Thursday, April 30, 2009

Work Without Motive

Swami Vivekananda's talk:

The Gita teaches karma yoga. All work must be done with concentration (yoga). In such concentration in action (karma yoga), there is no consciousness of the lower ego present. The consciousness that "I am doing work" is never present when one works through yoga.When we work with concentration, losing all consciousness of ourselves, the work that is done is infinitely better. Every one may have experienced this in their own lives.

We do many things unconsciously, such as the digestion of food etc. We do other things consciously, and some things we do by becoming immersed in Samadhi, as it were, when there is no consciousness of the ego. If painters lose the consciousness of their egos and become completely immersed in painting, they will be able to produce masterpieces. Good cooks concentrate their whole self on the food-material they handle; they lose all other consciousness for the time being. But people are able to work perfectly in this way only in fields they specialize in. The Gita teaches that every work should be done in that way. Those who are one with the Lord through Yoga do all work by becoming immersed in concentration. They do not seek any personal benefit. Such a performance of work brings only good to the world, no evil can come out of it. Those who work thus never do anything for themselves.



The result of every work is mixed with good and evil. There is no good work that has not a touch of evil in it. Like smoke round the fire, some evil always clings to work. We should engage in those activities that bring the largest amount of good and the smallest amount of evil. One example of this is the killing of Bhishma and Drona by Arjuna. If this had not been done, Duryodhana could not have been conquered, the force of evil would have triumphed over the force of good, and thus a great calamity would have fallen on the country. The government of the country would have been usurped by a body of proud unrighteous kings, to the great misfortune of the people. Another example is the killing of Kamsa, Jarasandha, and other tyrants by Sri Krishna. Not a single one of Krishna’s deeds was done for himself. Every one of them was for the good of others.

We are reading the Gita by candle-light but, at the same time, many insects are being burnt to death. Thus it is seen that some evil clings to even good work no matter what. Those who work without any consciousness of their lower ego are not affected with evil, for they work for the good of the world. To work without motive, to work unattached, brings the highest bliss and freedom. This secret of karma yoga is taught by Sri Krishna in the Gita.
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Karma Yoga is taught these days as "Power of Now"...
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Vivekananda's Quote of the Day

Why are people so afraid? The answer is that they have made themselves helpless and dependent on others. We are so lazy, we do not want to do anything ourselves. We want a Personal God, a Savior or a Prophet to do everything for us.

Wednesday, April 29, 2009

Nifty has Bullish 5th wave possibility..!!

Bulls back with a good recovery to close above the 5DMA to keep the further upmoves possibility alive.(5 days of action packed into 3 days of trading)
Yesterdays action indicated weakness/ selling at higher levels. However, as most of the TA parameters indicate continued bullishness, ride on till reversal indications arise. Let us not anticipate unless - ve div develops in hourly initially.
The range for the past many days 3300-3350 to 3495-3517 is still being traded on.
Staying above 3440 levels, Nifty may head higher towards 3550-3650.
Fall below 3380 will weaken the bulls.
Closing below the previous day's low(Or Week's) is another weakening indicator.
A channel break initially indicates a 4th wave confirmation and the reversal back into the channel - the 5th wave heading higher.





Tuesday, April 28, 2009

Nifty breaks the channel & closes below daily short term averages..

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8.55AM - 29.04.2009
Having shown a 2 day reversal, market may do a bounce for this fall with a 2-way move today being the last day of settlement.
3355-3385 may be a support zone with 3440-3470 a resistance area.

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Nifty finally caved into the weakening TA with some -ve div, a potential double top, consistently weak world cues and a major channel break coupled with 2 day swing reversal & closing below short term averages.

During the earlier fall from 3510, 3295-3310 gave multiple supports.
Now the 20 DMA has moved up to that range. So we might pause around that level again.

Market has shown resistances at 3420 & 3440...and now towards supports.
With daily having turned down, it is unwinding as well as sell on bounces till a reversal signs emerge...




Monday, April 27, 2009

Nifty maintains uptrend inspite of weak world cues..

Uptrend continues. But momentum has weakened..If it is a correction, it should hold 3440 or 3400.A move past 3485-3495 may bring in the momentum.
With a long weekend ahead, volatality will be high as it was today.
Buy/ sell in the range of 3420 - 3520. Break on either side may bring in the momentum.