Timing Matters with LevelMatters @MoneyMystery

Timing & Level matters the most. There has been a lot of  negativity in the market with loads of fear which was panic driven. Never believed in creating panic instead we love our people to understand and know where they stands and what can happens the most in my little understanding which its very important during turbulence time.

The screenshot below is dated 2nd August 2019. Mentioned crystal clear levels.

Here's the link@ https://twitter.com/MoneyMystery/status/1157139703360942081?s=20

This range of level acted super solidly and it bounced thrice close to this region even maintaining the given level on closing basis.

The screenshot below is dated 10th Sep 2019.
Here's the link@ https://twitter.com/MoneyMystery/status/1171133885712723975?s=20

Further on 17th Sep 2019 had something in mind and shared the same on Twitter. The screenshot dated is below 17th Sep 2019.
Here's the link@ https://twitter.com/MoneyMystery/status/1173970369230905347?s=20 

On 20th Sep Morning at around 10.16 am I again updated the same in my whatsapp broadcast group.
Here's the screenshot of the same. The screenshot was later posted on twitter. https://twitter.com/MoneyMystery/status/1174937913047433221?s=20

Even for Nifty Bank the following 1 view was shared on 26th Aug 2019

Here's the screenshot@

On 2 occasions Bank Nifty bounced close to 26600 where it made low of 26641 & 26643 respectively on 4th & 19th September.

https://twitter.com/MoneyMystery/status/1169172618039087106?s=20

THE REST IS HISTORY

Nifty bounced to 11694 up over 1000 pts

Bank Nifty bounced to 30800 up over 4000 pts

in just 2 days taking markets out of the woods.

Regards,

Manish Bothra

@MoneyMystery on Twitter

Timing the Bottom once again....this time Nifty PSU Bank Index :)

This is what was posted for Nifty PSU Bank Index on Sunday Night. So far from low of 2936.5 on Monday hits 3113 so far today.

Majority of PSU banks are on Fire.

Timing the Bottom once again....this time Pharma Index :)

Timing is more important and am happy to say that this time too we were able to catch the bottom at the right time....this time it was PHARMA :)

Money Mystery on Pharma Index...
Tweet dated 10th August 2017...Bang On!!! 
Hits low of 8314 on 11th August 2017...
So far hits 9611 when this message is posted as on 21st Sep 2017.

#LevelMatters

Level Matters With Money Mystery....Bang on Finding Out Bottom !!! Courtesy @ Bank Nifty :)

This time it was the Bank Nifty which gave the lead towards the bottom search.
Nifty, Bank Nifty & Sensex bottomed out on 26th Dec 2016 for the time being@

Recent low in Bank Nifty : 17606.9    dt 26th Dec 2016

For Nifty                           : 7893.8      dt 26th Dec 2016

For Sensex                        :  25753.74 dt 26th Dec 2016

Our assumption/possibilities on markets went right once again when it matters the most...we did earlier as well in Feb 2016 and before that as well as an when it mattered.

Below are the screen shot & link of my recent 2 article dated 22nd Nov & 23rd Dec 2016 post demonetization.

Screen Shot for article dated 22nd Nov 2016

http://moneymystery.blogspot.in/2016/11/we-have-best-pm-with-uswhy-to-worry.html

Screen shot for article dated 23rd Dec 2016

http://moneymystery.blogspot.in/2016/12/bank-nifty-indicator-right-now.html

Bank Nifty up close to 1250+- & Nifty up close to 500 & Sensex up close to 1400 points from the perfect expected bottom as of today.

Kind Regards,

Manish Bothra

@MoneyMystery on Twitter

PVR Cinemas Vs Inox Leisure....Big Valuation Gap...How Long???

PVR Cinemas @ 562 Screens In 122 Properties In 48 Cities Pan India.

Market Cap as of today Rs 5820 Cr.

Inox Leisure@ INOX currently operates 113 multiplexes and 446 screens in 57 cities making it a truly pan-Indian multiplex chain.

