MARKETS FOR 1ST AUGUST

 NIFTY CONTINUED TO MAINTAIN THE BULLISH MOMENTUM INSPITE OF RBI GOVERNOR DRAWING BLANK AND OLD FINANCIAL CHANNELS SPEAKINGALL NEGATIVE THINGS ABOUT THE MARKETS THROUGHOUT THE DAY.  NIFTY AFTER THE RBI ANNOUNCEMENT OF STATUS QUO & NO CHANGE IN RATES SLIPPED TO AS LOW AS  5154 SPOT AND SHOWED A REMARKABLE BOUNCE FROM THE 89 DAY EMA THERE TO CLOSE IN THE FORM OF A BULLISH HAMMER TO CLOSE 29 POINTS UP AT 5229 ABOVE

MARKETS FOR 31 JULY

OUT OF 20 TRADING DAYS IN THE MONTH OF JULY STARTING FROM THE 2ND JULY TILL EXPIRY DAY OF 27TH JULY SPOT NIFTY HAD MADE 17 BEARISH RED CANDLES & ONLY 3 BULLISH GREEN CANDLES AS CAN BE SEEN IN THE DAILY CHART ABOVE. SO, A SOLID GREEN CANDLE ON MONDAY SETS THE BULLISH PACE FOR THIS WEEK WITH MAJOR EVENTS LIKE RBI GOVERNOR’S LIKELY RATE CUT AND FED MEETING IN U.S. BOTH SCHEDULED FOR TUESDAY, THE END OF THE MONTH. MOST LIKELY THE MARKETS

Trader vs. Analyst

There is a huge difference between being a trader and being a market analyst.

Analysts are paid by being right. On this basis alone I am not smart enough to be an analyst. Traders are paid by managing risk. These two skill sets are a world apart. In my experience, people who try to be traders by being analysts usually lose their grip at both ends of the rope.

Identifying Contraction

There are no set rules for identifying contraction but some properties are available, that indicates or suggests that the contraction may start;

When prices are far away from MA
Suppose a stock have in a strong uptrend in EOD Chart. In 60 min chart, if the 20 period

MARKETS FOR 26TH JULY

BEING EXPIRY DAY, NOTHING WILL WORK FOR NIFTY OTHER THAN THE OPERATORS ACTION TO ENSURE THAT NIFTY CLOSES AT THE PRE DETERMINED LEVEL WHICH AS PER THE OPERATORS PLOT LOOKS LIKE 5100 OR BELOW. EVEN IF  DOW IS MANIPULATED TO RISE BY EVEN 200 POINTS (ALTHOUGH IT WILL FALL AFTER CLOSURE OF EUROPEAN MARKETS ON WEDNESDAY), NIFTY WILL NOT MOVE AN INCH UP OR DOWN FROM THE OPERATORS PRE DETERMINED LEVEL OF EXPIRY CLOSING. IN CASE NIFTY IS TAKEN UP TO HAVE A HIGHER CLOSING THEN BULLS MUST BE

MARKETS FOR 25TH JULY

THERE IS NO CHANGE TO OUR VIEW EXPRESSED ON THE MARKETS THAT WAS GIVEN  FOR  24TH JULY BELOW.  AS LONG AS SPOT NIFTY CONTINUES TO STAY BELOW THE MONDAYS OPENING GAP HIGH OF 5164, EVERY APPROACH OF SPOT NIFTY TOWARDS THIS GAP HIGH OR EVEN TOWARDS TUESDAYS HIGH OF 5145 TO 5150 SPOT NIFTY LEVELS  MAY BE RUTHLESSLY SHORTED

MARKETS FOR 24TH JULY

ACTUALLY, NO CHANGE HAS OCCURRED IN EUROPE THAT IS DIFFERENT FROM WHAT WAS EXISTING EARLIER. THIS PLANTED NEWS ON EUROPE OR SPAIN IS A WELL COORDINATED PLAN BY THE MONSTER OPERATORS TO BRING DOWN DOW FOR 3 TO 4 DAYS TILL WEDNESDAY OR THURSDAY WITH JUST 1 DAY OF PAUSE IN BETWEEN  TO PULL DOWN REST OF THE WORLD MARKETS DURING THIS WEEK. AFTER