Wet Day in September

With The Name of God, The Most Merciful. The Most Beneficient,
And The Excellent Helper, And The Excellent Protector




  1. Mildly Negative to Neutral Bias for the coming week
  2. Weekly High is likely to arrive first
  3. Expecting a 200 point range, two-third of which should be covered by midweek;
  4. The Resistances are placed around 8623 - 8647;
  5. The Supports are placed around 8323 - 8347;
  6. Institutions are still buying for the long term, even at these levels;
  7. Trade what you see, be careful

  • Going on a sabbatical, for at least three months or may be more;
  • Check the new advisory fees structure, before bothering to look for me;
  • I don't read e-mails anymore, try to locate me on Social Media, if you feel lucky;
  • If I restart blogging, the format would be very different, if I do elect to, that is;
  • Until then bye and take lots of care, and don't forget to keep the fire burning.
  • Ciao

NigHt oF PoWer

With The Name of God, The Most Merciful. The Most Beneficient,
And The Excellent Helper, And The Excellent Protector




  1. The Bias for current week is Negative
  2. Weekly high is likely to come first, likely to cosolidate
  3. The range for the week is likely to remain within 7782 and 8329
  4. The Resistances are 8329 and 8445
  5. The Supports are 7873 and 7782
  6. Institutional Investors are basically nervous, as they have little to cheer about
  7. Nifty is likely to whipsaw sharply, in both directions, when it'd be least expected

To Sir, with love

With The Name of God, The Most Merciful. The Most Beneficient,
And The Excellent Helper, And The Excellent Protector




  1. The Bias for the week is Negative turning to Neutral
  2. Possibility of the weekly low coming first
  3. Expecting a highly volatile week
  4. Resistances are placed at 8221 and 8329
  5. Supports are placed at 8008 and 7850
  6. Nifty saw some very long term buying interest this week
  7. Feeling like Nifty would bottom out and then bounce.

Geronimo's Cadillac

With The Name of God, The Most Merciful. The Most Beneficient,
And The Excellent Helper, And The Excellent Protector




  1. The Bias for the coming week is negative to neutral;
  2. Expecting at least two bounces this week, first on Monday afternoon or Tuesday and second on Friday
  3. The Weekly Range is likely to be somewhere between 8329 and 8112
  4. The Resistances are placed at 8265 and 8329
  5. The Supports are placed at 8123 and 8008
  6. Selling has continued, by the Financial Institutions holding a long term view
  7. "Any downswing is likely to be corrective in nature", in-spite of unstable market conditions

Live or Die

With The Name of God, The Most Merciful. The Most Beneficient,
And The Excellent Helper, And The Excellent Protector




  1. The Bias for the week is neutral to negative;
  2. The Weekly High is likely to come first, by Tuesday afternoon or Wednesday morn;
  3. The range for the week is likely to be larger than the previous week;
  4. The Resistances are placed at 8277 and 8340;
  5. The Supports are placed at 8033 and 8007;
  6. Financial Institutions with a 3 to 6 months view, are selling;
  7. Any downswing is likely to be corrective in nature;

Never Left At All




In Continuation of the previous post, click here to read

  1. The Bias for this week would be neutral;
  2. But still expecting a volatile week;
  3. Nifty is likely to test 7573 - 7647 zone;
  4. But may not sustain those levels for long;
  5. Below 7423 Nifty could test 7323 - 7273;
  6. From an Investing or Long Term point of view, Nifty is weak below 7723;
  7. Nifty Bank could test 15550 - 15775 on the up, and below 14950 it could test 14875 - 14575

Innocent Love




In Continuation of the previous post, click here to read

  1. The bounce occurred on the back of Short Covering and Buying by the Long Term Participants/Institutions;
  2. Nifty would be trading sideways between 7155 to 7605;
  3. Under the current conditions, Nifty is unlikely to move beyond 7723;
  4. The Bias for this Week is negative;
  5. The Short to Intermediate Term view of the Market is still negative;
  6. Long Term accumulation hasn't happened;
  7. Investors: don't hunt for a bottom above 7000