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Nifty making  Bearish Head and Shoulder pattern Today brks below 6070 now to see if sustain below 6070 next target can be 5770 to confirm H&S pattern Gold future making Bullish head and shoulder If crosses above 30753 can test 32100 33200 levels  market is subject to risk Only time will tell

YesBank  Looking Voluminous trades in this script in Nse. Yes Bank support now at 273 265 254 range.  Target can be 395 403 422 range if only breaks above 315 price range to confirm Head N Shoulder pattern. Market is subject to risk and sentiments Time will tell

nifty Nifty had made low at 5118 and created a picture perfect head and shoulder denoted by SHS in black. However there is another bigger Head and Shoulder highlighted by red line is in the offing. The next support for this HS pattern is 5490 as per fibbonaci 61.8  range of the total 975 points sell off from 6093 till 5118. If market corrects down to 5490 and take anchor there, we can see the HS to form. Target can be around 5900 - 6000 range. However market is not so picture perfect and full of surprises.  This is a technical hunch . Market is subject to risk and sentiments. Only time will tell.

On May 11 2013 prediction made for SBI to touch 1661 Today on 1st Aug 2013 it made a low of 1665 Thanking you   note market is subject to risk and sentiments

Nifty daily Chart till today ICICI Bank daily chart till today

On may 14th , I blogged on DowJones  daily chart Bias was of downside Look at today's chart dated  25 June 2013 DJIA aka US30 Dow Jones plunged almost 900pts from 15500 to 14600. Longer timespan chart shows more awry pictures But for that we have to be have patience ! Only Time will tell note: Market is subject to risk and sentiments

On 17th may nifty made low of 5935 As predicted it was always a sell on rise look at the chart now nifty closed at 5788 Now if nifty anchors around 5700-5750 range then we can see another move towards 6000 else more downside cannot be ruled out . lets see only time will tell note : market is subject to risk and sentiments

Good news for novice traders who doesn't like to burn there hands in real market . Nse has introduced virtual trading platform. You can find many virtual trading simulater on web but paathshaala is the first to introduce Future Deriavative and options and currency. Its real time price feeds are really good. Hats off to NSE Great platform to judge your credibility in Stock market  go to:   http://www.nseindia.com/NP/nse_paathshaala.htm   and be an intelligent trader

On May 17th mrkt was at 6187 . nifty made low at 5935 today 24th may 2013 Now another news Chidambaram says will introduce direct tax code in monsoon session http://in.reuters.com/article/2013/05/24/india-finmin-tax-code-idINDEE94N09L20130524 now what is on card in next month. You ask.

Reliance Communication  follow up As Followed from 9th and 13th may on Rcom trading in NSE As predicted the RBOMB blasted today made low of 100.50 However Rcom closed at 105.95. now lets see if it takes support here or move lower to  98- 92 levels !!!! Only time will tell ! Again remember Market is subject to risk and moves with sentiments

JAIPRAKASH ASSOCIATE NSE Symbol JPASSOCIAT Looks like inverse Head n Shoulder Expects to go 84.5and  89 with sl at 72.5 and 68.  50 dma at 78.7, better to buy above it. Today's closing price 80.05 On 17th may 2013 JP touched 83.5 high 1 rs short from the 1st target. today (23.05.2013) its coming down, its coming down   Let see if it sustains around 68. note: market is subject ot risk and moves with sentiments.

Nifty closed at 6187 in 17th may 2013 Three rumours are afloat 1. Mauritius says Tax Information exchange Treaty is ready to be signed. 2.S&P holds its negative outlook on India's Credit rating 3.India's Ruling Government brooding on  Early Pole in November Nifty couldn't breach 6300 two times before . Will it breach it this times? Or will it repeat its panic 6300 Only time will tell note : Market is subject to risk and moves with sentiments.

Only for nifty-ers Mauritius just said that the new Tax Information Exchange Treaty is ready to be signed. The agreement just helps both countries to share tax information regarding transaction of all entities doing business enroute. "A joint working group has been set up for revision of the DTAA and Mauritius has taken a number of steps within and outside the provisions of pact to address India's concerns." Tax residency certificates will be regularly reviewed.

