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Saturday, May 30, 2015

Bank Nifty Astro Technicals June 01 to 05 2015

Dear Friends,
It had been a long journey..I had started this blog on March 10, 2012, and but for a brief period of my illness, I had been consistently posting astro views and technical views of Nifty. I had always tried to be as accurate as possible and also as comprehensive.In the bargain, I had been spending quite a lot of my time on the weekends,analysing, collating and creating the charts and then cohesively posting them.Since I also have an active full time job and my own trading, it has begun to become a little too much.Also it is time I get some compensation for all the hard work which goes into the creation of these posts.
But since my first love is astro technical research, I shall continue but for only a select audience.I wish to offer these services at a cost, a nominal Rs 1000/- per month. There shall be weekly astro technical analysis and midweek reviews on Wednesdays.Occasionally I shall also be analysing select stocks.
Two other activities which I shall be pursuing is to start Financial Astrology classes for a limited set of students and help people select stocks  to keep trading and investing, which match with their horoscopes. I shall let you all know when these activities would be kick started.
I need to invest in software and allied activity.. hence the proposal for subscription. The blog will continue to be available, put open posts shall be very occasional.
If you are interested in subscribing for the regular weekly posts and mid week reviews, please send me an email to tekkiesuresh@gmail.com.I shall intimate my bank details and other mandatories, through a return mail.
Iam limiting the subscription to just 50 members because the idea is to share knowledge with joy on a cost to cost basis and not look to turn it into a drudgery of servicing large number of subscribers which may not be possible for me at present.
If my work had made sense to you, if it has helped you make money in the market, if you wish to know more about the astro technical approach to markets, then you are welcome with both hands.
My sincere thanks to all of those wonderful folks who had been with me for a long time, commented on my posts and generally added to my knowledge... you had been my motivating force!
Let us meet on the other side....
Meanwhile this post is on Bank Nifty, for a change...I continue to believe that Bank Nifty may surpass Nifty this year..

 

Let us have a look at the astro positioning of Bank Nifty

So bye, all! Take CARE  

116 comments:

  1. dear suresh ,, while earlier i was watching ur posts i was in a thought that a person is like u started some help and hope for the novice traders but within a short time u also started for subscription..i m not blaming that y u started this but as u said that u r a full time trader and write this blog as hobby then what makes u earn extra apart of ur trading . can understand but still its ur skill (Astrology) and u have right to sell it or donate it . but although i m not so wise that i give a lecture to u to what to do . i my self is also a full time trader with help of Astrology and technical analysis and i simply post on twitter what i trade and never intend to charge anything from any trader because i can not take guarantee to put them in profit by my analysis. anyways congratulations for ur new scheme of subscription . may god bless u with more accuracy in ur profession ..my twitter id is @shivoycalls

    ReplyDelete
    Replies
    1. i would also like to inform happily that i want to make an contribution of Rs 1100/- to ur account and this amount is not for subscription but for my wishes to you for ur new subscription plans and again wishing u a very progressive business . kindly send me ur bank details on my twitter id so that i can send it to you by tomorrow itself.

      Delete
    2. Dear Sameer,
      Thank you for your views. Your blessings and good wishes are more than enough.No need for any donations. I generally do not post calls. It is a system of trading using Astro and Technicals. People who follow diligently can learn it and use it in any market.
      While I do not have to explain why I have taken this decision, let me just add a pointer. To make his more systematic, to add more value in terms of other facilities to be added over a period of time, I need to invest in infrastructure and people. Now to do that out of my pocket, looked illogical. Also nothing wrong in expecting payment for work done is it not? That is the way of the world..ultimately free lunches do not work.I also have no great expectations. People who are truly interested and who wish to deploy this system in their trading only will subscribe. That is all I also need. So let us see where this leads.

