CHAPTER 2, SHLOKA 45
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Month: January 2014
NIFTY , BANK NIFTY AND OTHER STOCKS
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.Consult your financial advisor only before you trade.
CNX NIFTY 6,266.75 -78.90 -1.24 %
Nifty is moving listlessly in a triangle.The breakout on either side with volumes will decide the direction.On the upper side look for a break of 6416 and on the lower side look towards 6129.
WEEKLY NIFTY
Weekly Nifty is making a lot of topping tails.Also it is moving inside the Big black candle of 13 th December/
BANK NIFTY 10,982.40 -216.60 -1.93 %
Bank Nifty as I had mentioned earlier has been moving in a Higher bottom higher top formation on the weekly charts.Only a break and close on weekly basis below 10412 and 9582 may reverse the uptrend.
SRIMAD BHAGVAD GITA —– LORD KRISHNA’S OWN WORDS
Instil The Principles Of Bhagwad Gita In Your Life Towards Path to Happiness
CHAPTER 2, SHLOKA 44
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The desire ridden are those who do not attain equanimity of mind because their mind is always restless to grab this or that object of sense enjoyment.Lord Krishna says majority of the people forget the Aim of life i.e “Samadhi” or merging into God.They keep on resorting to rituals to satisfy their Artha ( prosperity) and KAma (fulfilment of desires) and forget to meditate and thus achieve God.
Now a days we see people indulging in all bad activities and then go to places of worship and perform some rituals and feel that their Sin has been forgiven or atoned for.These are the type of people whom Krishna is criticising saying that they have not “grown up” i.e they are not followng their Dharma and hence getting away from the Aim of human birth i.e attainment of God.Slowly they lose the Discrimination power as to what is right and what is wrong.
My Next Post Will Be On 24 th January.
SRIMAD BHAGVAD GITA —– LORD KRISHNA’S OWN WORDS
Instil The Principles Of Bhagwad Gita In Your Life Towards Path to Happiness
CHAPTER 2, SHLOKA 42
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CHAPTER 2, SHLOKA 43
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Here I had to put two shlokas together to get the correct meaning.In shloka no 42 Lord Krishna says the unwise delight in the flowery words of the vedas ( see note 1).Does he mean that one should not follow vedas.The answer is NO.First read the notes below then come back to the second para.
Here we have to take into account the Desha , Kaala, Paatra i.e Who said to Whom and When under what circumstances.Here Lord Krishna says that majority of the people only follow the “Samhita” and “Brahmanas” portion of the Vedas and get stuck there.They are only concerned about Artha ( prosperity) and Kama( enjoyment of desires) and do not go to the third and fourth stage to attain Moksha.So he says after enjoying the Artha and Kama one should fix his mind on God and attain Moksha or Liberation.Getting stuck to the first two stages will lead to heaven and after exhaustion of good karma will get rebirth.But it will not give moksha.
While the third and fourth divisions namely Aranyakas and Upanishads teach one to mentally meditate upon God and attain Liberation.
Secondly, should not one pursue Artha and Kama is the question.That is why I said we have to see that Lord Krishna is telling this to WHOM.He is telling it to Arjuna who has passed through Artha and Kama and this battle will allow him to establish Dharma.So he has got to pursue only Moksha.
So if you are a graduate from college try to attain Artha and Kama on the path of Dharma.But don’t get stuck there, try next levels as age progresses.
NOTE 1
The Srutis are called the Vedas, or the Amnaya. The Hindus have received their religion through revelation, the Vedas. These are direct intuitional revelations and are held to be Apaurusheya or entirely superhuman, without any author in particular.
The term Veda comes from the root ‘Vid’, to know. The word Veda means knowledge.
The Vedas are the eternal truths revealed by God to the great ancient Rishis of India. The word Rishi means a Seer, from dris, to see. He is the Mantra-Drashta, seer of Mantra or thought. The thought was not his own. The Rishis saw the truths or heard them. Therefore, the Vedas are what are heard (Sruti). The Rishi did not write. He did not create it out of his mind. He was the seer of thought which existed already. He was only the spiritual discoverer of the thought. He is not the inventor of the Veda.
Vedas are divided into four divisions namely :
a. Samhita
It is the name given to the collection of mantras or hymns and prayers in praise of Deities for attaining prosperity here and happiness hereafter. Samhita portion is considered as the principal text of a Veda. This portion is mainly meant for Brahmacharis, those who are in the first stage of their lives.
b. Brahmana
This portion of a Veda guides people in the performance of Vedic Karmas or sacrificial rituals; they are the prose explanations of the method of using the mantras in the Yajnas and other rituals. Brahmana is suitable for the householders, those belonging to the second stage of their lives or Grihasthas.
c. Aranyaka
When one seeks the solitude of the forests (Aranya) for further concentration, the physical performance of Yajnas will be impracticable for various reasons more so due to old age. The Aranyaka portion is addressed to the people of that category offering a substitute for rituals. They teach methods of meditation based upon symbolical interpretations of sacrificial rites. It is a process of performing Yajnas and sacrifices at the mental level. The Aranyakas are intended for the Vanaprasthas or people who are in the third stage of their life.
d. Upanishads
The Upanishads are the concluding portions of the Vedas which discuss philosophical issues. They are the essence of the Vedas containing their knowledge aspects. This is meant for people following the fourth stage of their life or Sanyasa.
SRIMAD BHAGVAD GITA —– LORD KRISHNA’S OWN WORDS
Instil The Principles Of Bhagwad Gita In Your Life Towards Path to Happiness
UDUPI SRI KRISHNA
CHAPTER 2, SHLOKA 41
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People feel, I am a householder so what is the advantage of spirituality for me ?I have to work the whole day for a living , so does spirituality fit my routine ?
