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

Bang Bang@ Nifty

Nifty was up full 500 points plus @9100+ as expected on 11th feb and then corrected.

11th feb@ As said earlier Nifty spot will remain very strong abv 8588.....from where we can see upside of 'upto' 400-500 points. Weak only below 8588.

So once again we are very close to this magical fig of 8588 which could decide the short term fate for markets.

All on facebook@ Money Mystery

Visit https://www.facebook.com/pages/Money-Mystery/110669695616982?pnref=lhc

Nifty...What Next??? Remember@ Get used to 6000 & Beyond in Gangnam style:))???

As Nifty took a breakout above 6310+ and currently trading around 6500+- since last 8-9 days.
Right now I don't like the idea of shorting at around 6500 for little points. I strongly feel that on any downside close to 6360/6315 its a buy as it is first of the major support level from current area.. I see big levels in Nifty so the idea of shorting at current juncture looks like a bad idea:(

Bank Nifty@ The Villain

It has been the Bank Nifty which has shown 1st sign of weakness in compare to Nifty. I have been talking of 10400 levels as an important spot level for Bank Nifty. So as long it remains below 10400 I see continuous weakness in Bank Nifty where on the downside it will try to take support & bounce from the region of 9899 which is the first important support area and below that at around 9450 if not more.

Bank Nifty strong only above 10450/10500++ closing.

Nifty finds immediate strong support in the region of 5990 & 5930

what ahead for Markets?

Money Mystery@ Once again Bang on Nifty Spot & Bank Nifty Spot‏

Whenever markets gets into crisis like situation Money Mystery has acted as an crisis manager on many of the important occasion. 
When both Nifty & Bank Nifty spot were tanking we came with the following view on 12th Nov@
http://moneymystery.blogspot.in/2013/11/nifty-tired-or-its-pause-before-big-move.html
Scenario 1@ As long Bank Nifty spot stays over 10400 there's nothing to worry and a big bounce is expected close to that.

Scenario 2@ Only a closing below 10400 will make Bank Nifty spot much weaker adding more weakness to the market.

Probability@ Both Nifty & Bank Nifty spot could bottom out at the same time where Nifty have very strong support close to 5960/5930 where Nifty today closed around 6018 and I expect Nifty to take support and give a solid bounce. While Nifty corrects to 5960/5930Bank Nifty could also correct close to 10400 and give a solid bounce.

Overall its a go long market around the mentioned level.
We have given both side view so trade accordingly.

We have been guiding at money mystery facebook about various things including Nifty's level. (End)
On 13th Nov Nifty spot hits low of 5972.45 whereas Bank Nifty spot hits low of 10412.05

From there Nifty bounced back to 6157 and Bank Nifty spot bounced back to 11096 so far when this message posted giving away upside of 184 & 684 points respectively in just 2-3 trading session from the tight mentioned support level.

THERE ARE VARIOUS REASONS TO BE WITH MONEY MYSTERY.

For more info visit moneymystery.in

Kind Regards,
Manish Bothra,

Kolkata

Nifty@ Tired or its a pause before a big move.....!!!

Breaking Alert@ Yesterday Bank Nifty spot hits intraday low of 10412.05 n bounced.
Nifty spot hits intraday low of 5972.45 and bounced.
So far in line with the given view. Almost bang on.
So the bounce should continue as expected in the last message.

Checkout message given yesterday.

There are various reasons to be with Money Mystery. 

Nifty@ Tired or its a pause before a big move.....!!!

Scenario 1@  As long Bank Nifty spot stays over 10400 there's nothing to worry and a big bounce is expected close to that.

Scenario 2@ Only a closing below 10400 will make Bank Nifty spot much weaker adding more weakness to the market.

Probability@  Both Nifty & Bank Nifty spot could bottom out at the same time where Nifty have very strong support close to 5960/5930 where Nifty today closed around 6018 and I expect Nifty to take support and give a solid bounce. While Nifty corrects to 5960/5930 Bank Nifty could also correct close to 10400 and give a solid bounce.

Overall its a go long market around the mentioned level.
We have given both side view so trade accordingly.

We have been guiding at money mystery facebook about various things including Nifty's level.

