Karmanye Vadhikaraste Ma Phaleshu Kadachana ...and get enlightened.

mnmlist: wash your bowl

There’s a famous Zen story that goes:
A monk told Joshu, “I have just entered the monastery. Please teach me.”
Joshu asked, “Have you eaten your rice porridge?
The monk replied, “I have eaten.”
Joshu said, “Then you had better wash your bowl.”
At that moment the monk was enlightened.

Nifty's corrective downmove stalls just above the pivotal 5550.

Nifty Intraday Update-III

Nifty Intraday Update-II

Nifty Intraday Update-I

Thank You...Dinesh Rishi for being there for me always.

A meaningful 3rd Anniversary..... Thank you.

"Sharing has never made anyone poor".

This journey has been enriching me in more ways than I could ever have imagined and it continues to be so. I have got more from your interactions here than you would have received.
My heartfelt, sincere gratitude to each one of you...both seen & the unseen readers... both critics and admirers.. both leaders and followers... both seriously inclined and the jovial ones.
Remember always the things that are shared here and not the names, for this journey is more important than the individuals. The teachings remain forever but someday the teacher will disappear. Teachings are more important than the teacher for the teacher is just an intermediate courier.

I am sure..in the years ahead, we'll grow together here...Get rich slowly & quietly & part ways once the growth has happened. While I remember those who have parted ways ...both with a bye as well as without a bye, I am immersed & lost(Gajini) in the company of those who are here.

Nifty seem to have completed the corrective bounce.

Few good divergence trades and the alerts that suggests of OB & OS areas.
Few good divergence trades and the alerts that suggests of OB & OS areas.
TT is mainly to assess the overall strength & weaknesses in different time frames(T/F) to design a favourable risk-reward trade-plan.

Nifty Intraday Update-III

Nifty Intraday Update-II

Nifty Intraday Update-I

Nifty PreMarket View

Nifty correcting up the fall, holding above 5550.

Nifty Intraday Update-III

Nifty Intraday Update-II

Nifty Intraday Update-I

Nifty PreMarket View.

Nifty stops @ 50sma in the middle of the fall.

Nifty Intraday Update-III

Nifty Intraday Update-II

Nifty Intraday Update-I

Nifty PreMarket View

Dear Sanjay.K.Jaiswal & FIRE,

Many Many Happy Returns of the Day. Best Wishes for a glorious year ahead.

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If finds support around 5500(5496 being 61.8% retrace & minor "iv"th of 3rd), another attempt to breakout is possible. Any close below 50sma(5500apprx) would alter the uptrend scenario.
As suggested earlier, 5550 is a pivotal point and 5571 being weekly pivot & WEma, below which 5495 may be attempted.