NIFTY TREND

Nifty made higher high and higher low during the whole week and closed with a highly positive bias. The week closed with 185 points gain. And Expiry to expiry it was 288 points. This was the first time fear overcame the greed and retailers were just watching the rally waiting for a dip to buy which never happened.  

Those waiting for dips or huge fall may have to wait. Those who buy PEs may be wealthy enough to lose. 

But market does not bother about them!  With global cues being positive, daily and weekly trend pointing northward direction, one must choose whether to take part in the rally or watch it. 

You want to  be  Virat Kholi or Virender Sehwag. Choose your role as active player or commentator.

Till end of the year 2019, do not try PEs. Take part in the rally and make money for a merry Christmas and New year party!

Rally is going to continue beyond monthly expiry. This is what Nifty whispered to me after weekly close. 

Any one willing to understand market, willing to trade with levels with no greed, do contact me. 

Knowledge is power . Absolute Knowledge is Absolute Power!

தூது  - The Envoy

கடனறிந்து காலங் கருதி இடனறிந்

தெண்ணி உரைப்பான் தலை.  # 687

மு.வ : தன் கடமை இன்னதென்று தெளிவாக அறிந்து , அதை செய்வதற்கு ஏற்றக்காலத்தை எதிர்நோக்கி தக்க இடத்தையும் ஆராய்ந்து சொல்கின்றவனே தூதன்.

He is the best who knows what's due, the time considered well, The place selects, then ponders long ere he his errand tell. 

He is chief (among ambassadors) who understands the proper decorum (before foreign princes), seeks the (proper) occasion, knows the (most suitable) place, and delivers his message after (due) consideration.