shubh

Student of Equity Market,
Travel advisor for customised Holidays, Pilgrimage tours in India.
Starting Medaid -Support services at Coimbatore for Med tourists

[shubh @shubsree]

Nifty : Are we done with Correction without hitting 21700-800 Levels ? My view is NO. 100 DMA has just done death cross with 200 DMA, reversals dont happen without any consolidations near the lows. This correction phase is not over yet.
This is no BUY/SELL recommendation.

[shubh @shubsree]

@adah_sharma Nice work you are attempting to do.
one small point you may like to know & follow in your future editions is wherever a word ends with : colon mark, it is to be pronounced with a ha as in hindi Hawa not havi,for example darsha: to be pronounced as darshaha.
godbless🙏

[shubh @shubsree]

@tweetKishorec hello Kishore 🙏
can you share the link for kovai - realestate forum, kovai business forum and kovai foodie forum. the links are showing as reset so unable to join. You can send it as a private message to me..thanks and regards

[shubh @shubsree]

@tweetKishorec Hello Kishore, nice to see this. can you message me, for a chat, or your contact no, I wish to check few things with you on this list, in particular foodie & real estate group. tks

[shubh @shubsree]

Nifty : I hold no position nor is this any advisory for Buy/Sell. Just sharing my views. My Immediate target of 21700 is set and can be expected sooner than expected.
This downmove can extend till .....Well I will hold it for now till 21700 is Crossed.

[shubh @shubsree]

Nifty :19 Mar made this bearish pattern & now has made a bounce with 2 Green Candles, but still with Lower Low, Lower High moves, Also 100 DMA in track now for Death Cross with 200 DMA.
My next Target of 21700 is still on. This is not a Buy/Sell advice and just sharing my views.

[shubh @shubsree]

Nifty : 22500 Done, 3500 ++ points given up from ATH. My target of 21700 looks like coming faster than I expected. Small day traders should stay away as with India Vix rising higher every other day, option premiums are creamed by Big sellers both ways.
Not a Buy/Sell advice.

[shubh @shubsree]

Nifty : 23000 Done. Given up about 3K points for ATeH in a month & half. Next stop around 21700, the Red Line. This is as per my reading 2 months back where I said Dec to Mar is negative for Mkt seasonally.
This is no buy/Sell advice as I am not a SEBI registered Analyst/Adviser

[shubh @shubsree]

Nifty : 23000 Done. Given up about 3K points for ATeH in a month & half. Next stop around 21700, the Red Line. This is as per my reading 2 months back where I said Dec to Mar is negative for Mkt seasonally.
This is no buy/Sell advice as I am not a SEBI registered Analyst/Adviser

[shubh @shubsree]

Nifty : As shared earlier it bounced & made a perfect reversal from around 23890. The red line will not be easily breached I think & next stop will be the green line 21600 region.
This is no buy/Sell recommendation as I am not a SEBI registered advisor. Just sharing my views.

[shubh @shubsree]

@raghav_chadha appreciate your intervention. You should have highlighted the Fin-Min slumber on much touted GST 2.0 completely not showing any concern for completely revemoving the GST of 18% on such penalty.

[shubh @shubsree]

Nifty : Bounced about 250 Points today. The deeper story happening in Broader Mkt - 964 stock Advance Vs 2040 Stocks decline.
On the chart Now 50 DMA also gives a Death Cross on 200 DMA. We are headed for 22600 - more later
This is not a Buy/Sell advisory. Just sharing my views.

[shubh @shubsree]

@raghav_chadha In continuation of my reply on this, even more shocking part sadly is Fin Min is happily collecting 18% GST on these charges whereas there should be no GST on these penalities as they are distress money forcibly being collected from distressed people

[shubh @shubsree]

@raghav_chadha Point 3 is a daylight robbery by Banks & RBI comfortably in slumber. How can penalty be even 80% + PA when you pay 3% interest per anum ? These are white collor, legal scams run by banks ? Cr Cards charges & penalites are another area you may do some research on.and get shocked

[shubh @shubsree]

Nifty : Near a very crucial Support while 20 DMA is making a death Cross Vs 200 DMA. This is where multiple tops were made & broke out to make many new Highs.
Breaking below the Blue horizontal line can be a long period of consolidation below 23700.
This is not a Buy/Sell Advice.

[shubh @shubsree]

Nifty : 23800 will be done today, so what next ?
I think will consolidate between 23500-24200 for some time and test peoples patience and fear. Big money will continue to make the mkt bounce and get small traders trap and lose money by selling every bounce and buying every dip.

[shubh @shubsree]

Nifty : Price @ 24390. 20 DMA @ 25520. 200 DMA @ 25350. Likely Death Cross to happen soon.
RSI to make lower low below 27.9
Short bounce likely as soon we will be entering oversold territory, We are heading for 23800 over next few days
Not a Buy/Sell Advice. Just sharing my views

[shubh @shubsree]

Nifty :
50 DMA is about to make a death cross with 100 DMA. 20 DMA to do same with 200 DMA in a couple of weeks. Price already at 200 DMA.
My immediate target for Nifty is 24800. We will take further once we are there.
This not a Buy/ Sell Advisory, Just Sharing my views.

[shubh @shubsree]

Nifty : Bounced to ATH & made a Double Top. Multiple Death cross. 20DMA is around 200 points away & likely to make a Death Cross over 200 DMA. 50 DMA soon getting below 100 DMA. Index surely heading for a long period of down trend.
Not a buy/sell Advice. sharing my views only

[shubh @shubsree]

@elonmusk I am broke but not poor, being broke is temporary, being poor is state of mind. Same goes for Money, initially it gives you sense of security & then greed takes over. Any material pocession it buys is not equal to happiness. Happiness is state of mind
I can tell you more about it