.

      I keep that right to myself of what happens to my emotions.

      I never said that i am flawless, we are all incapable of something or the other.

      It is upto one's ability to just showcase the instances of reality in which the analysis happened the way it was anticipated or did not. You are choosing only the instances where it did not go as per the anticipation.

      I prefer to respond to queries and not react on them.

      I sense some kind of unknown animosity from your replies, which i don't even deserve, but anyways i still prefer to respond to your allegations and which do not even look like a query.

      My basic understanding is that one can write any and everything in theory but cannot show it in reality in practical terms

      For example, i have shared my real contract notes which are basis of my analysis and execution of my analysis in form of trades.

      You have been just saying that commoner like you did not make money in the anticipation of fall but not have shared anything in reality that what all places you lost money by not adhering to the stop loss.

      My stop losses in NIFTY are usually within a range of 100-200 points.

      If one does not adhere to the stop loss which i share because i myself adhere to them, then there is no sense making at all of what you are sharing.

      Regarding the news and events of geo-political happenings around the world and in India. I have never ever shared my analysis based on them. Events and news keep on coming and going.

      I do not consider events and all because i have noticed that what EW predicts for them reasons come up as news and events that happen automatically. Because people take it plainly as a cause and effect relationship in the market. Honestly as per me and that's my opinion that it follows a pattern of crowd psychology where fibonacci and ew go hand in hand at multiple degrees of trend.

      The falls you have been mentioning are of 33%-60%, which are of greater degrees and as per the rules and guidelines of EW are pretty much aligned with them.

      Expecting a fall with such a repetition again is like going for a wild goose chase. A fall from 11700 to 9119 is just 2600 odd points is just approx. 22%, because there are some fibonacci retracements to which it should adhere.

      There are different degrees of extreme optimism and pessimism in markets which when reaches an extreme on either sides takes a u turn very fast be it on upside or downside.

      I really do not know what to do, while replying to your allegations, which i have accepted and reverted multiple times in my posts and my replies to many people.

      This is kind of a time loop for addressing issues and going back and forth,but whatever i have explained above and in my previous replies to you has pretty much everything that i could,today being a weekend was easy to respond to you but on weekdays its very time consuming.

      I just can hope that this may give you the answer to your repetitive method of commenting.

      Regards,
      Abhishek

      Delete
  13. @Sandy: one more thing, i advised you to share your real identity and not a fictitious one. It would be great, if you can get rid of anonymously posting on my blog. As i shared i like transparency both ways.

    If you do not have the ability to say openly what you want to and share something real about you, then it would be a waste of time for you hiding behind something and then back firing on me by saying that i am irritated and frustrated.

    Read and think what i have just said above before posting from fictitious ID.

    ReplyDelete
  14. look there is no animosity first of all otherwise why i follow u since last 3 yrs
    only thing is elliotwave analysis of urs doesnt give precise time accuracy which leads to failed trades means u sell in anticipation of fall and vice versa

    as far as fake identity my email is irms2001@gmail.com

    and i am a director rank officer with govt of india

    this suffices as i dont want to publicly post my name on ur open to all portal for obvious reasons of being a civil servant

    ReplyDelete
    Replies
    1. @Sandy Jhon: I post my analysis with whatever limited knowledge i have about it.

      I have never self acclaimed of being an expert, nor i wish to, so the question of covering up with a stop loss does not comes in at all.

      What i am trying to explain you is, that the analysis has to be actioned upon and to act on that i personally have my own limits and hence give a stop loss,my stop loss triggered many times and whenever it has triggered, the markets have continued to go into that direction ,these stop losses are too also on the basis of some rules and guidelines, once triggered they should be adhered.

      Nobody has unlimited money to trade, if anyone has and if still that person is trading markets then its the greed and not the need or passion.

      I accepted this fact long back that analysing markets based on EW has personally given me benefit manier times and i tend to share it with everyone, but because of the random nature of markets i too have limits to an extent where i can cut my loss and do not grow further.

      If you are and have been so much active in markets then you are more experienced in terms of number of years and probably understand better than me that how random is market.

      I trying to make you understand further in this field is totally irrelevant and time consuming for both things.

      Making you or for that matter anyone understand on time and accuracy is like finding dinosaurs in today's times.

      I again reiterate that i can give time ranges which may and may not come to reality, because unfolding of a pattern in realtime markets is something very dynamic in nature.

      So this is how i define accuracy of market movements : When someone gives the date and time in terms of Hours, minutes and seconds for any particular sector, market, stock, currency, commodity and that actually happens.

