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.Consult your financial advisor only before you trade.

NIFTY DAILY

Nifty daily may finish wave v of 3 near 8250 ( approx) and then may correct for some time.Longer term targets on the Weekly are still bullish which you can see by the wave markings.Since last 2 months I had been saying that longer term market is bullish, so don’t try to pick the pennies of correction and be pound foolish.

Nifty Daily

NIFTY WEEKLY

Nifty Weekly

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Sabudana Vada

Gastronomy

Serve these crunchy and deliciously addictive vadas with your favourite spicy chutney or tomato ketchup.

87_Sabudana_vada
Makes 14

320g potatoes, boiled and peeled
3/4 cup/145g medium pearl sago, soaked in water for 6 hours or overnight and drained
1/3 cup/60g roasted peanuts without skin, coarsely ground
1 teaspoon cumin seeds, ground
1/2 teaspoon amchur powder
1 tablespoon finely grated ginger
1 green chilli pepper, finely chopped
2 tablespoons finely chopped coriander leaves
Salt to taste
Vegetable oil for deep-frying

Method
1. Place all the ingredients in a bowl and mix, mashing the potatoes and sago, until a soft, slightly tacky lump of dough has formed. Do not add any water.

2. Lightly grease your palms with a little oil and divide the dough into 14 equal parts. Shape each into a ball and slightly flatten it to form a disc of 2-inch/5-cm diameter.

3. Deep-fry the discs in batches, turning occasionally…

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SRIMAD BHAGVAD GITA — LORD KRISHNA’S OWN WORDS

JNANA KARMA SANYASA YOGA

THE YOGA OF RENUNCIATION OF ACTION IN KNOWLEDGE

Sriyantra

SRI CHAKRA THE YANTRA OF GODDESS —— HAPPY DUSSEHRA

CHAPTER 4-12

4-12

Men want fruits of actions instantly and the expected fruits which one gets as a result of his action is called success.No one wants to be a failure or likes it.So people run from one God to the other with the list of desires.So Lord Krishna here says that men want “everlasting” peace yet are satisfied by temporary happiness when they get the objects of their desires which are sensual in nature.So everyone seeking objects of desires like wealth, house, power etc goes after this God or that God thinking they will get instant result.

SRIMAD BHAGVAD GITA — LORD KRISHNA’S OWN WORDS

JNANA KARMA SANYASA YOGA

THE YOGA OF RENUNCIATION OF ACTION IN KNOWLEDGE

r413

CHAPTER 4-11

4-11

Here Lord Krishna says, that he responds to devotees according to their expectations.If a devotee believes that God is the fulfiller of his desires then he does respond like that, if he believes that God is the giver of spirituality and knowledge, then he responds in that way.What ever the temperament a devotee has towards God, God responds in that way depending on the devotees’ capacity.

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.Consult your financial advisor only before you trade.

NIFTY DAILY

Two possible scenarios emerge from current price action.

Scenario 1 : Preferred count : Wave 1 of 5 is complete and wave 2 of 5 is currently forming.After this wave 3 of 5, wave 4 of 5 and wave 5 of 5 is pending upwards.For this scenario to hold watch support levels of 7862 and 7540.At no point should 7540 broken.

Scenario 2 : Wave 5 is complete.This looks unprobable and only sharp falls or failure to stay above 8181 in the next few days will confirm this count.This scenario leads to a very long correction.

Click on chart

Nifty Daily