Market Cap as of today Rs 2200 Cr.

PVR Market Cap Rs 5820 Cr 

Inox Market Cap Rs 2200 Cr

Gap of Rs 3600 crore (as Market Cap) where PVR has just around 116 screens extra Vs Inox Leisure in total.

Big Valuation gap is seen in Inox Leisure in compare to PVR and as a result of this Inox Leisure looks very much undervalued.

PVR Ltp Rs 1220

Inox Leisure Ltp Rs 228

PVR is up 6x since it got listed in 2006 from its IPO price whereas Inox Leisure is not even 2x from its ipo price since it got listed in 2006.

Shareholding Pattern - Inox Leisure Ltd. 

Holder's Name	No of Shares	% Share Holding
Promoters	46973928	48.7%
ForeignInstitutions	16231177	16.83%
NBanksMutualFunds	13192046	13.68%
GeneralPublic	11552335	11.98%
Others	8114282	8.41%
FinancialInstitutions	98985	0.1%

Nothing much seen with General Public. 
In Q3 Let see whats the percentage remain with General Public.
Its just getting out of General Public.

The Reserve Bank of India (RBI) has allowed foreign institutional investors (FIIs)/registered foreign portfolios investors (RFPIs) to buy upto 49 percent in the company from existing 24 percent under the portfolio investment scheme (PIS). 

Do we see a big re rating happening soon in Inox Leisure???

Bank Nifty@ The Indicator right now

In my last article dated 22nd Nov 2016 we discussed something on Bank Nifty @@@


Well Bank Nifty is the only index which is still strong & 1000 points above the Laxman Rekha which is right now placed close to 17400/17365+- where it is currently trading around 18400.


A Possibility@ Bank Nifty has the room to fall another 1000 points close to its Laxman support rekha and where other indices like Nifty & Sensex could also bottom out along with Bank Nifty and we see a big bounce there after.


Let see if the above possibility works out.

http://moneymystery.blogspot.in/2016/11/we-have-best-pm-with-uswhy-to-worry.html

Since then Bank Nifty has corrected close to 600 points & right now the Laxman Rekha support is close to 17440+-

Currently Bank Nifty at 17828 when am writing this :)

So we may expect correction close to 17550/17440 maxx before a big bounce resume again. In short i feel we are very close to a bottom. 

Wish this possibility works out as expected.

Kind Regards,

Manish Bothra

We have the best PM with us...Why to Worry????

Levels keep on changing little with time. In my last article dated 29th Sep I talked about 8226+- as the key level which was keeping the market uptrend going at that time. The level got changed to 8320+- which I have been mentioning in my twitter handle @moneymystery where I have been more active in the recent time and once the Nifty closed below 8320 the caution message was posted along with a expected probable correction of 8-10% from 8320 where we saw Nifty corrected by over 400 points in just 5 trading session below the 8320 level.

Now what???

Panic period is the period where you get a chance to add up quality stocks....don't get panic however use the panic period in market for own development.

Even in last Feb month there were many biggies who were left out as they were expecting the market to dip more n more which did not happened.  

When we have the best PM with us why to worry???  The entire world would bet on the best.

People will start recognizing the value of every rupee spent which many forget.


Well Bank Nifty is the only index which is still strong & 1000 points above the Laxman Rekha which is right now placed close to 17400/17365+- where it is currently trading around 18400.


A Possibility@ Bank Nifty has the room to fall another 1000 points close to its Laxman support rekha and where other indices like Nifty & Sensex could also bottom out along with Bank Nifty and we see a big bounce there after.


Let see if the above possibility works out.

Nifty@ Is it all Over????

In my article dated 20th March 2016 we talked about a possible upside of 10-15% above 7780 which happened were it made a high of 8968 on 7th Sep 2016....perfect 15%

Article dated 20th March 2016, Titled@ Will Mr.Raghuram Rajan make use of his Brahmasthra on Time?
http://moneymystery.blogspot.in/2016/03/will-mrraghuram-rajan-make-use-of-his.html

Is this rally in Nifty over????