      That is kind of being a god, which i am not, i hope in these last whatever 15-20 years you have been into markets, you would have witnessed that how many people have that kind of godly accuracy.

      On your identity part of being a government employee and not showing your name on open public portal means that you are investing/trading with your own money that you are not supposed to do in legal terms being in the capacity of a director level in Government of India, otherwise i do not see any kind of reason why one cannot disclose their identity on a public forum.

      I suggest you that if that is the case what i have mentioned above, then you should re consider on trading in equity markets and trying to hide that, because they way you are explaining that identity cannot be revealed comes into illicit practices being performed at your end.

      You are smart enough and more experienced then me for sure, but i fail to understand that within these last years you were only able to highlight those incidents where the analysis gets ripped apart and STOP LOSS gets triggered and not even considering that i have many other posts as i shared in my response to you.

      So as per me, we have reached a stage that come what my whatever i respond to you,you would end up in coming up in a looped response for which i genuinely do not have anything to say.

      Abhishek

      Delete
  15. with time accuracy i mean u taking in jan 2017 for 6250 it never came similarly who knows 14000 will cum first or 9119 first
    time prediction with accuracy is major flaw
    stoplosses are ok ,but which i see as escape routes in lighter notes if analysis fails

    no offences

    ReplyDelete
  16. i am in stock market since 2002 and was one of the first clients of indiabulls online trading and trading in mutual funds since 1992 at the age of 17 yrs ,so i am not novice ,seen makets since dotcom harshad mehta scam etc,but i am not elliotwave expert

    time prediction r major flaws and stoplooses are escapes to cover them ,it is not urs but every expert socalled elliotwave analyst is they dont give exact timings

    this summs up ur fake identity ,animosty queries etc

    ReplyDelete
    Replies
    1. @Sandy Jhon: And genuinely if you are so much fed up of people who call themselves so called experts (I am not an expert..just reiterating that fact) at elliott wave, then what has been making you read my blog since last 3 years. You should have discontinued long back.

      I totally get your point when you are highlighting that my analysis is probably going for toss and there were flaws. But i want you to understand that i am just a nano particle when it comes in front of stock markets and i say that again, with whatever limited knowledge and experience/observation i have into markets i share the same via my blog with limits to cut losses in terms of STOP LOSS.

      I already mentioned that i don't need to cover up anything on my blog by giving a stop loss. I am as transparent as it can get when sharing my analysis and accepting it what happened as a post facto event.

      But your questions are now coming up to be closed ended and in a repetitive loop form to which my answer will not change if you ask or mention something similar on those lines.

      I rest my case here.

      Delete
  17. i dont follow ur blog only, there r several but i take my decision

    ur blog allows criticism and interaction so pointing out what i feel

    not following or following is irrelevant as it is my money and i decide when and where should be used

    had ur blog not allowed visitors post i may not hv pointed out what i feel

    take criticism in healthy way

    i also rest my case

    ReplyDelete
  18. i can. give example, i follow sweeglu elliotwave analysis, do google to find it, it is updated weekly but no visitors post allowed

    this person self proclaimed expert 99 percent is always wrong still keeps publishing

    what i mean to say the readers should not be blind followers instead should take their decisions as it is their money

    stoplosses are just escape routes as self proclaimed experts are never sure so they keep their alibis had it been sureshot all experts would hv been. ambani birlas etc

    this sweeglu guy asks 500 rs for paid analysis every month from clients so his portal is potential lure for duffer clients

    i am not a follower in true sense as u read any or evry news channel likewise u hv internet and want to keep abreast of latest elliotwave bullshit and new pundits in markets

    no offences please

    ReplyDelete
    Replies
    1. @Sandy Jhon: When you don't follow me and i have given you the liberty to everyone to ask their queries,but your queries are now converted into views and criticism.

      So i will give you a definition of a critique.

      Critique is someone who is asked by someone else to critique their work, in this case take the example of my blog only.

      Critique becomes a qualified critique when they themselves prove themselves in the field that they are criticizing on
      and they also only critique when they are ask for their advice.

      I have kept my blog open for everyone's query, its upto them how they utilize it.

      I reserve my right to comment on someone else's analysis or comment because i am not anyone to judge or comment to any person.

      You keep on saying no offences please but the verbiage/words you are using in your post to me are bullshit, which is certainly defaming someone.

      What is the point you are really wanting to highlight here ?

      when you know that it is your money then why are you blaming me for the trades that you do (which you are saying you have done) ???

