CNX Nifty Analysis By technical way

CNX NIFTY Analysis :

cnx-nifty-technical-analysisThis is one chart of CNX Nifty analysis that defied the predictive/forecasting model. And as evidenced by the older Trend lines left ghosted in the chart. Prior analysis indicated that, this former support were defined in chart as, 8505 around. And if failure of nominal support, then next support 8414 around. We are going to buy nifty future near this 1st support of the CNX nifty technical analysis mentioned.

Let’s move CNX Nifty technical analysis for past trend lines :

cnx-nifty-analysis
Traders should look for past levels, which have acted as support and resistance in historical. In the CNX Nifty analysis chart, 8353 is long term support and 8529 failer support, but it’s also very import for acting as Resistance in the future.

I will update tomorrow for Subscribers where to buy Nifty future by the Yahoo Messenger.

S&P 500 Index and compare with CNX Nifty technical analysis :

cnx-nifty-chartThis is a setup for This is a setup for identifying buy signals in the market, particularly for S&P 500. The indicators we are using here are Bollinger Bands and the Volatility index, VIX.
Overview:
I have shown two bollinger bands with different settings – one with 2 Standard Deviations from the MA. And the other with 3 Standard deviations away from the MA. To get the buy signal. We will use the outer bollinger bands, which is the 3 standard deviations BB.
THE SIGNAL:
The buy signal is trigger when the S&P 500 index hits the lower band of the 3 SD bollinger band. And the VIX peaks. For VIX, there is no particular level it should cross. But a relatively high peak, compared to the previous mini-peaks, will be a good signal.

Source and more about CNX Nifty analysis and basic :

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Good Morning : Setting Personal Goals with World markets

World markets with Personal Goals.

There is a strong correlation between self-motivation, personal goals and achievement.  In order to get properly motivated it helps to spend some time thinking about your personal goals and what you want to achieve in your life.

world-markets

We all have an inbuilt desire to achieve, what we want to achieve is personal to us and this may change through life.  At school you may want to achieve good grades, later you may want to pass your driving test or get a job.  People want to know that they have achieved, or have the ability to achieve something of value, meaning or importance.  Generally, the more people achieve, the more self-confident they become.  As self-confidence rises so does the ability to achieve more.  Conversely, when people fail to achieve and meet their goals, self-esteem and confidence can suffer, impacting on their motivation to achieve more.

Understanding the relationship between motivation, personal goal setting and achievement will help you set realistic personal goals, which in turn will allow you to achieve more in the longer term.

Personal goals can provide long-term direction and short-term motivation.  Goals help us to focus on what we want to be or where we want to go with our lives.  They can be a way of utilizing knowledge, managing time and resources so that you can focus on making the most of your life potential.

By setting clearly defined personal goals, you can measure your achievements and keep sight of your progress, if you fail to achieve at one step you can reassess your situation and try new approaches.  Keeping your life goals clearly defined and updated as your circumstances change and evolve is one of the most powerful ways to keep yourself motivated.

WORLD MARKETS:


  • Gold trading at 1200.
  • Us dollar index trading around 88 at 88.71.
  • NYMEX crude trading below 70 at 67.12.
  • DJIA trading at 17,879  with +102.75 Up Points and +0.58% on Tuesday. 
  • Green global trend seen.
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Good Morning with well health by laughing; world markets

Good morning with World Markets health by laughing.

Laughter is a powerful antidote to stress, pain, and conflict. Nothing works faster or more dependably to bring your mind and body back into balance than a good laugh. Humor lightens your burdens, inspires hopes, connects you to others, and keeps you grounded, focused, and alert.

With so much power to heal and renew, the ability to laugh easily and frequently is a tremendous resource for surmounting problems, enhancing your relationships, and supporting both physical and emotional health.

good-morning

Laughter is good for your health

  • Laughter relaxes the whole body. A good, hearty laugh relieves physical tension and stress, leaving your muscles relaxed for up to 45 minutes after.
  • Laughter boosts the immune system. Laughter decreases stress hormones and increases immune cells and infection-fighting antibodies, thus improving your resistance to disease.
  • Laughter triggers the release of endorphins, the body’s natural feel-good chemicals. Endorphins promote an overall sense of well-being and can even temporarily relieve pain.
  • Laughter protects the heart. Laughter improves the function of blood vessels and increases blood flow, which can help protect you against a heart attack and other cardiovascular problems.

 

World Markets:

  • Gold, trading at 1200 at 1207
  • Us dollar index trading around 88 at 87.99
  • Nymex crude trading below 70 at 62.2
  • Dow Jones closed at 17776, and 59 points down on Monday.
  • Global market trend seen in down side.

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Global Stock futures and Nifty Future decline

nifty-future

Nifty Future lost the last three days gains.

Nifty Future Dec. is declined to 8,597.50 and -27.75 down points (-0.32%) cause of RBI policy.

U.S. stock futures fell Monday and Asia markets diverged as investors returned in earnest from the Thanksgiving Day holiday.

Hong Kong’s Hang Seng Index plunged 2.6% as police used pepper spray and clubs against protesters demanding democratic reforms in the semi-autonomous Chinese territory.