Kind Regards,

Manish Bothra,
Kolkata.  

We did it again......Bang on Nifty & Excellent Return on Recommended stock:-)

On 27th Aug the following view was given on Nifty where we initially expected Nifty to hit level of upto 5170 and expected a decent bounce from there where Nifty hits low of around 5119 and closed at 5285 on 28th Aug. Since than Nifty saw an upside of close to 445 points from the recent lows in 4 trading sessions.
http://moneymystery.blogspot.in/2013/08/niftywhat-ahead.html

On 28th Morning exclusively to our clients we recommended the following stock just before the market opened@

L&T in the region of 674/661
Reliance Infra around 322
HDFC Bank around 547
Axis Bank around 806
Reliance Industries around 774
ITC around 290/288

We got excellent return in all the above mentioned stock and recommended profit booking at various levels.

Though from the recommended level@

L&T hits high of 734 where it made intraday low of Rs 677+
Return@ 8%

Reliance Infra@ Hits high of 354@ Return 10%

HDFC Bank@ Hits high of 604@ Return 10%

Axis Bank@ Hits high of 891@ Return 10%

Reliance Industries@ Hits high of 890@ Return 15%

ITC@ Hits high of 323@ Return 12%

Nifty...What ahead???

Nifty strong support at 5220/5170 from where it could give some some decent bounce.
Below 5170 Nifty could hit level of upto 4940 from where it could bounce again....step by step!!!

Nifty currently around 5295 when this message posted.

We see opportunities in distress market and currently looking to build  portfolio for our clients slowly & steadily:-)

Bang on Nifty again@

Exclusively to our clients we gave the following message on Nifty on 6th Aug Night and posted the same on Facebook Money Mystery on 7th Aug Morning@


Money_Mystery: We are at last good leg of support level. If holds then fine else could see a panic selling which could drift the nifty further much lower which we will update later. Currently strong till it holds around 5449.


What Happened@ On 7th Aug it made low of 5486.85 from there it went on to hit 5644 as of today...saw upside of 157 points.

NIFTY PE at 16.51@ Start accumulating slowly n steadily@ Rome was not built in a day:-)

No one listens when the market are higher. Whenever I feel the markets are higher I keep on advising my clients to sell and keep the cash in hand however no one listens.....even also if they sell some they want to invest the same within that time only which I don't favour at all. Its easy to get in however very difficult to get out and even much much difficult to keep portfolio at zero. Everyday is not a trading day and I look for good opportunities to get in for my clients. I love distress like situation to get in and when things looks rosy & happy I love to get out or remain out of it.

Now at current levels am bit positive about the market and look forward to advice to my clients and have already advised some. This's not a trading market rather its a time to accumulate slowly slowly in a systematic way and am hopeful that it will pay off going ahead.

Something looking very exciting and gives a reason to cheer is the current PE of Nifty which has comedown to 16.51 as of today and whenever it has come around these level it has given good return over a period of time if someone made a entry there. So 16.5/14 is the bracket where 1st phase of shopping can be done. The next bracket is below 14 where Nifty PE hits low close to 10.68 in Oct 2008 from where it went on to hit close to 26 in Oct 2010. 

Basically Nifty is considered to be in oversold range when Nifty PE value is below 14 and it's considered to be in overbought range when Nifty PE is near or above 22/23+

Nifty closing at 5542.

Nifty

Strong support for Nifty below 5650 stands at 5608/5600 & 5568 for the time being.

We gave the following view on Nifty@

Yesterday around 12.12pm we gave the following view on Nifty exclusively to our clients via sms@
Nifty strong support at 5670/5650. Should bounce....lets see:-)


Yesterday it took support there. Today also it took support near the mentioned level & bounced.
Am right now positive on markets again and see more upside.
Its an personal assumption.

Nifty Roarrring...What Next??

Earlier we gave resistance for Nifty around 6134/6143 which got hit today.
Now Nifty gets strength only above 6143/6150 closing where on the upside it could see level of upto 6300/6312 and vice versa.

