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Nifty Analysis
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Author Nifty Analysis
saumya12
Brown Belt
Brown Belt


Joined: 21 Dec 2011
Posts: 1509

Post: #1726   PostPosted: Fri Dec 13, 2013 2:03 pm    Post subject: Reply with quote

shashangan wrote:
Cool Saumya,

I can understand a bit of Setswana (Botswana) & Tswana (South Africa). Also I have travelled to most places across India & understand little bit of almost all Indian languages, just cant speak. I am also trying to learn Sanskrit.

Thanks
Gautham Shashangan

Thats very nice.
Its seems that you have spent, your childhood in Botswana and South Africa.

I too have travelled a lot and covered most part of India.
Upto Srinagar in North, Kolkata and Darjeeling in East, Panaji in West, and Vijaywada in South. Hope to visit Chennai, B'lore, Thiru'puram, Andaman islands in next few years.
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shashangan
Green Belt
Green Belt


Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore

Post: #1727   PostPosted: Fri Dec 13, 2013 3:03 pm    Post subject: Reply with quote

2003-07 I lived I was with Kerford Investments which had the head office in Johannesburg & branches across South Africa & few other countries in Africa. I was heading the neighboring country Botswana.

I have travelled to all states, except J&K, Himachal, Jharkand, Nagaland, Arunachal, Mizoram, Tripura & Sikkim

Thanks
Gautham Shashangan
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udaysahai
White Belt
White Belt


Joined: 01 Feb 2011
Posts: 105

Post: #1728   PostPosted: Fri Dec 13, 2013 3:47 pm    Post subject: Reply with quote

Gautham Sir,
Elated to know that you are starting a new topic...Thanks in advance and I hope that we all will gain knowledge, and will have a chance to look into a skilled and experienced tutor's mind....
Best regards and all the very best.
Uday Sahai
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shashangan
Green Belt
Green Belt


Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore

Post: #1729   PostPosted: Fri Dec 13, 2013 5:10 pm    Post subject: Reply with quote

The mkt has not bottomed, but could be near. It has possibility to break today's low again & try min 6175 & below on Monday. Watch the behavior from 6158-53 region, if mkt is slow & no sharp sells, you can start with small scale Buying.

Many people will be confused with the mkt, if you see my view. I am again saying it's my gut feeling mkt will shoot up. You can still short if your analysis says sell, my only advice is play with stop & try not to carry or best dont trade if you dont want to blindly go long on my call. Dont curse me later for exiting your shorts or confusing you if my views dont work. I am just posting my view based on my own analysis & I am still overall bullish on mkt, till mkt breaks 6050 & 5980.

I dont know If I will be able to update on Monday, but if I get to see mkt I will try.

Good luck & Regards,
Gautham Shashangan

shashangan wrote:
Sorry was busy with a training. But anyway all going well as I expected. I had cautioned last week itself, there can be a sharp sell off from this Monday to confuse & trap the longs.

Though it extended little higher than I projected, it has been working perfectly. I had mentioned NF 6205 as possible target last week itself & possibility of this week closing in Red.

Immediately it still looks down at the moment. But I recommend, start going very thin on shorts. The mkt surely looks trying 6236-30, 6205.

From 6188-83 region is the key area to watch where longs can start looking for opportunities to re-build medium term longs. 6141-39 NF would be an excellent medium term buy if you get, not sure, shall confirm if I am able to tomorrow.

The next move could be explosive if it takes a turn & possibly a death trap for shorts. The next major pit stops upside can be around 6645, 6750-60 & 6825 region. So I am cautioning, just dont get trapped with shorts & dont play short below 6205 without stops or carry it for next day.

The worst low for NF may be around 6127(very small chance) if extended. The mkt may not go below 6115 (doubtful) according to me. Near term stops below 6105. Short term stops below 6050. Total Reversal stops below 5980.

Purely my view. Kindly also do your own analysis. It can be wrong. Trade wisely with a calculated risk. Play minimum.