      Regards

      Suresh

      Delete
    3. One more view Sameer. Novice trader should not be encouraged by posting calls. They will never learn a system. You can see how many of them keep flitting like butterflies from one blog to another, from one viewpoint to another,looking for calls which can be taken without any thought.They become addicts over a period of time. After losing heavily they drop out. I have been seeing this for 25 years now.A minority section will start learning a system and stick to it even though it is painful. It is that section which ultimately thrives.When they also learn how to manage their trade and money, they start becoming successful.This generation has a flaw. Most youngsters are either from a one child family or from a two children family. They are used to instant results..instant gratification, when they were growing. Watch the behaviour of young children and parents in restaurants, while you travel etc.,When they become independent and start trading they expect the same results sub consciously. But markets are not like their parents. Markets demand certain amount of discipline and diligence. Result? More losses and disillusionment.This is one of the reasons why I discourage calls and tips.

      Delete
  2. Thanks for the update sir.
    Have mailed you pl check.
    Regards

    ReplyDelete
  3. I request people here to not be judgemental.
    Rs 1000 per month is a reasonable amount i am sure if Sureshji had asked more people would have agreed to that too.
    Regards.

    ReplyDelete
    Replies
    1. i was expecting these type of reply from someone..thnx

      Delete
    2. It is ok, friends. Some people will be judgemental. That is part of human collective behaviour. The river continues to flow...

      Delete
    3. so Mr Suresh u define ur self as river and question asking people are scrap. nice lines by the flowing river and the followers . keep going onwith ur judgemental views

      Delete
    4. Sorry Sameer. I did not mean that. I did not mean people`s judgement are scrap. I only meant that there will always be judgements, both good and bad. Decisions are always taken by people based on what they feel is right is it not? I had also mentioned that it is ok to have contra views. The phrase "river continues to flow" is not indicating me as the river, but that the decision to not offer free services and go for subscription continues to prevail.
      Like I had indicated, I had not mentioned anything judgemental. Please do not take offence. I had always respected all views here, even if I do not agree with them.

      Regards

      Suresh

      Delete
    5. Thnx Tekkie Suresh for ur wise reply. even my question too was not that why u have started taking subscriptions . My simple question was that what was the reason behind that made u think to start subscription. As for a long time i was watching your blog and there i found an Astrologer in name of Tekkie Suresh who is helping the traders with selflessness for a long time and how all of sudden the mind went to that plan ..
      Not raising finger to ur subscription plan but just amazed . And i know not only me but a large numbers of traders read your blog and plan strategy and all wait for your weekly prediction .

      As an astrologer for last 10 years i have my full on the knees respect to you . i assume the Astrologer not GOD but the messenger of GOD and if they come to know that GOD has all of sudden started certain things .
      Anyways my question was not intended to make you upset . If any how my words did so, i m sorry for that .
      Repeating my words that being a Astrologer i respect other Astrologers on my knees more than GOD. and u have said that u will make only 50 subscriptions then i tell u that for 10% people u make some concession of 50%of ur fee and i will feel glad if i can contribute the 50% from my side so there will be no loss for your revenue.
      Again having respect for you as should be for a Astro like u and if feel this comment making u upset can delete this

      Delete
    6. Thank you Sameer, for understanding. Iam not upset at all.Like you said, I had been giving free blog posts for more than three years.My time is increasingly becoming short due to several other engagements.I had an option..to stop the blog altogether, or to look at making it self paying so that I can invest in some support systems and expand my range of services. The only option which seemed workable was to start a paid subscription system, by which I cater to a limited number of people, get the infrastructure needed and then expand later on. It also looked logical that some returns accrue to me for efforts put in. Subscription amount is very nominal and people will recover that within a month itself. Iam not looking at making this into a big business set up. I can also cater better to a smaller group rather than a large group. People keep asking me to analyse astrologically several stocks and other markets. It becomes physically impossible to do so, if the asking group is very large. You can see several such requests in the blog posts itself, apart from the mails I receive.I personally feel bad when I cannot attend to a request.
      So the services have come into being..

      Delete
  4. Hello suresh sir,
    Do you expect the same for nifty too from 3rd June. The bigger red cycle ends at/around 10th June. So do you see a sustainable rally in nifty too post 3rd June.
    Regards.

    ReplyDelete
  5. All the best for your new venture.

    ReplyDelete
  6. please consider me in my email id is infomation.manoj@gmail.com

    ReplyDelete
    Replies
    1. Manoj, my mail had bounced. Please check the mail id..

