SRIMAD BHAGVAD GITA — LORD KRISHNA’S OWN WORDS

JNANA KARMA SANYASA YOGA

THE YOGA OF RENUNCIATION OF ACTION IN KNOWLEDGE

r325

CHAPTER 4-15

4-15

Having understood the secret of KarmaYoga, that one has to do his duty without seeking the fruits of action, the ancient seekers of truth reached their goal following the path of Karma Yoga.Man wants happiness which is the real nature of his soul.But he seeks happiness outside by trying to achieve objects outside by doing a specific work or karma.By doing so he gets entangled in the laws of karma and thus in cycle of births and deaths.

So a person who wants liberation and Moksha, should be free from “doership” of action and should not seek fruits of action outside but should offer “fruits of action” to God.Slowly his mind will become pure and thus he will be liberated.

SRIMAD BHAGVAD GITA — LORD KRISHNA’S OWN WORDS

JNANA KARMA SANYASA YOGA

THE YOGA OF RENUNCIATION OF ACTION IN KNOWLEDGE

r322

CHAPTER 4-14

4-14

When one says that ” I did it”, “I want this”, etc they are modifications of the mind and one gets attached to the fruits of the Karma good or bad.But Lord Krishna says that since he has no desire for the fruits of action, it’s fruits also do not taint him.When one can work for the sake of work and not for the fruits there of, one can become free from bondage this very moment.Imagine two students studying in a class of physics,One student studies his subject for the love of the subject and the other one instead of reading the text book prepares only for the exam by reading previous years question papers.The student studying with previous years question papers may get more marks but has not mastered his subject so may fail in his work at a later stage when he has to apply the laws of physics in his real time work,The one who has mastered the subject will definitely l get good marks and will also be able to apply the laws of physics when the time comes.

Another example can be that of a 3D movie.When you see the car rushing at you in the movie, your heartbeats rise.But if you close your eyes for a moment, you realise that you are not in the movie and your heartbeat regains normalcy.Same is the case in this world.When we attach to our body, mind etc, we get tainted by the suffering and happiness experienced through the body and mind.So if you realise that you are not the body and mind, then you can be free from fruits of actions.

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 took support at the said levels and recovered.It is forming an expanding diagonal triangle (pink) which is the preferred count.If so, expect market to pause/correct after zooming past or being bit short of 8181( shown in pink lines).

The second alternative count is very bullish if it happens which is given in yellow.Wait and watch 8181.

Strong support exists at 7422, even if correction occurs in case diagonal triangle is proved right.

Nifty

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

All through my previous posts I had been mentioning about Elliott wave “Guideline” at some places.A guideline is a highly probable event that may be happening.But at no point a Elliott Wave “Rule” should be broken.If broken, something else is happening than what the Analyst had been thinking.

In Nifty Daily, the 4 th wave has touched 7840, the top of wave 1, though not closed below it.But this is a rule which cannot be broken.If broken, one of the two things are happening :

1) A Diagonal triangle is forming,( see yellow and pink markings)

2) Or the 5 th wave has already completed and we are in correction ( see blue markings)

I believe a Diagonal triangle or 1st alternative is forming ( not shown with trendlines to avoid too many markings).After finishing 4 th wave of the diagonal triangle we may see wave 5 up as shown by yellow markings and pink trendlines on chart.If diagonal triangle is forming, a break below 7840 is permissible , but not violent breaks, and then trend should resume up.So watch 7840 -7800 area.

At no point should we break 7540, if this count is valid.

The Alternative scenario is marked in blue, where a truncated 5 th wave or 5 th wave failure has occured and we are in correction.This may lead to some long term corrections.

Nifty

Conclusion : Watch that we don’t stay too long and too much below 7840-7800 to be bullish.

WEEKLY NIFTY

Weekly Nifty if you look at, is forming a series of 1-2 , 1-2 .So longer term panics are not seen, since 3-4-5 has to be formed.But brace up for the correction, if it happens.

Nifty Weekly