Tuesday, May 5, 2009

a real BURST !!!!!

success and failure are truly part and parcel of life,,one must learn to accept both of them,without forgetting that ,it has very little concern with what WE do,but has lot of concern with what THE ALMIGHTY wishes ,us to do....so basically our duty is to do the job,in the best possible way,putting best efforts at all times,,life will reward us on its own terms.
i started writing the blog ..when after a very big bull-wave, sensex was awaiting a deeper correction than ever before..so on 12th jan 2008, i wrote one article suggesting the same,,when almost everybody was extremely bullish..,,back on 16th oct-2008,,when pessimism was at its best,,almost everyone was heavily bearish...talking of 2200 and even 1800 for nifty and around 5000 for sensex..i titled my article...TIME TO INVEST...and india hits botom...who believed me ??..even non technical part of my mind was in doubt..but my subconscious mind was telling me something else..so iwrote that piece,,there were some powerfull basic and logical principles behind that article...and vow !!!!!! six months down the line ,and now everybody s talkin about bull markets back..believe me ITS NOT ME ITS HE prompted me to dare write such articles...anyways..its the great subject thats helping me to time the markets.

now, for the current rally,, on march 29 2009 when nifty was at 2980 levels i wrote clearly that we have hit the bottom..a huge 700 points rally folllowed than on april 12 2009 i did give nifty tgts of 3700 around..and we are here .looking at yesterdays powerful gapped-up open and stronger close..all chances are there that sensex will extend this upmove upto 12392--12620 levels and nifty may touch 3819 around.before either taking a pause or correcting substantially..i will take call of charts ,suggesting weakness as n when it produces one,,..till than ..jai sainath.

3 comments:

Sujatha said...

very good and a must read article, think u r a very GOD feard and religious person, that's why writings are coming down like a falls....

so, indices r still in the mode of buy in dips...

thank u very much for your hardwork
as well as if u post your chart along with ur articles, to enable us to learn about chart...

Thanks in advance.

Stockchart said...

thanks,will put charts too in future...if you are realy happy with my work,recommend my blog to ur contacts,,frankly i am very poor in marketing,,so help me in that part,,,thanks again.

Sujatha said...

Register your name with AIII and u can post your views there...

It will go to everybody who r all members there...and the subscribers too....