Don't think much...just subscribe to Money Mystery:-)

Nifty hits 6000

Breaking Alert@ NIFTY HITS 6000:-)

Replying to one of the brokerage firm view regarding Nifty touching 5320 at moneycontrol messageboard............Read my message dated 5th April on Moneycontrol Message board on Nifty@http://mmb.moneycontrol.com/india/messageboardblog/message_thread/16548094/18764700#m18764700

AB TERA KYA HOGA NIFTY?????

We know what happened with Kaaliya in Sholay...what about Nifty???? Who's the Gabbar here??? 
Well we can only predict or assume things taking some parameters. The rally started above 5600/5608 which we mentioned quite a time in our earlier messages and the range was given till 6134/6143 in the message given here at this blog on Dec 6th 2012  where on Jan 29 it made high of 6111 and started correcting from there. Somehow we gave our top for the market much earlier than anyone else. We're back to square one again from where we started. Market is full of negative noise and there's a valid reason.....stocks prices are out of shape...what Talwalker or Gold Gym couldn't do market did in just few days for the stocks. This's Dirty Picture. 
My India is not like that.
What signals are we giving??? In the last 3 month our performance have been the worst when compare to Nikkei, Jakarta, Dowjones, S&P, Nasdaq, Hangseng, CAC, Dax or the FTSE. Things need to change now fast & quick. Technically I still see strong support in the region of 5608/5600 and I expect Nifty to bounce back in style. Only continuous closing or closing below 5600 will make it further weaker where on the downside Nifty could see downside level of upto 5428. So as of now 5600 will give a good challenge to the so called Bears.

(Edited Later) at 4.32pm on 23rd March**** 6 month & 1 year chart shows very strong support for Nifty in the region of 5571/5554.....however it gets the bigger momentum only above 5600/5608 level.

Nifty:-)

Well big immediate support for Nifty is around 5660 and most likely will bounce back from somewhere near to that and on any further downside below 5670/5660 level of 5608/5600 will act like solid support. 
So why Panic???? Let see what happens..we will get back as an when feel necessary.

Panic only kills.

Regards,

Manish Bothra.

Nifty@ We did't Panic...We Gave Solid Advice

Not only here but also in Moneycontrol Message Board the following was posted on Nifty on 28th Feb 2013@

Am confident of a big big bounce back in Nifty in the days to come which could take Nifty back to 6000 levels step by step. I see Nifty taking support somewhere near to 5608/5600 levels...this‘s the area from where this last rally got started. So no need to panic....I see excellent opportunity in this correction.
So as long 5600 is maintained am very positive for Nifty.

Kind Regards,
Manish Bothra,
Kolkata.

http://mmb.moneycontrol.com/india/messageboardblog/message_thread/15921340/17846585#m17846585

So far from low of 5663.6 Nifty bounced back to 5952.85

This was at a time when various experts were giving levels of sub 5500 for the Nifty. Those who waited for those level couldn't even participate in the current rally. We don't comment on daily basis. We make sure that people remain informed and can take informed decision without panic. Earlier also in the event of big crisis we have delivered. 

Check this out where the bottom for Nifty was predicted in sep-oct 2011 which eventually took place in Dec 2011@

http://moneymystery.blogspot.in/2012/01/predicted-nifty-strong-support-at-4529.html

Nifty@ As expected....Big Bounce Took Place:-)

This's what we posted on 27th Feb 2013@ 

Nifty@ Not to worry, near to current bottom!!! Big Bounce Seen

On 8th Feb 2013 we categorically said that below 5850 Nifty could fall 90-100 points and it did where on the downside we gave support level at 5766/5750. Now what???? Strong support levels are bounce back levels. Nifty already corrected 6% from its recent top of 6111. To be precise the rally got started above 5600/5608 level and if by any chance if Nifty comes to near that level its a clear cut buy without any fear and little bit of shopping can even be started now in good blue chip companies.

Its an personal assumption.

And what happened since then@ Upside of over 200 points

On 4th March Nifty hits intraday low of 5663.6 and today 7th March at close Nifty was at 5863.3 where it touched intraday high of 5878...an upside of over 200 points in Nifty when most of the market participants were talking of sub 5550-5500 levels for Nifty in various business channels.

Going with that view who could have participated in the rally????

We gave just one view and nothing else.

Kind Regards,

Manish Bothra,

India.