Have a busy day tomorrow & a hectic travel weeks following, but shall try & update when ever I have time.

Good luck & Regards,
Gautham Shashangan
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vinay28
Black Belt
Black Belt


Joined: 24 Dec 2010
Posts: 11748

Post: #1730   PostPosted: Fri Dec 13, 2013 6:10 pm    Post subject: Reply with quote

you 2 should be on trip advisor! Laughing
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shashangan
Green Belt
Green Belt


Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore

Post: #1731   PostPosted: Mon Dec 16, 2013 11:48 pm    Post subject: Reply with quote

Well Vinay, I did try a travel & tourism business, catering to foreigners, Called Designer Holidays, but I made some losses & closed it.

Gautham Shashangan Smile
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shashangan
Green Belt
Green Belt


Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore

Post: #1732   PostPosted: Mon Dec 16, 2013 11:52 pm    Post subject: Reply with quote

Just got a little time & net to update.

The mkt looks like possibly near bottom. Try my levels mentioned earlier, could be tomorrow. I think from 6158-53 NF should be a good Long for medium term players. And as mentioned earlier 6141- 39 would be an excellent buy.

Bank Nifty SPOT - 11219 & Below Buy - Tight stop 11075.

I can go wrong. Play Minimum & with a calculated risk.

Thanks
Gautham Shashangan

shashangan wrote:
The mkt has not bottomed, but could be near. It has possibility to break today's low again & try min 6175 & below on Monday. Watch the behavior from 6158-53 region, if mkt is slow & no sharp sells, you can start with small scale Buying.

Many people will be confused with the mkt, if you see my view. I am again saying it's my gut feeling mkt will shoot up. You can still short if your analysis says sell, my only advice is play with stop & try not to carry or best dont trade if you dont want to blindly go long on my call. Dont curse me later for exiting your shorts or confusing you if my views dont work. I am just posting my view based on my own analysis & I am still overall bullish on mkt, till mkt breaks 6050 & 5980.

I dont know If I will be able to update on Monday, but if I get to see mkt I will try.

Good luck & Regards,
Gautham Shashangan

shashangan wrote:
Sorry was busy with a training. But anyway all going well as I expected. I had cautioned last week itself, there can be a sharp sell off from this Monday to confuse & trap the longs.

Though it extended little higher than I projected, it has been working perfectly. I had mentioned NF 6205 as possible target last week itself & possibility of this week closing in Red.

Immediately it still looks down at the moment. But I recommend, start going very thin on shorts. The mkt surely looks trying 6236-30, 6205.

From 6188-83 region is the key area to watch where longs can start looking for opportunities to re-build medium term longs. 6141-39 NF would be an excellent medium term buy if you get, not sure, shall confirm if I am able to tomorrow.

The next move could be explosive if it takes a turn & possibly a death trap for shorts. The next major pit stops upside can be around 6645, 6750-60 & 6825 region. So I am cautioning, just dont get trapped with shorts & dont play short below 6205 without stops or carry it for next day.

The worst low for NF may be around 6127(very small chance) if extended. The mkt may not go below 6115 (doubtful) according to me. Near term stops below 6105. Short term stops below 6050. Total Reversal stops below 5980.

Purely my view. Kindly also do your own analysis. It can be wrong. Trade wisely with a calculated risk. Play minimum.

Have a busy day tomorrow & a hectic travel weeks following, but shall try & update when ever I have time.

Good luck & Regards,
Gautham Shashangan
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shashangan
Green Belt
Green Belt


Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore

Post: #1733   PostPosted: Wed Dec 18, 2013 9:29 am    Post subject: Reply with quote

For intraday players around 6225 NF can be the target, there could be, may be one more low just below the 6153 low made. Anywhere from 6148 below can be bought if you get.

regards,
Gautham Shashangan
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musicaldelhi
White Belt
White Belt


Joined: 17 Nov 2011
Posts: 186

Post: #1734   PostPosted: Wed Dec 18, 2013 9:34 am    Post subject: Reply with quote

thank you so much sir...for your updating and guidence..

jai sai ram
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shashangan
Green Belt
Green Belt


Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore

Post: #1735   PostPosted: Thu Dec 19, 2013 9:48 am    Post subject: Reply with quote

There can be a temporary intra day correction from here around 6170-68. But looks like it will break the low later & close in red.

