Wednesday, December 28, 2016

Heart of Glass

With The Name of God, The Most Merciful. The Most Beneficent,
And The Excellent Helper, And The Excellent Protector
  1. Bias is negative below 8137. If goes above 8137, then might try 8237.
  2. Nifty is Rangebound between 8100 to 7947.
  3. Nifty is sell on bounces below 8100 for a target of 7885 .
Please read the sidebar carefully. Thank You for your visit

Sunday, December 25, 2016

Hermes Calling

With The Name of God, The Most Merciful. The Most Beneficent,
And The Excellent Helper, And The Excellent Protector
  1. Bias is negative below 8130.
  2. Nifty is Rangebound between 8100 to 7947.
  3. Nifty is sell on bounces below 8100 for a target of 7885 .
Please read the sidebar carefully. Thank You for your visit

Wednesday, December 21, 2016

Tide is high

With The Name of God, The Most Merciful. The Most Beneficent,
And The Excellent Helper, And The Excellent Protector
  1. Bias is negative below 8177.
  2. Nifty is Rangebound between 8043 to 8297.
  3. Nifty would remain under selling pressure below 8112.

Please read the sidebar carefully. Thank You for your visit

Saturday, December 17, 2016

Noah (A.S)

With The Name of God, The Most Merciful. The Most Beneficent,
And The Excellent Helper, And The Excellent Protector
  1. Bias is negative below 8337.
  2. Nifty is Rangebound between 8337 to 8057.
  3. If Nifty continues to sustain above 8097, it might stage a corrective bounce towards 8237, 8337 - traversing the range.

Please read the sidebar carefully. Thank You for your visit

Wednesday, December 14, 2016

The Familiar of Time And Allies

With The Name of God, The Most Merciful. The Most Beneficent,
And The Excellent Helper, And The Excellent Protector
  1. Bias: Mildly Negative below 8337
  2. Rangebound: 8337 - 8056;
  3. 7916 is a local bottom, sell on rise setup till below 8337;

Please read the sidebar carefully

Monday, December 12, 2016

Transition

With The Name of God, The Most Merciful. The Most Beneficent,
And The Excellent Helper, And The Excellent Protector
  1. The Bias is mildly negative to neutral below 8329;
  2. Resistances are 8294, 8329 and supports are 8197, 8147;
  3. Between 8329 and 8057, consider Nifty to be range-bound;

Please read the sidebar carefully

Wednesday, December 7, 2016

AbraCADabrA

With The Name of God, The Most Merciful. The Most Beneficent,
And The Excellent Helper, And The Excellent Protector
  1. The Bias is positive above 8031.
  2. Bouncing back Nifty would kiss 8123 - 8167 - 8219
  3. In case Nifty slips below 8031, it could test 8009 - 7963 - 7883

Please read the sidebar carefully

Sunday, December 4, 2016

1986

With The Name of God, The Most Merciful. The Most Beneficent,
And The Excellent Helper, And The Excellent Protector
  1. Bias is positive above 8057;
  2. Trading above 8057, Nifty could achieve 8197, 8273, 8337
  3. In case it moves below 8057, then Nifty could test 7990 and 7955

Updates on Tue, Thu and Sun. For clarity in context, please refer to previous posts. Thanks.

Thursday, December 1, 2016

Call of the Wild

With The Name of God, The Most Merciful. The Most Beneficent,
And The Excellent Helper, And The Excellent Protector
  1. The Bias is positive - corrections notwithstanding;
  2. Above 8237 Nifty could target 8273 - 8337;
  3. For continuation of uptrend, 8147 is the key support, above it bullish, below it bearish;

Updates on Wed and Sun. For clarity in context, please refer to previous posts. Thanks.

Sunday, November 27, 2016

Smoke on the Water

With The Name of God, The Most Merciful. The Most Beneficent,
And The Excellent Helper, And The Excellent Protector
  1. The bias is neutral to positive
  2. Nifty would be rangebound below 8137,(between 7916 - 8137);
  3. Above 8137 Nifty could test 8237 - 8323

Biweekly updates on every Wednesday and Sunday, For clarity in context, kindly refer to previous posts.