      This is the most sane thing i have heard and is considered as common sense that readers should take their decision as it is their money.

      So i am kind of puzzled what do i have to reply to such kind of statement which is general and common sense in nature.

      If you have been in the markets for the last 17 years, thats like my half life from my current age. When you are so much experienced then why are you not posting something based on your observations of last 17 years on your personal blog and share it with people.I exercise this cycle Learn->Execute->Share. You are keeping your valuable knowledge to yourself, which is something very selfish in nature.

      On top of it you are passing your time in reading everyone's analysis and blaming other people who have given that liberty to you (like me).

      Request you to maintain sanity in your responses and do not react.

      Otherwise you are nothing but someone just shouting on something which is not even their content but a reiteration of someone else's content.

      Delete
  19. look u r getting offended unnecessarily

    my portfolio runs in crores, i am a civi servant so i am accompalished

    i want other readers of the blogs so called expert bloggers to read their analysis with brains wide open and dont get fooled

    ReplyDelete
    Replies
    1. @Sandy Jhon: If you are accomplished then you should help others to reach there, don't you think so ??

      That is appreciative of you to be concerned for people.

      Delete
  20. anirudh sethi was banned by government fr similar reasons and many so called tippers

    ReplyDelete
    Replies
    1. I think he used to attract people for investment, which i am certainly not, so you tagging me to these kind of people is again one of your attempts to defame me. Help others if you are accomplished in your life.

      And if this is your attempt to threat me, then i am sure i am not that big a blogger to get attention as i am not doing an illicit practices.

      Concerning you as a civil servant and hiding your identity, i think that comes under illicit practices.

      May be you should be tracked by your ip address on my blog post and someone should report that you are indulged in stock market speculation practices being a government employee at a director level.

      Delete
  21. look u track it or do whatever u want, everybody doesnt have skills to make money, they rely on u bloggers so called expersts who start their websites without any government clearance to entice gullible fellows

    can u predict tomorrow market behaviours on ur elliotwave shit with guarantee what to talk of april may

    and as far as my being civil servant i worked and studied hard to make it that way and may i ask which permissions u hv taken to run this blog, ideally i should be reporting u for running a blog on speculation without sanctions it is prohibited see government rules and sanctions befr advising others

    ReplyDelete
  22. U NEED A PERMISSION TO RUN A WEBSITE ON SPECULATION AS PER EXTANT GOVERNMENT RULES, please do a reality check

    ReplyDelete
  23. none of ur timebased predictions cum true, i just pointed a flaw, u r too arrogant to understand this and taking ur fight personal
    was giving u a advice to correct time flaws in ur analysis to be more accurate and helpfulbut u too egoistic and arrogant
    i am resting my case
    goodbyeee for ever

    ReplyDelete
  24. @Sandy Jhon: Looking at your replies to me from last one week, you neither look like a 40+ years old guy and nor you look like a guy who has a portfolio worth crores. Otherwise you would not be wasting your time on my blog....LOL

    Be my guest to report to whomsoever authority you have to. I know what i am doing, as this is not for any commercial purposes.

    And please i have got it very clearly that you are just another person from moneycontrol messaging board who can just hide behind some ID with some unrealistic reasons of being a government employee....LOL.

    My weekend is still left buddy, i have better things than replying to you.

    Enjoy.

    ReplyDelete
  25. abhishek bhai market to girti nhin kya karein apke sabhi stoploss trigger ho rhe

    PTC india ka chart dekhkkar kucch guide kar sakte bought

    ReplyDelete
    Replies
    1. @Sandeep: The last stop loss i gave was way back in last year at 11100 for anyone who was trading. It has been pretty long,when it was given by me.

      Delete
  26. abhishek saddi ji kripya kucch update keejiye stoplosses of urs hitting, i am in huge loss taking bearish positions on ur analysis

    ReplyDelete
    Replies
    1. @Sandeep: When you say stop loss of yours is hitting, that means it is hitting continuously. That means i have given multiple stop losses that are hitting. The last stop loss i gave wasat 11100 and i have mentioned that multiple times that stop loss if given is strict and should be adhered to. Regarding your trade, you should adhere to stop loss given by me, if you are adhering to my analysis,because both go hand in hand. My NIFTY stop loss is usually 100-150 points. Triggering that means its a safeguard.

      Delete
  27. Replies
    1. @Sandeep: As of now i do not have any update and waiting for this uptrend to pause,which has given some signal of a sell off to start, looking at today's fall.When there is an update, i would provide the same. Till then nothing from my end.

      Delete