He returned to the subject a few days later. "You are still a child. You only know how to attend college. You have not mastered four things. Master them and then you will have attained something.
Saturday, June 4, 2011
I thought I was perfect.
As a young man I thought I had perfected myself and that I didn't need any further teaching or study. I felt there was no swami in India as advanced as I because I seemed to be more intellectually knowledgeable than others, and I was myself teaching many swamis. When I conveyed to my master this inflated opinion of myself, he looked at me and asked, "Are you drugged? What do you mean?" I said, "No, really. This is the way I feel".
He returned to the subject a few days later. "You are still a child. You only know how to attend college. You have not mastered four things. Master them and then you will have attained something.
He returned to the subject a few days later. "You are still a child. You only know how to attend college. You have not mastered four things. Master them and then you will have attained something.
Friday, June 3, 2011
Nifty PreMarket View
DineshRishi has forwarded an Excel file whose author is Gagandeep that helps to maintain your Trade details with minimum inputs from your end. "Knowing yourself" through this excercise would improve/ sharpen your trading skills which no other study or guidance could do. Start right away and make sure you fill in the "Reasons for the trade entry/ exit, etc" to make it more meaningful and effective.TRADER LOG. Thank you Gagandeep & Dinesh Rishi.
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"5529" & "5555" are the two numbers that would decide the "ST Bull" continuance into the next week or resumption of bear trend. BN has triggered a sell as per TT but needs a follow up action today to confirm it.
Thursday, June 2, 2011
Nifty PreMarket View
In Bear markets, when index trades below 200sma & rises for 5 consequitive days(BN did), selling at such junctures proves highly profitable.
Wednesday, June 1, 2011
Nifty slowing down near the 5600 mark with OB ST & some -ve div.
This view of "Inverse H&S" is valid if resisted @ 5600-5625 and the subsequent correction gets arrested @ 5455 or 5480.
No weakness is yet seen in TT and hence tomorrow's price action holds clues to this view.
Thank you all for continuing an objective analysis.
No weakness is yet seen in TT and hence tomorrow's price action holds clues to this view.
Thank you all for continuing an objective analysis.
Nifty PreMarket View
Will not be available to intra update. Suggest one of our readers to update on DHEma-HHEma-HCEma & HLEma for possible support points for intraday traders.
Nifty has entered the resistance zone @ 5565-5625.50Dma is @ 5635; the effort to reach the resistances with a near 250-300 points rise as well as a potential completion of a 5-wave up(Hour)would bring in a correction which could be shallow - 23.6% to 38% or deep to 50% or more.
Only a close above 50Sma would signal a bigger rise (to 200sma or more)while a fall below 5440 would reverse this upmove.(These levels would change as the market progresses).
Nifty has entered the resistance zone @ 5565-5625.50Dma is @ 5635; the effort to reach the resistances with a near 250-300 points rise as well as a potential completion of a 5-wave up(Hour)would bring in a correction which could be shallow - 23.6% to 38% or deep to 50% or more.
Only a close above 50Sma would signal a bigger rise (to 200sma or more)while a fall below 5440 would reverse this upmove.(These levels would change as the market progresses).
Tuesday, May 31, 2011
Monday, May 30, 2011
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