Saturday, November 26, 2016

Physics of Wall Street: A Brief History of Predicting the Unpredictable

With The Name of God, The Most Merciful. The Most Beneficent,
And The Excellent Helper, And The Excellent Protector
(As per my own research crashes could be predicted 6 to 12 months in advance. Holds true for all the crashes in Indian Equity Markets. I have recorded the same phenomenon in Gold.)

Following is review of the book by a certified Vine Amazon Customer:

It is not easy to come up with star ratings for this book. I will split the difference between two and four stars. Here is why...

On one hand, I consider it to be a chronology of scientific efforts to predict markets beginning as early as the 18th Century, all the way up to 2012. As such, it is very interesting in terms of some the best known historical names dabbling in it. The storytelling in the book is not very good, but despite that it kept my interest through many chapters.

On the other hand, I consider this book to be an attempt to explain (to the layman) how science can be used to predict markets. To that end, the examples of Simons and Sornette (and their spectacular success on Wall Street) are presented without going into details. One cannot justify everything by the brilliance of these men alone. If they indeed were successful based on their knowledge of physics, how they managed to do that should have been analyzed in the book. Instead, the author takes a very long-winded tour of random statistical distributions starting with Gaussians, then he moves on to Cauchy distributions and other fat-tailed distributions, and how they may be relevant to markets. If that was all there is for the scientific methodology of market prediction, you would not need physicists like Simons and Sornette. Anybody with some basic math and statistics will do fine. The physicists do far more than that, and none of that was discussed in the book. They come up with models of dynamic market balance, they convert these models to differential equations to be solved, and they (approximately) solve them (on fast super-computers.) It would have been fascinating if the author had any details available on that subject.

On the other hand, this book discusses a fascinating question on and off many times: can markets really be predicted? All indications are that markets can be predicted by sophisticated mathematical models (done by physicists) most of the time (when markets behave normally.) But there are times when markets do something really wild. The market crashes of 1929, 1989, 1997, and 2007 are examples. The real question is this: can a market crash be predicted a year in advance? The author discusses this topic too and tries to explain it as reaching the critical point when some rapid and discontinuous change takes place. The physics is very rich in well understood critical phenomena, many of which can be applied to markets. That's where the non-linear dynamics comes in. I believe (I don't know this for a fact) that some of the physicists on Wall Street can predict a major market crash several days (or even possibly weeks) ahead. But they can't do that a year in advance. The non-linear dynamics is notoriously sensitive to initial conditions, and the quality of the prediction deteriorates as we project farther and farther out into the future.

On the other hand, this book never discusses in detail one of the major dilemmas of market prediction. We (physicists) take great delight in discovering the laws of nature so that we can predict how it behaves. In this endeavor, we tacitly assume that nature continues to behave in the same manner before and after our discovery. The fact that we suddenly know how it behaves does not change nature's behavior. This tacit assumption almost certainly fails with markets if the discovery is made public. There are a hoard of economists out there who would trample on each other for a better predictive model of markets, which may earn them the Nobel Prize. If indeed such a model is ever developed that can predict the markets well (not only in normal times but also shortly before market crashes) it will spell its own doom. In response to this new model, the behavior of the markets will change sufficiently to counter the prediction and render it useless. The only way such a model remains successful is by not making it public, and guarding it as a trade secret. That's how the likes of Simons and Sornette succeed, while most others eventually fail. Simons and Sornette never reveal how exactly they predict markets using physics. The author could have written a chapter (or several chapters) about this, but he did not.

Finally, the worst part of this book is about the inaccuracies it contains about who did what. Most of these are physics related (quite strangely since the author is supposed to know that), and not about the main topic of the book. For that reason, maybe they are forgivable. For example, the author implies that the gauge theory provides us a way of translating vectors from one point of curved space-time to another. While we physicists know how that should be done, translating points in curved space-time has very little to do with gauge theories. The author later corrects himself by acknowledging that the gauge theories were something else altogether and correctly credits Yang and Mills for discovering them in 1953. Never mentioned in the book is the fact that the first gauge theory even predates Yang and Mills, all the way back to 1879. It is none other than Maxwell's classical electrodynamics, even though Maxwell himself never used that term.