Nothing much to comment here....The current uptrend remains intact till it holds 8226+-

As long it trades above 8226+- am very much okey.....bigger weakness seen only below 8200 for the time being. Do note that level gets change a little along with time. So right now the Laxman Rekha is 8226+-

Regards,

Manish Bothra,

@MoneyMystery on twitter.

Market Turbulence....Don't Worry....There's Money Mystery :)

Dear Friends,

Over the past many years when ever there has been high turbulence fearful time in the market we have loved to handle the crisis & came up with our thought on markets with key index levels which always matters me the most & tried to cool off the fear....after all level matters & this time too we did it. Looking n searching for bottom is very interesting & we were bang on again.

I don't believe in posting all the time, there're times when you feel like sharing thoughts at one go & you start writing. I have my own way of reading charts & analyzing market. Complicated charts never excites me. Even peoples behavior at those turbulence time says up many things.

Posted just 3-4 key article since Sep 2015....hope you read it. Am posting the link again one by one so that you can analyse how it went.

Article No.1, Dated 4th September 2015, Titled@ Darrna Mana Hai Abhi.
http://moneymystery.blogspot.in/2015/09/darrna-mana-hai-abhi.html



Article No.2, Dated 26th February 2016 just before Union Budget on 29th Feb 2016, Titled@ Time to Get Set Ready :)
http://moneymystery.blogspot.in/2016/02/time-to-get-set-ready.html



Article No.3, Dated 1st March 2016, Titled@ In reference to Darrna Mana Hai Abhi / Get Set Ready
http://moneymystery.blogspot.in/2016/03/cont-darrna-mana-hai-abhi-get-set-ready.html



Article No.4, Dated 20th March 2016, Titled@ Will Mr.Raghuram Rajan make use of his Brahmasthra on Time?
http://moneymystery.blogspot.in/2016/03/will-mrraghuram-rajan-make-use-of-his.html


From the recent bottom Nifty is up around 1800 points.
Sensex is up around 5600 Points.
Bank Nifty is up around 5700 points.
All within last 5 month.




Thanks for your valuable time.

Kind Regards,

Manish Bothra

on Twitter @MoneyMystery
on Facebook as Money Mystery

Gold Rush!!!!

Gold up $265/oz since then. Currently at $1312/0z from recent bottom $1046/oz made in december 2015.

We found the bottom & bounce back level long back in 2013.

Have a look at this msg link dated 25th June 2013@

http://moneymystery.blogspot.in/2013/06/goldwhere-its-heading-1020980oz.html

Nifty Pharma Index @ Close to Key Support

Though the street is very much bearish on Pharma....I feel as long 10178+- is hold on Nifty Pharma index there's all possibilities of a revival.

Only below 10178 it gets very much weak & worst & vice versa.....its the key level.

Levels are on closing basis.

Will Mr.Raghuram Rajan make use of his Brahmasthra on Time?

7459-7583 was a congestion area in Nifty & it took 11 trading session to cross & close above it. Its good that it has spent good time in this range before closing higher. On any downside it provide good support.

If anyone following my twitter account @MoneyMystery then one can find the same mention on various occasion.

We have discussed about the same range in our previous article too dated 4th September 2015 (Darrna Mana Hai Abhi) & if someone noticed carefully it took support on 2 occasion around the mentioned range & bounced off nicely post 4th Sep 2015. It was clearly mentioned that it will get tough fight from 7583-7568 & 7511-7459 before any break down.



Nifty closed at 7604...a good weekly closing indeed. 

We are very closed to a very important level which is around 7780 right now  (Level may little change with time).

If it can give weekly closing above 7780 then we can witness solid bounce in Nifty to the tune of 10-15% in the time to come provided the level is hold. Its a very key level above which the scenario can change dramatically on the positive side..

This is not an easy level to cross. We are very much near to it however still far from it. What can take it above is the key question & right now the Brahmasthra seems to be with Mr.Rajan which is the Rate cut. Timing matters here & the right time for rate cuts will be close to that level where it will certainly take it above the key level & I expect the same to happen.

