SRIMAD BHAGVAD GITA — LORD KRISHNA’S OWN WORDS

JNANA KARMA SANYASA YOGA

THE YOGA OF RENUNCIATION OF ACTION IN KNOWLEDGE

r309

CHAPTER 4-8

4-8

 

 

 

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SRIMAD BHAGVAD GITA — LORD KRISHNA’S OWN WORDS

JNANA KARMA SANYASA YOGA

THE YOGA OF RENUNCIATION OF ACTION IN KNOWLEDGE

r306

CHAPTER 4-6

4-6

Here Lord Krishna says that he is the Ishwara i.e the creator of this cosmic Universe.I manifest as an Avatara ( coming down) by my illusory power called maya.The Jeevas are born inorder to exhaust their Karmas good or bad.e.g on a personal level the cells or the organs of the body have their own independent functions but they in totality they work for my body.Same is the case with your body or all bodies in the Universe.An ocean has many waves, some may be big or small, forceful or mild, but they are all parts of the Ocean.The common element that binds them is water.All waves are made up of water and Ocean is also made up of water.

Similarly all jeevas are independent within a limit but the conscience that runs through them is the Cosmic intelligence.The countless jeevas rise , exist and merge in the cosmic body or Ishwara.We are not independent of Ishwara , we are in it.We may feel we are independent entities.Yes to some extent but we work for our family, our family for our society, society for the nation and nation for the Universe and Universe for Cosmos.Unknowingly we all follow the law of nature as we do not know how and why a particular organ functions in a particular way, yet it works perfectly.

So we jeevas have samskaras or past impressions because of which we are born to exhaust it, yet Ishwara does not have any past Karmas and is not bound by the law of nature.But when he assumes an Avatara he behaves exactly like us and follows the law of nature but shows instances when he is beyond the law of nature.

In Mahabharata, Lord Krishna never goes beyond the law of nature except when Ashwatthama uses BrahmAstra.The story goes like this, after the defeat of the Kauravas, AshwatthAma to avenge the defeat, challenges Arjuna to a duel.AshwatthAma despite his promise to his fatherand Guru Dronacharya not to use the BrahmAstra uses it.So Arjuna had to use his BrahmAstra to counter it.At this time to stop the entire destruction of the Universe, Vyasa Maharishi appears and tells both of them to withdraw the BrahmAstra.Arjuna does as asked but AshwatthAma could not do so as he did not know how to do it.So Lord Krishna asks him to direct it to an uninhabited place.At this Ashwatthama to avenge his defeat directs it to Uttara’s womb who was bearing Abhimanyu’s son ( Abhimanyu was Arjuna’s son).He did so as to finish of the Pandava clan.The fetus is killed, but Lord Krishna intervenes and tells Ashwatthama that he (Lord Krishna) is not not bound by the law of the nature and will go beyond it to give life to the fetus.Thus was born Parikshit.

NIFTY AND BANK NIFTY FUTURES

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.

NEXT VIEW AFTER  FED MEETING

NIFTY FUTURES (5880.50) + 50.95  5931.45

Though I would not like to take a stand today before the FED meeting, I am writing this blog to show that a trader can master a handful of low risk setups and trade them.Yesterday I had shown a NR7 day and stop was near.The Nifty moved up by 56 points from breakout level.

NIFCUM

BANKNIFTY FUTURES (10331.95) + 167.65  10499.60

NBNCUM

NIFTY AND BANK NIFTY FUTURES

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.

NIFTY FUTURES (5458.05 )  +149.1  5607.15

Nifty futures as I had mentioned is forming an Inverted Shoulder Head Shoulder pattern.Today it broke out of the Channel and Inverted SHS with a gap.Only lacuna is that there is no volume on the breakout.Also as I have shown on the chart , that volumes are decreasing during upmoves.So if markets pick up volumes on up days in the next 2-3 days, then it is good for the bulls, otherwise there may be a threat to the Uptrend.

But since the stoploss is very near i.e 5475 and target at 5950 +, barring resistance at 5759 going long is a low risk venture.

NIFCUM

 

BANK NIFTY FUTURES(8899.15 ) + 821.25      9720.40

Bank Nifty Futures broke out of the downward channel as well as an Inverted Shoulder Head Shoulder Pattern.The target is 10500 approx and stoploss is 8968 on a closing basis.Since risk reward is 1 : 1 or less it can be bought on corrections.Here the volumes have increased on a breakout.

NBNCUM

 

NIFTY AND BANK FUTURES

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.

NIFTY FUTURES (5344.55)  -210.05  5554.6

NIfty futures as I mentioned yesterday, fell after being resisted by the upper channel.Even on Monday, I had mentioned that I am not very bullish.More or less today was an Engulfing Black Candle. Nifty Futures may make an inverted shoulder head shoulder pattern.But wait for the full pattern to evolve.Also see the big ” emotional” WRB Black candles forming at the same area.

NIFCUM

BANK NIFTY FUTURES  ( 9189) – 499.6  8689.4

Bank Nifty futures came off from the Upper resistance of the Channel.I had been very bearish on this Index and it happened so.

NBNCUM