SRIMAD BHAGVAD GITA

LEARN BHAGVAD GITA SHLOKA WITH WORD BY WORD MEANINGS

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CHAPTER 2,   SHLOKA 14

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2-14

The sense organs and their functions are namely eyes- see, ears-sound,tongue-taste, skin =touch, and nose=smell .The sensations may both be favourable and unfavourable but they are impermanent.Music which one listens to with ears is pleasurable but harsh and bad words are painful.Both the music and harsh words are heard by the same sense organ namely ears. Similarly heat and cold are also similar examples, one may like ice cream during summer but the same ice cream is avoided by a person having cold.Pleasure and pain are therefore impermanent. A person who understands their impermanency can bear the viscissitudes of life.

NIFTY AND BANK NIFTY

DISCLAIMER: These notes/comments have been prepared solely to educate those who are interested in the useful application of Technical Analysis. While due care has been taken in preparing these notes/comments, no responsibility can be or is assumed for any consequences resulting out of acting on them.Trading in Stocks/Commodities/Futures Carry Risk.

CNX NIFTY 6,115.35  +119.90  + 2.00 %

Nifty did not break the low of 5972 and instead is making a pattern.Yesterday I had mentioned that Nifty is forming a “Pattern Gap” so may make a pattern.After a pattern is formed, trade the breakout from the pattern in whichever direction it goes.

NSEIND

BANK NIFTY  11,083.40  + 406.05 3.80 %

Same case with BankNifty which did not break 10412 because of presence of pattern gaps and is making a pattern.

NSEBNK

NIFTY AND BANK NIFTY

DISCLAIMER: These notes/comments have been prepared solely to educate those who are interested in the useful application of Technical Analysis. While due care has been taken in preparing these notes/comments, no responsibility can be or is assumed for any consequences resulting out of acting on them.Trading in Stocks/Commodities/Futures Carry Risk.

CNX NIFTY  5,995.45   -3.60    -0.06 %

Keep your trading horizon clear as to whether you want to trade the Daily Charts or Weekly charts.

Nifty,  I had asked last week to readers of my blog to avoid it.And the movement of NIFTY has vindicated my analysis by going up for a day and back to square one by coming back to 5972 , the low of the previous week.

Nifty daily as you can see was forming a series of higher bottom higher top formation.On 13 th November it made a lower low.So I was waiting for a lower top formation, which will be considered complete only if Nifty breaks below 5972 on a closing basis.There are some pattern gaps shown by pink circles last week so I doubt a sideways week may be in the offing.Will keep posting as it develops.

NIFTY DAILY

NSEIND

NIFTY WEEKLY

The weekly Nifty is as of now bullish since it is making a higher bottom higher top pattern.A break and close below 5700 on a weekly closing basis will be the first warning sign of a Weekly Lower Low.Only on the Upside because of the Dark Cloud Cover Nifty is facing resistance near 6350 levels.

NSEINDW

BANK NIFTY

BANK NIFTY   10,677.35   -29.55    -0.28 %

Bank NIfty if it breaks the bottom at 10412 will confirm a lower top lower bottom formation.

NSEBNKdaily

 

NIFTY BANK WEEKLY

Till BankNifty breaks and closes below 9582 on a weekly closing basis it is bullish.

NSEBNKweekly

SRIMAD BHAGVAD GITA

LEARN BHAGVAD GITA SHLOKA WITH WORD BY WORD MEANINGS

r37

CHAPTER 2,   SHLOKA 13

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2-13

A human body passes through infancy ( sisu), preteens ( Kumara/kumari), adolescence(kisora/kisori); yauvana (youth),middle age(madhyavayas) and jara (old age).During the passing of the physical body through these stages, the body and mind go about a lot of transformation, but the soul is the same, it is unchangeable.In the same way, when the body dies, the same changeless soul passes or transmigrates to another body.Change is affected upon the body made of 5 elements of nature namely earth, air, water. fire and ether and not to Atman or soul which is not made of these.An enlightened person knows that Atman is imperishable and does not grieve when the body is subject to sukha ( happiness) and dukha( unhappiness), heat and cold etc.