So in summary, if you know very little about quantitative market prediction, I highly recommend the book, you will learn things from this book: four stars. If you have some knowledge about it, then you will not get much out of the book except a few names and places in history, not all of which are correct: two stars. I will average the two ratings.

Wednesday, November 23, 2016

Gangsta's Paradise

With The Name of God, The Most Merciful. The Most Beneficent,
And The Excellent Helper, And The Excellent Protector
  1. The Bias is neutral to negative
  2. Below 8137, Nifty would be rangebound (between 7916 - 8137);
  3. Nifty could form a local bottom around 7850 and stage a bounce towards 8237

Biweekly updates on every Wednesday and Sunday, For clarity in context, kindly refer to previous posts. Praying for your success.

Sunday, November 20, 2016

Heaven will know

With The Name of God, The Most Merciful. The Most Beneficent,
And The Excellent Helper, And The Excellent Protector
  1. The Bias is negative;
  2. Nifty is likely to get support around 8023 - 7990;
  3. If Nifty doesn't breach 7980, it's likely to test 8137 - 8237;
Biweekly updates on every Wednesday and Sunday, For clarity in context, kindly refer to previous posts.

Wednesday, November 16, 2016

On a clear day, you can see forever

With The Name of God, The Most Merciful. The Most Beneficent,
And The Excellent Helper, And The Excellent Protector
  1. The Bias is Neutral
  2. Nifty likely to trade approximately between 7990 to 8237 range
  3. If Nifty trades below 8057 first, then a sharp bounce is likely to take it to upper range around 8237;
Biweekly updates on every Wednesday and Sunday. For clarity in context, kindly refer to previous posts. Prayers and Best Wishes.

Monday, November 14, 2016

Heat of the moment

With The Name of God, The Most Merciful. The Most Beneficent,
And The Excellent Helper, And The Excellent Protector
  1. The Bias is neutral to negative;
  2. Support zone is 8262 - 8237. A breach of 8237, would make Nifty test 8144 - 8000;
  3. As long as 8237 is protected, a bounce is likely to take Nifty towards 8407 - 8445;

Biweekly updates on every Wednesday and Sunday, For clarity in context, kindly refer to previous posts.

If you are a potential Delphinus Trading Program Subscriber, you can now pay in old currency until Dec 20, 2016. Call 0-9760 89 44 23.

Wednesday, November 9, 2016

Electric Avenue

With The Name of God, The Most Merciful. The Most Beneficent,
And The Excellent Helper, And The Excellent Protector
  1. The established Bias is positive;
  2. Nifty defined a trading range between 8573 - 8287;
  3. Todays' price action indicates that as long as Nifty cash is below 8573, it will continue testing even lower levels;

Next update on: Sunday 11/13/2016, evening. For clarity of context, please refer to previous posts. Thank You.

Sunday, November 6, 2016

Nifty Target 28000 by 2029, God Willing

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

    Long Term Outlook

  1. A 17000 points rally is due in Nifty50 index;
  2. It's likely to achieve 23000 by 2024;
  3. The Indian Economy is likely to achieve a GDP growth rate in double digits in the 2020s

    Medium Term Outlook

  1. A deep correction is due in Nifty50 index, much below 7857;
  2. It's likely to bottom out by Dec 2017, or before;
  3. The issues in World Economy, are likely to eclipse Indian Economy, in the short run

    Short Term Outlook, valid till Wed, 11/09/2016 EOD

  1. As long as Nifty is below 8557, it's in a tailspin and might target 8273 - 8247 range;
  2. But as long as 8373 is safe it could stage a corrective bounce towards 8497 - 8523 range and above - intraday;
  3. The very short term bias, strangely enough, is positive!