Sri Krishna says, through spirituality — a concentrated mind is developed and a concentrated mind can concentrate better on the work at hand,A person whose mind is not concentrated gets thousands of thoughts every moment.Mind is like a monkey which jumps from one thought to the other.It always broods about the past or is dreaming of the future but never in the “PRESENT”.People do their work routinely thinking something else and not the work at hand.As a result the quality of work suffers.
A concentrated mind concentrates on the work at hand and does not think of unnecessary thoughts like “if this happens”, “if that happens” etc etc.So lord here says that a mind which is not concentrated is like dispersed light passing where as a focussed mind developed through spirituality is like a laser.
The gist is that spirituality helps a person develop his mind and enables him to perform day to day activities better.
SRIMAD BHAGVAD GITA —– LORD KRISHNA’S OWN WORDS
Instil The Principles Of Bhagwad Gita In Your Life Towards Path to Happiness
SRINATHJI
CHAPTER 2, SHLOKA 40
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Normally people put in effort if they have a hope of success or if everyone else is doing.They first look at what is the gain to me.A farmer after he sows the seeds may lose the whole crops if there are no rains, a businessman may lose his investment if he cannot gain profit or because of a competitor.But here. Lord Krishna says that one who treads the path of Dharma never loses.He says even a little practise will make him fearless.The body’s first instinct is to save it, from death.So a man who treads the path of Dharma understands that Atman never dies, it is only the body that dies.So he loses the fear of death even if he tries only a little of dharma.
SRIMAD BHAGVAD GITA
Instil The Principles Of Bhagwad Gita In Your Life Towards Path to Happiness
CHAPTER 2, SHLOKA 39
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Hinduism consists of six schools of philosophy or “astika” orthodox schools of thought or “darsanam” which consider the Vedas as supreme scriptures.The astika schools are
1 Samkhya
2 Yoga
3 Nyaya
4 Vaisheshika
5 Mimamsa
6 Vedanta
Samkhya system is attributed to Sage Kapila.It means enumeration.They accept Pratyaksha or perception, Anumana or inference and Shabda or verbal testimony. They don’t accept Upamana or comparison. Sankhaya accepts only two realities, namely, the Prakriti or the insentient nature and the Purusha or the soul. These two are eternal according to Kapila. According to the Sankhya system of philosophy, something can never be produced out of nothing. Prakriti is constituted of 24 categories and Purusha or Atman is the 25 th.Purushas are infinite in number.Here Krishna indicates Samkhya for ” self Knowledge”
Theory and practise are two aspects of every branch of knowledge.One is understanding the logic and fundamentals of the subject while other is the application.
So Krishna says, Atman which cannot be explained fully has been explained in the best possible way.But to realize it you have to practise it yourself.
People think living a spiritual life means giving up materialistic life.It is not so.But practising spirituality in everyday materialistic life is Yoga.Yoga is not doing half an hour Asanas, pranayamas and meditation and then shout at others.It is practising this calmness throughout the day.Live and enjoy the life fully but do not fret over the results.Krishna says Yoga can be practised whether one is sitting on meditation mat or in his factory or in a battlefield.
SRIMAD BHAGVAD GITA
Instil The Principles Of Bhagwad Gita In Your Life Towards Path to Happiness
CHAPTER 2, SHLOKA 38
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Here Lord Krishna is giving the characteristics of “Stithaprajna” or stoicism.A person whose mind is unperturbed by profit and loss, pain or pleasure , victory or defeat is the greatest Yogi.
People always carry their work with the motive of “what is the benefit to me if I do it”.His mind is attached to the fruits of his work and will be swayed by the fruits accordingly i.e will be excited if he gets more than his work and be dejected if he gets less.In the modern world, a person is considered smart if he gains “more” by doing “less” work.A sincere person is looked down upon as “inefficient”.THINK.
So does it mean, one should not earn good money ? The following story will clear the doubt.Once a Sadhu was passing by a village.He saw a construction going on and labourers were carrying bricks on their heads.The Sadhu asks the first labourer — what are you doing?The first labourer says I am carrying on work to feed myself and my family.The sadhu asks the same question to the second person and he replies “can’t you see, I am carrying bricks for construction”.Similarly the sadhu puts the same question to a third labourer and he answers “I am building a beautiful Krishna temple”.All three labourers were doing the “same work” but all the three had different answers because they were carrying on the same work with different “ATTITUDES”. This is what matters.
NIFTY , BANK NIFTY AND OTHER STOCKS
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.Consult your financial advisor only before you trade.
CNX NIFTY WEEKLY
BANK NIFTY WEEKLY
Since Nifty and Bank Nifty are giving mild downward to sideways trend , I feel it is better to avoid them till results start pouring in and a clear trend emerges.
Markets will be sector specific with IT and Pharma sector doing well.I am giving below some specific scrips.
Last Week’s recommendation i.e TCS rocked.
TCS
TCS still looks good for holding, move the stop to 2090 .If market collapses, book partial profits.
AXIS BANK
Personally I have never been bullish on the banking stocks.But this scrip looks good since it is above the 200 dma.Can buy on corrections with a close below 200 dma of 1195 as stop.
LUPIN
As far as Lupin stays above 925, it is bullish.Stop is a close below 896.
PVR
High risk involved.Stop at 557.Stop loss is very far, so may be buy on dips.
SRIMAD BHAGVAD GITA
Instil The Principles Of Bhagwad Gita In Your Life Towards Path to Happiness
CHAPTER 2, SHLOKA 37
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SRIMAD BHAGVAD GITA
Instil The Principles Of Bhagwad Gita In Your Life Towards Path to Happiness
CHAPTER 2, SHLOKA 36
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devadasnayak 