Saint Sebastian  died circa 288.  St. Sebastian by Mantegna The painting was made by Andrew Mantegna in (1456-1459).  The picture represent the death of St. sebastian. Its currently placed in Kunsthistorisches Museum, Vienna, Austria. Now look at the upper right corner of the painting. There is a rider in the cloud  depicted as Saturn God.  However the most interesting part is the right middle of the painting. Who are they?????!!!!!! Are they travelers or tourists and what they are doing in Circa 288 with travelling gears?? You find out???

This is the daily chart of dow jones DJIA not looking good friends. Are we about to see a dive ??!!! Time will tell...........................................

RCOM on13th may 2013 closed at 105.75 support. now lets see if it touches 98 range. Only time will tell. follow up 9th may 2013 blog if you like. note : Market is subject to risk and based on sentiments.

GRAVITY To be released on October 18 2013. IN 3D IMAX

Spanish surrealist painter                           Salvadore Dali                                His  Moustache  is not stranger then his paintings

Nifty touched 6111 high on 29th Jan 2013. It touched again 6114 again on 11th May 2013 And look at the nifty fifty stocks performances

State Bank Of India EOD Chart closed at 2293 in NSE SBIN if the last HNS pattern pans out well then we can see sbin touching 1900 to 1500 levels. However if this recent pull up continues then we can forgo this thought . panic starts only below 2060. EPS to industry PE also says Rs. 1661. You can check buy multiplying PE with Industry PE http://www.moneycontrol.com/india/stockpricequote/bankspublicsector/statebankindia/SBI

The Virgin of the Rocks (c. 1483-86) painted by Leonardo Da vinci and two local artists (the Predis brothers), in the church of San Fransesco Grande , now in Louvre museum, Paris. This painting was originally meant for the church but due to some disputes it was later sold . Later another version was painted supposdly by davinci himself which embellish in the church later moved to National Gallarie, London. left: louvre version, right: london version On a first glimpse both luks almost identical however there are differences in both pics. Just like "Find the difference" games in newspapers. There are many mysteries shrouds over the former and later versions which had been pointed out by decoders. This painting was also referred by Dan Brown in his novel "Davinci code". As in the former version(louvre) leonardo wasn't in the mood to depict Mother Mary and Jhon the Baptist as angels. Why? But later it was modified as seen in ...

"Facts" are stranger than Fiction Longest officially recognized place name is Taumatawhakatangihangakoauauotamateapokaiwhenuakitanatahu , has 85 letters. It's the name for a hill, 305 metres (1,000 ft) high, close to Porangahau, New Zealand The world's first University was established in Takshila , India in 700BC. More than 10,500 students from all over the world studied more than 60 subjects. The University of Nalanda built in the 4th century BC was one of the greatest achievements of ancient India in the field of education. About 75 acres of pizza are eaten in in the U.S. Everyday. 40 percent of McDonald's profits come from the sales of Happy Meals . All the planets in our solar system rotate anticlockwise, except Venus . It is the only planet that rotates clockwise. The word "listen" contains the same letters as the word "silent". 60% North Indians are pure vegetarian & in whole India 36%. The 73% of pe...

RCOM chart eod on 9th may 2013 result on 10th may 2013 Are we seeing 98 and 90 level soon??!! there are many more technical indicators showing awry !! so cautious   Only time will tell.

REUTERS - Punjab National Bank (PNB)( PNBK.NS ), India's No. 2 state-owned bank, on Thursday posted a 20.6 percent fall in net profit for the quarter ended March, dragged down by higher provisions for bad loans http://in.reuters.com/article/2013/05/09/pnb-punjab-national-bank-results-idINDEE94804K20130509 and see the intra day chart this is stock market !!!

nifty as of today - 9th may 2013 nifty chart highlighted from oct 2009 till date now lets do some crazy thing lets reverse the nifty chart upside down nifty upside down do you find any similarity?? We are somewhere on the small horizontal bar on this fake nifty chart. Now the question is .......................... Will nifty make such fake moves !!!!

very interesting fact,

NIFTY Eod chart as per NSEIndia, (its a line chart with closing price) My Nifty chart ............. eod line chart with closing price feel the difference  ........................... dont ask me how !!!