The current upside in Nifty from 6825 to 7600+ shouldn't be underestimated as it is backed by solid FII's participation. 

Gold hits $1046/oz on 3rd Dec 2015 & Bounced Sharply as expected

It almost took 2 & a half year for Gold to arrive close to the mentioned level of $1020/980/oz which we anticipated on 25th June 2013 in my article @

Gold...Where its heading??? $1020/$980/oz???

In my assumption Gold is going to see downside level of upto $1020/$980/oz before it turnaround, currently around $1280/oz. This's my view as of now.

Link to the article@ http://moneymystery.blogspot.in/2013/06/goldwhere-its-heading-1020980oz.html

In reference to Darrna Mana Hai Abhi / Get Set Ready

In continue with the extreme downside level given in the article Darrna Mana Hai Abhi dated 4th Sep 2015, this is what happened so far:


For Nifty it was 6782/6694+-.....where on 29th Feb Nifty touched intraday low of 6825.8


For Sensex it was 22688/22403...where on 29th Feb Sensex touched intraday low of 22494.61


For Bank Nifty it was 13317+- where on 29th Feb Bank Nifty so far touched intraday low of 13407.25

So far in line with expectations.

Waiting for the FIIs inflow now :)

Time to Get Set Ready :)

Its almost close to 6th month I wrote my last article Darrna Mana Hai Abhi dated 4th September 2015. 

It was told that Darrna mana hai abhi...infact by now sabko darra bhi diya and hila bhi diya. 

This fear was much more advanced in compare to 2008 as the world is connected to advanced tech of whatsapp...twitter....bbm....and other social medias of the world. Any message or info whether good or bad is transmitted amongst a group in a matter of seconds and it plays the designated role.

Talked about creating & using panic fund and mentioned some extreme key levels from my side on Nifty, The Sensex & The Bank Nifty which i least expected however we are there.

The last para of the article reads@ So this is what can happen max to max in my believe. So do not Panic & Fear and do not let it spread.
Spread Confidence.

Now when we are here everyone must be hearing and talking about various different levels on the downside which i don't want to discuss however am confident of a mega bull run to start sometime soon which will go a long way.

Let me talk about the extreme level we talked about and what happened@

For Nifty it was 6782/6694+-.....where on 12th Feb Nifty touched intraday low of 6869.

For Sensex it was 22688/22403...where on 12th Feb Sensex touched intraday low of 22600

For Bank Nifty it was 13317+- where on 25th Feb Bank Nifty so far touched intraday low of 13519.9

Panic fund was supposed to be used here.....some might have used.....some might be out of cash....Some might be in fear and panic to use.....and some might be waiting for big further downside to add.

Start Adding.

Bank reflects the overall health of the economy and a lot has happened over the past 1 yr....a lot of dirt has been flushed off.  For me the the level of 13317/13269+- is very very important level for the Bank Nifty and am expecting a very big bounce close to it which has the capacity to take the entire market higher.

Wish the given level maintains.

Given levels are on closing basis.

I don't know if this will be the bottom however am confident that we are not far from that.

Good days will be back again.

Will definitely get further boost if INR spot strengths which am expecting it to take a U turn from close to 69.2+- Vs the USD  where 67.4 to 69.2+- is a range and anytime closing below 67.4 will make it further strong.

Need to see FII's positive inflow which is the most important of all.

You all are Strong.....You all fought with Fear & Panic.....You are bound to succeed.

Link of my last article @ http://moneymystery.blogspot.in/2015/09/darrna-mana-hai-abhi.html

Note: Above are my personal assumption and observation. Things may or may not work.

Ref @ Darrna Mana Hai Abhi :)

So far glad to see Nifty and Sensex giving weekly closing above 7229/7230 and 24217 respectively. 

As of now Nifty bounced from intraday low of 7241.5 on 20th Jan 2016.