In Tokyo, the Nikkei 225 index rose 0.8%. After markets closed there on Monday, Moody’s downgraded Japan’s sovereign debt.

In mainland China,  a manufacturing survey showed activity weakened in November, adding to signs an economic slowdown is deepening. The Shanghai composite index traded flat.

Dow’s futures fell 0.5%, S&P 500 futures declined by a similar amount, and Nasdaq futures were down 0.3%.

European shares traded lower.

Wall Street stocks ended mostly lower Friday.

Today, early morning i have updated down Jones and nifty future charts with Profit Booking level 8617 and exactly Nifty future follow that level. for more  reading about Nifty Future research: Nifty

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I Don’t Believe in Defeat

I Don’t Believe in Defeat

defeat

IF YOU ARE thinking thoughts of defeat problem, I urge you to rid yourself of such thoughts, for as you think defeat you tend to get it. Adopt the “I don’t believe in defeat” attitude.

I want  to  tell you  about some  people  who  have  put  this philosophy into effect with excellent results and shall explain the techniques and formulas which they used so successfully. If you read these incidents carefully and thoughtfully and believe  as  they  did  and  think  positively  and  put  these techniques  into  operation,  you  too,  can  overcome  defeats which at the present moment may seem inevitable.

I hope you are not like an “obstacle man” of whom I was told. He was called an obstacle man because, regardless of whatever suggestion was advanced, his mind instantly went to all possible obstacles in connection with it, but he met his match  and  learned  a  lesson  which  helped  to  change  his negative attitude. It came about in the following manner.

The directors of his firm had a project under consideration which involved considerable expense  and  some  definite hazards as well as success possibilities. In the discussions regarding this  venture  the  obstacle  man  would  invariably say, and always with a scholarly air (invariably this type acts wise, probably a cover-up for inner doubt feelings), “Now just a moment. Let’s consider the obstacles involved.”

Another man, who said very little but who was respected by his  associates  for  his  ability  and  achievements  and  for  a certain   indomitable   quality   which   characterized   him, presently  spoke  up  and  asked,  “Why  do  you  constantly emphasize the obstacles in this proposition instead of the possibilities?”

“Because,” replied the obstacle man, “to be intelligent one must always be realistic, and it is a fact that there are certain definite  obstacles  in  connection  with  this  project.  What attitude would you take toward these obstacles, may I ask?”

The other man unhesitatingly replied, “What attitude would I take toward these obstacles? Why, I would just remove them, that’s all, and then I would forget them.”

“But,” said the obstacle man, “that is easier said than done. You say you would remove them and then you would forget them. May I ask if you have any technique for removing obstacles and for forgetting them that the rest of us have never discovered?”

A slow smile came over the face of the other man as he said, “Son, I have spent my entire life removing obstacles and I never yet saw one that could not be removed provided you had enough faith and guts and were willing to work. Since you want to know how it’s done, I will show you.”

He then reached into his pocket and took out his wallet. Under  the  isinglass  window  was  a  card  on  which  were written some words. He shoved the wallet across the table and said, “There, son, read that. That is my formula, and don’t give me the song and dance that it won’t work either. I know better from experience.”

The obstacle man picked up the wallet and with a strange look on his face read the words to himself.

“Read them out loud,” urged the owner of the wallet.

This is what he read in a slow, dubious voice, “I can do all things through Christ which strengtheneth me.” (Philippians 4:13)

The owner of the wallet put it back in his pocket and said, “I have lived a long time and have faced a lot of difficulties in my time, but there is power in those words—actual power— and with them you can remove any obstacle.”

He said this with confidence and everybody knew he meant it. This positiveness, together with the facts of his experience which were known to all, for he was a remarkable man who had overcome many odds, and because of the further fact that he was not in any sense “holier than thou,” made his words convincing to the men around the table. At any rate, there was no more negative talk. The project was put into operation  and,  despite  difficulties  and  risks,  turned  out successfully.

The technique used by this man is based on the primary fact about an obstacle which is—don’t be afraid of it. Practice believing that God is with you and that in combination with Him you have the power to handle it.

So the first thing to do about an obstacle is simply to stand up to it and not complain about it or whine under it but forthrightly attack it. Don’t go crawling through life on your hands and knees half-defeated. Stand up to your obstacles and do something about them. You will find that they haven’t half the strength you think they have.

A friend in England sent me a book by Winston Churchill entitled Maxims and Reflections. In this book Churchill tells of the British General Tudor, who commanded a division of the British Fifth Army which faced the great German assault in  March  1918.  The  odds  were  heavily  against  him,  but General Tudor knew how to meet an apparently immovable and  un-defeatable  obstacle.  His  method  was  simple.  He merely stood and let the obstacle break on him and he, in turn, broke the obstacle.

Use that formula which the businessman suggested and you will  develop  this  brand  of  powerful  faith  in  God  and  in yourself. You will learn to know yourself, your own ability, your power to do things. To the degree to which your attitude shifts from negative to positive the mastery touch will come to you. Then, with assurance, you can say to yourself under any and all circumstances and mean it, “I don’t believe in defeat.

defeat-problemsFor example, a woman sent her fifteen-year-old son to us. She said she wanted him “straightened out.” It annoyed her to no end that her boy could never get over 70 in any of his studies. “This boy has a great mind potentially,” she declared proudly.        