I suggest again Buy Below 6148. Around 6141-38 should be a great buy. I am hoping this should be the end of the down correction which can follow a massive bull next week.

Good luck
Gautham Shashangan
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pkholla
Black Belt
Black Belt


Joined: 04 Nov 2010
Posts: 2890

Post: #1736   PostPosted: Thu Dec 19, 2013 9:51 am    Post subject: Reply with quote

shashangan wrote:
I am hoping this should be the end of the down correction which can follow a massive bull next week.
Good luck Gautham Shashangan

Gautam: You mean which can result in a massive bull ...?
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shashangan
Green Belt
Green Belt


Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore

Post: #1737   PostPosted: Thu Dec 19, 2013 10:00 am    Post subject: Reply with quote

Hello Prakash

According to me, it's possibly going to bottom just around the levels mentioned. There can be extensions but from next week through to Jan, Nifty is just around the launch pad of a new supersonic 7000 Km Agni missile.

Thanks
Gautham Shashangan

shashangan wrote:
Sorry was busy with a training. But anyway all going well as I expected. I had cautioned last week itself, there can be a sharp sell off from this Monday to confuse & trap the longs.

Though it extended little higher than I projected, it has been working perfectly. I had mentioned NF 6205 as possible target last week itself & possibility of this week closing in Red.

Immediately it still looks down at the moment. But I recommend, start going very thin on shorts. The mkt surely looks trying 6236-30, 6205.

From 6188-83 region is the key area to watch where longs can start looking for opportunities to re-build medium term longs. 6141-39 NF would be an excellent medium term buy if you get, not sure, shall confirm if I am able to tomorrow.

The next move could be explosive if it takes a turn & possibly a death trap for shorts. The next major pit stops upside can be around 6645, 6750-60 & 6825 region. So I am cautioning, just dont get trapped with shorts & dont play short below 6205 without stops or carry it for next day.

The worst low for NF may be around 6127(very small chance) if extended. The mkt may not go below 6115 (doubtful) according to me. Near term stops below 6105. Short term stops below 6050. Total Reversal stops below 5980.

Purely my view. Kindly also do your own analysis. It can be wrong. Trade wisely with a calculated risk. Play minimum.

Have a busy day tomorrow & a hectic travel weeks following, but shall try & update when ever I have time.

Good luck & Regards,
Gautham Shashangan
[/quote][/quote]
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shashangan
Green Belt
Green Belt


Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore

Post: #1738   PostPosted: Fri Dec 20, 2013 2:57 pm    Post subject: Reply with quote

NF Longs can partially book profits @ 6273-77 & replace it lower.

It's still buy on dips. I am hoping this follows on Monday too. Hope the 7000 plus Agni Nifty missile is already taken off successfully.

Mkt is overall bullish. Stay Long. I can picturise the burial ground filled with bodies of all shorts scattered all around in the coming weeks.

I can be wrong.

Regards,
Gautham Shashangan
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shashangan
Green Belt
Green Belt


Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore

Post: #1739   PostPosted: Fri Dec 20, 2013 3:41 pm    Post subject: Reply with quote

My pleasure.

Had a busy week. Just saw your msg.

Good luck
Gautham Shashangan

musicaldelhi wrote:
thank you so much sir...for your updating and guidence..

jai sai ram
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shashangan
Green Belt
Green Belt


Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore

Post: #1740   PostPosted: Mon Dec 23, 2013 10:11 am    Post subject: Reply with quote

A guess

6322 --> & down to 6290-85 --> & up 6335+ could be the moves for NF till Noon.

Regards,
Gautham Shashangan
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