morning thoughts..

We said of the selling pressure at 5150 levels on the nifty front and the markets behaved as expected and couldn’t cross the high resistance zones and took supports at lower levels of 5100.
Technically the markets still looks in a sideways consolidation zone and could see some more downsides before it finds a strong buying support.
On the downside major supports can be seen at 5050 levels where one should try to go long with a stoploss close to 5000 levels.
On the upside the nifty will continue to face stiff resistance at 5150 levels where selling pressure can be witnessed.
The supports for the nifty is at 5090 levels and resistance at 5150 levels.
The supports for the sensex is at 16600 levels and resistance at 17400 levels.

The myth of human being ..

The worst animal in existence on earth now also found on other planets.

Stock markets – a curse or a blessing.

These were some of the questions which haunted my silent soul last night.

So apart from morning thoughts I will like to show some shadows of life..

It was a hot scorchy afternoon of an aspiring Monday when I was invited my a friend of mine , I was happy to visit him but didn’t knew that the afternoon was just an invitation for haunted night – for my silent soul

My later hours went undisturbed by any human movement as I didn’t knew how to react or rather act.

The person concerned was on a fre to look for a bride for his son- a bright sun , his profession – stock markets , his love – stock markets , his passion – stock markets , his fault – stock markets , his crime and blunder – stock markets.

Yes his love, profession and passion are only his enemies –

There is a general consent in people’s mind that stock markets people are “future beggars “- or rather UNCERTAIN BEGGARS”- a proper adjective , so no one gives their daughter to a person in stock markets.

Now that boy is a real sun and as far as I see and know he is a real twister and king of his trade and a master and can beat anyone , earns like anyone – more than an industrialist.

The other people’s view- “ I am in stock markets from 20 years but I have seen only loss and according to me 99% of the people are always in loss , I have so and so shares at x price, it went 10x but I didn’t sell , now its -2x ,so on so so…

Stock market person to that person – whats your profession ? , “ I do export of clothes in black and there is so certainty of payment”

Now this is a matter of joke , he himself tells from his mouth that there is no certainty in his profession but he wastes no time in cursing the profession of stock market..

Why is only stock markets seen as a profession of uncertainty , what if a proper industrialist running a millionaire factory finds his factory on fire one night…, but no , he sees only beggars in stock markets.

So what can we make out of this 10 minutes meeting- , the difference is only in the way or the view which the people look at , some looks at stock markets as a race course , gamble –where money can be doubled and tripled in 1 day without putting any capital .

A person treats his /her profession as a business and works day and night to earn a nominal amount from the profession , whereas they came in stock market and treat it as a gamble where they want to fulfill all their desires in one day and when not done they curse god , the profession , their luck etc.

Now a person whose profession is stock market treats his profession as a business and knows the pros and cons and never views it as a matter of one day or one week –he respects it and desires nominally.

So this attitude can never be understood by a person whose secondary work is stock markets and in their view stock markets are race course.

So its certain and sure that this people will remain the same and markets will never give them anything except regret , frustration and blindness, will never reward them .

Markets always rewards the faithful and the patient.