“How do you know he has a great mind?” I asked.

“Because he is my son,” she said. “I graduated from college magna cum laude”

The boy came in very glumly, so I asked, “What’s the matter, son?”

“I don’t know. My mother sent me to see you.”

“Well,” I commented, “You don’t seem to be burning with enthusiasm. Your mother says you get only 70’s.”

“Yes,” he said, “that’s all I get, and,” he added, “that isn’t the worst of it. I’ve even received less than that.”

“Do you think you have a good mind, son?” I asked.

My mother says I have. I don’t know—I think I’m awful dumb. Dr. Peale,” he said earnestly, “I study the stuff. At home I read it over once and then close the book and try to remember it. I repeat this process about three times, and then I think that if three times doesn’t get it into my head how am I ever going to get it into my head? And then I go to school thinking maybe I have it, and the teacher calls on me to say something, and I stand up and can’t remember a thing. Then,” he said, “examinations come along and I sit there and just get hot and cold all over and I can’t think of the answers. I don’t know why,” he continued. “I know that my mother was a great scholar. I guess I just haven’t got it in me.”

This negative thought pattern combined with the inferiority feeling  stimulated  by  his  mother’s  attitude  was  of  course overwhelming him. He froze up in his mind. His mother had never told him to go to school and study for the wonder and glory of learning knowledge. She was not wise enough to encourage  him  to  compete  with  himself  rather  than  with others. And she was constantly insisting that he duplicate her success in scholarship. Little wonder that under this pressure he froze mentally.

I gave him some suggestions that proved helpful. “Before you read your  lessons,  pause  a  moment and  pray  in  this manner, ‘Lord, I know I have a good mind and that I can get my  work.’  Then  get  yourself  relaxed  and  read  the  book without strain. Imagine you are reading a story. Do not read it twice unless you wish. Simply believe that you got it on the first reading. Visualize the material as soaking in and germinating. Then next morning, as you go to school, say to yourself, ‘I have a wonderful mother. She is very pretty and sweet, but she must have been an old bookworm to get those high marks. And who wants to be an old bookworm anyway? I don’t want to become magna cum nothing. I only want to get through school creditably.’

“In class, when the teacher calls on you, quickly pray before answering. Then believe the Lord will at that moment help your mind to deliver. When an examination is given, affirm in prayer that God is releasing your mind and that the right answers are given you.”

The boy followed these ideas, and what marks do you think he got the following semester? Ninety! I am sure that this boy, having discovered the amazing work ability of the “I don’t believe in defeat philosophy,” will employ the amazing power of positive thinking in all the affairs of his life.

DEFEAT conclusion:

believe-defeatI could use so many illustrations of the manner in which men’s lives have been revamped by these procedures that this Article would  grow  to  unwieldy  size.  Moreover,  these  are incidents and experiences out of everyday life that are in no way theoretical, but are entirely practical. My mail is literally filled with testimonials sent by people who, having heard or read accounts I have told of victorious life experiences, have felt moved to relate similar occurrences in their own lives.

As  you  finish  this  article please  say  the  following  line aloud: “I don’t believe in defeat.” Continue to affirm that until the idea dominates your subconscious attitudes.

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NIFTY Chart with 5th wave long term view

Dow and Nifty Chart

The Dow’s parabolic move higher has continued with gusto throughout November. So what’s next? Well, I think Santa is coming to the party with a Christmas rally that will be the last hurrah for this bull market that began in 2009.

Let’s begin the analysis with the weekly chart.

Dow Weekly Chart

dow-jones

The Bollinger Bands show price clinging to the upper band as expected for a parabolic move higher. This move up still looks to have more price and time left in it.

There has hardly been any pullback of significance in the last month, which is testament to the current strength of the bulls. I thought a minor 23.6% Fibonacci correction may occur, but the bears couldn’t even manage that.

So we have a 5 point broadening top in play as denoted by the numbers 1,2,3,4 and 5. We are now just awaiting the final wave 5 high to form.

This is also a “three strikes, and you’re out” topping pattern, which consists of three consecutive higher highs.

As outlined in the November newsletter, I expect this final high to be much higher than the point 3 high, as that high was only marginally higher than the first high at point 1. That appears to be holding true here.

There also appears the potential for the coming top to be accompanied by a triple bearish divergence in both the Relative Strength Indicator (RSI) and the Moving Average Convergence Divergence (MACD) indicator. This is denoted by the numbers 1, 2 and 3 on the respective lower indicators. This is commonly found at tops and generally leads to a significant decline.

Let’s move on to the NIFTY Chart

nifty-chart

As per my personal view, Nifty will fall heavy after big up move.

MORE DETAILS for NIFTY Future will be for Subscribers live by the Yahoo Messenger.

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Last Nifty future call by us is to buy 8455 for targets 8610 (Achieved Targets).

NIFTY setup

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