For more reference read my previous article dated Sep 4th 2015

Darna Mana Hai Abhi...FIIs ab to aa jao (Ghar Waapsi)

In reference to my last article dated 4th Sep 2015 with Caption Darrna Mana Hai Abhi we are just close to my worst case bottom level of 7229/7230 for Nifty.

I strongly feel that Market is likely to rebound from these level. One more important thing to notice is the Sensex which is also close to the critical level of 24217. So what comes first...Nifty 7229/7230 or Sensex 24217 for a big reversal.

Why i think it to be a reversal point?
Because Nifty below 7229/7230+- gets much much weaker where on the downside it finds support around 6782/6694 which is big 450-540 points down under....Similarly for Sensex below 24217 it finds support around 22688/22403 which is good 1500-1800 points down under. 

So before getting that ugly market will give a chance to itself to get better.

Nifty PE has also come down to 20.12 as of today so hope for the best now :)

Its just an personal assumption.
Levels are on closing basis.

DARRNA MANA HAI ABHI

People looks for big opportunity to invest and when those opportunities comes in the form of Lehmans or China they just don’t dare to step in to the market add those who dare have been the most successful.

The media plays the bigger role of a bull and the bear at the best  and most of us get hypnotized through them. Avoid much of  tele media.  Your tv hero could make you zero.
Nifty has corrected from 9119 to 7600+…around 16% from top and how much more before we set for a solid full time bounce again???

Let me talk about the extreme worst case scenario. 
For Nifty I don’t see it breaching below 7229/7230+- that is my bottom level however before arriving to 7229/7230 it will get tough fight from 7583-7568 & 7511-7459.

I would also love to mention what could happen if Nifty breaches and trades below 7229…In that case it could correct further upto 6782/6694 with no support in between which means if am buying till 7229 I will keep a Panic fund which I should utilize close to 6782/6694+- levels only.

Create a Panic Fund to be deployed only during panic. Start adding in tit bits rather hunting for big bargaining else you will end up with nothing I bet.

Those who are in love with the banking stocks and who have been buying till now should also keep a look at the Bank Index. 16254 was a key support for it and today most likely it will closed below it and below 16254 I see support close to 15740-15550-15316-14793-14765-14447 where you can add again in parts.

Just to remember that below 14447 the next support is around 13317+- which is the major one…the top one. Just try to analyze the gap between each level. These are support level.
Now comes the Sensex@  With todays fall first support is around 25024 where below 25000 it finds support around 24694 & 24217 where 24217 is the most important support level for it because below 24217+- there is no support till 22688/22403 which is good 1500-1700 points.

So this is what can happen max to max in my believe.  So do not Panic & Fear and do not let it spread.

Spread Confidence.

what ahead for Nifty????

In the extreme worst case I feel Nifty taking support close to 8120+- and bounce back.

In the event of closing below 8120/8100 Nifty has all possible chances of hitting downside level of upto 7790/7750 & 7460+- max before bouncing back again.


We are not here to panic anyone. I don't believe in pressing panic button. Caution is the key word here. One should remember what can happen if any key level is broken so that one can act accordingly.

Above 8588 we gave upside level of 400-500 points which got hit on 4th march hitting 9100+ and it start correcting from there.


Below 8588 I alerted to be cautious and gave 1st downside level of upto 8395.


Further messages have also been given in our facebook page.

There's nothing to fear. Money can't be made overnight. One need to be systematic & discipline. I would definitely like to add some in the region of 8200/8100 as I feel its the 1st best support area for a bounce.

If this level fails to hold I will start adding further only close to the mentioned level of 7790/7750 & 7460+-
One need to have patience and nothing else. Don't loose your cool. Buy when everyone is in fear mode and learn the art of exiting too.



For more updates visit Money Mystery page on Facebook

Bank Nifty@ Be Alert

Bank Nifty Alert@

It has closed weak. It will remain weak below 18300 & vice versa where on the downside it could see level of upto 16524 & 15540+

Kindly be alert and maintain caution going ahead.