Next update on: Wednesday 11/09/2016 evening. For clarity of context, please read previous posts. Thank You.

Wednesday, November 2, 2016

Light My Fire

With The Name of God, The Most Merciful. The Most Beneficent,
And The Excellent Helper, And The Excellent Protector
  1. We could look for bottom around 8473 or 8423
  2. A bounce will follow towards 8557 at least.
  3. Nifty needs to close above 8557 on Friday to confirm a major bounce ahead.

Next update on: Sunday Nov/06/2016 evening, God Willing, Thank You.

Sunday, October 30, 2016

Muhurat Trading for Diwali 2016 Samvat 2073

With The Name of God, The Most Merciful. The Most Beneficent,
And The Excellent Helper, And The Excellent Protector
  1. Nifty is likely to trade between 8664 - 8623;
  2. The bias is neutral to negative;
  3. Likely to forma Doji, please read comments for real time commentary

Next update on: Wednesday evening Nov/02/2016, Thank You.

Thursday, October 27, 2016

Happy Diwali

With The Name of God, The Most Merciful. The Most Beneficent,
And The Excellent Helper, And The Excellent Protector
  1. Nifty is consistently getting support below 8573, so far;
  2. But one last down-thrust remains before New Year Rally begins;
  3. The Long and Medium Term Bias is clear positive above 8480, short term is negative below 8737;
  4. The difficulty level of Nifty/Bank Nifty trading is highest at this stage, so look before you leap;
Next update on: Wednesday, Nov 2, evening. Please refer to previous posts for further clarity in context. Thank You.

Tuesday, October 25, 2016

Happy Ever After

With The Name of God, The Most Merciful. The Most Beneficent,
And The Excellent Helper, And The Excellent Protector
  1. Nifty is stuck in the 8617 - 8777 range;
  2. It is trading flat, across the timeframes;
  3. Move from 8737 looks corrective;

Next update on:Thursday evening, Thank You.

Sunday, October 23, 2016

The Judgement Day

With The Name of God, The Most Merciful. The Most Beneficent,
And The Excellent Helper, And The Excellent Protector
  1. The expected range for next two days is 8773 to 8617;
  2. A close above 8737 might indicate breakout from the probable Flag pattern in price bars;
  3. Relying on the range only (since medium term bias is positive while short term bias is negative)
  4. Next Update on: TUESDAY

Thursday, October 20, 2016

Samurai from the East

With The Name of God, The Most Merciful. The Most Beneficent,
And The Excellent Helper, And The Excellent Protector
  1. Nifty is likely to trade between 8737 to 8647 level on Friday.
  2. Close above 8710 would indicate strength
  3. Next Update on: Sunday

Tuesday, October 18, 2016

Deus, gratias ago tibi

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

  1. If Nifty consolidates above 8710, then it could go upto 8773, else it would meet resistance at 8747.
  2. Otherwise it will test support at 8653, first.
  3. Next Update: Thursday EOD

Friday, October 14, 2016

The Seventh Stranger

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

  1. Nifty is likely to form a local bottom between 8505 and 8550.
  2. Then it is likely to bounce towards 8688.
  3. Next update on Tuesday EOD

Sunday, July 17, 2016

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

Sunday, June 26, 2016

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

Sunday, June 19, 2016

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.

Sunday, June 12, 2016

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

Sunday, June 5, 2016

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;

Sunday, March 13, 2016

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

Monday, March 7, 2016

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

Sunday, February 28, 2016

Say You, Say Me

In Continuation of the previous post, click here to read



  1. Most market makers are simply jobbing;
  2. Nifty continues to be weak below 7323; and
  3. Any good bounce could carry till 7429 but 7223 is a strong resistance;
  4. Nifty could peak out around mid week;
  5. Volatility might rise phenomenally in March 2016, followed by another downthurst;
  6. Can buy if Nifty slips below 6900 for doubling your account;
  7. Don Trumpet's ascension would be positive for India - for we have one of his newest apprentice at the helm here;

Tuesday, February 23, 2016

Subscriptions

  1. Before forwarding a request for any subscriptions, please check the revised rates;
  2. Rates would be further revised around July 2016;
  3. Discounts are available for groups, corporate clients and Governments;
  4. All coaching programs are held on one to one basis;
  5. There is no fixed time period for learning any topic/study
  6. You could learn at your own pace
  7. DM me on Twitter for any further queries

Thanks for your kind interest

Sunday, February 21, 2016

Brotherhood of Man



In Continuation of the previous post, click here to read

  1. There is no fundamental shift in the Economic Environment in last few weeks
  2. There's no perceptible shift in Market Sentiment
  3. Therefore, Nifty's fate hangs in balance;
  4. Above 7347, Nifty could test 7423, 7597, 7647, 7825;
  5. Below 7323 it is very weak; and
  6. Could go in a tail spin towards 6679, 6379, and beyond;
  7. Some Long Term/Institutional Participants have started booking their shorts;

Sunday, February 14, 2016

The Smoking Mirror

Please refer to the previous Weekly Post



  1. Markets look to The Union Budget 2016-17 for pacification;
  2. There is no sign of a reversal yet; and there's no trace of Institutional Support;
  3. Bias would be negative below 7323;
  4. 6773 followed by 6673 are strong supports;
  5. Sharp bounces could occur targeting 7123 and 7323;
  6. Possibility of a minor panic around midweek ;
  7. Investors are advised not to fish for a bottom;

Sunday, February 7, 2016

The Tonal of Nagual



To be read in conjunction with the previous post

  1. Nifty has a poor low at 7241;
  2. There is no sign of a reversal yet; Nifty is just trying to stay off the Oversold Zone
  3. Long Term/Institutional Participants are still Short;
  4. Apparently, Nifty is awaiting some kind of panic to bottom out;
  5. From this week till 1st Week of March 2016, Nifty may remain highly volatile and nervous;
  6. Between 7647 and 7347, Nifty has no bias;
  7. As long as it is between 7647 & 7347, better to day trade or avoid trading in Nifty altogether;

Sunday, January 31, 2016

Gypsy Witch



  1. In the month of Feb 2016, consider Nifty as range-bound between 7123 and 7873;
  2. If Nifty remains above 7409 Cash level it can test the higher pivots of 7123 to 7873 range;
  3. Otherwise it would test the lower pivots of 7123 to 7873 range;
  4. The week could see a short squeeze in-spite of the negative bias;
  5. A weekly closing below 7323 looks improbable at this stage;
  6. A weekly closing above 7800 would confirm a reversal;
  7. Trade long above 7673 and short below 7447

Sunday, January 24, 2016

Ruins Of Athens



  1. This is a short week, Tuesday being a Holiday;
  2. The Bias for the week is likely to remain Negative;
  3. One could keep trading for 75 - 150 points;
  4. This week one could buy below 7247 Nifty Cash Level;
  5. The Institutions are not entertaining any long term bets at this point;
  6. Any bounce could easily carry till 7605 - 7930;
  7. I publish the World's Best Trading Newsletter too, called Saturnus;

Sunday, January 17, 2016

Atlantis is Calling

  1. Be Fearful When Others Are Greedy and Greedy When Others Are Fearful
  2. If you aren't long already - seek fresh stuff below 7323
  3. There is insufficient panic as of now, but make good use if it happens ;)
  4. Use March 2016 Options
  5. Not expecting reversal until next week

Sunday, January 10, 2016

Sunday, January 3, 2016

The Weekly Outlook

  1. Nifty has reached a critical point in the present bounce from 7552;
  2. A close above 7997, would probably clear the way for 8100;
  3. A close above 8073, would probably clear the way for 8223;
  4. Any weakness would have Nifty slipping below 7900;
  5. The period between Jan 7th till Jan 14th could bring instability/wild swings
  6. Confidently Short above 8073 with SL at 8147;
  7. Short Term Investors could unload all their holdings latest by Feb 5th, 2016;