      Delete
    2. Pls add me on ur email
      Poonamsainani1@gmail.com

      Delete
    3. suresh bhai my mail id is "infomation.manoj@gmail.com" please dont add "r" in between just copy and paste if u still have any problem pls tell i have other also

      Delete
    4. Hi Manoj,

      Please check your mail now.

      Delete
    5. Hi Poonam,
      Pls check your mail.

      Delete
    6. i ecieved ur email & on thursday will be done

      Delete
  7. Sureshjee,
    Pl add me up for financial astrology classes whenever you start off.
    shahnina26@gmail.com

    ReplyDelete
    Replies
    1. Sure Ninajee, you will be one of the first!

      Delete
  8. Suresh bhai,
    Please add me on ur email
    venkyin@gmail.com

    ReplyDelete
  9. This comment has been removed by the author.

    ReplyDelete
  10. Hi Suresh,
    Pls check ur mail. Have mailed you. Thanks.

    ReplyDelete
  11. Bear market in Nifty may have started today. I have posted an update today on my NEoWave blog with chart and analysis.

    ReplyDelete
    Replies
    1. Mahesh it between you and Suresh ,this is the beauty of market the bull and the bear Suresh being big bull from tomorrow and you being the bear.
      All th best.

      Delete
    2. Mahesh fantastic wonderful confirmationday today your target on the cards to achieve.What is Suresh view post today.

      Delete
    3. lets wait for tom if todays low not breached then sureshji might not be wrong.

      banks, IT and defensives to watch out for I guess. too much panic was spread today

      SBI too closed at support.
      lets wait for another day-:)

      regards.

      Delete
    4. You are right but once after failed breakout of 8450 sharp correction has been noticed within 2 days and change in trend will be closing above 8275 spot.what is u view sir.

      Delete
    5. QuEeNhAvInA, Wednesday updates have been sent to you.

      Regards


      Suresh

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    6. Thanks for the mail sir.
      Regards.

      Delete
    7. @niftybaba todays closing is important and if monthly lows of may held the bearish mode maybe over.
      I however am biased towards it holding monthly lows.-:)

      Delete
    8. btw old economy stocks are the new defensives

      Delete
  12. please send me bank detail my id intraday.master@yahoo.com also want to learn

    ReplyDelete
  13. sir i have sent u two mail but no reply .add me in your mail
    intraday.master@yahoo.com
    regards
    Shiv Yogi

    ReplyDelete
    Replies
    1. ok,ok Sorry!

      Have sent you mail. Pls chk.


      Suresh

      Delete
  14. Hi Dear Suresh

    I have sent you Rs. 3000 for the first 3 months of your subscription to you for Nifty analysis starting from June
    2015...following are the details:

    Amnt sent : Rs. 3000
    Date : 2 June 2015

    sent to your Axis bank ac as requested by you..


    Kindly Confirm upon receipt and send me your valuable Nifty views

    Thank You

    Sam Castelino
    (Saumya Castelino)

    ReplyDelete
    Replies
    1. Hi Sam, receipt and recent updates have been mailed to you. Please check. Easier to deal thru the mail box for the time being.

      Regards


      Suresh

      Delete
  15. Sureshji, can you pl send mail to me at j.amitjain@gmail.com

    ReplyDelete
  16. Sureshji, can you pl send mail to me at j.amitjain@gmail.com

    ReplyDelete
  17. sir pls add me in your email my email is
    trader.jaishankar@gmail.com

    ReplyDelete
  18. suresh ji payment sent to you Axis bank and receipt on your mail already sent

    trader.jaishankar@gmail.com

    ReplyDelete
  19. Could you please send me details at aksh.maheshwari@gmail.com, thanks....

    ReplyDelete
    Replies
    1. Dear Aksh,

      Mail sent.Pls chk.

      Suresh

      Delete
    2. Dear Aksh,

      Mail sent.Pls chk.

      Suresh

      Delete
    3. Dear Aksh,

      Mail sent.Pls chk.

      Suresh

      Delete
  20. I had mailed you 3 days back and still to get reply of the same.
    Do revert

    ReplyDelete
    Replies
    1. Sorry SJ, I seem to have missed you. Can you resend pls? If you are using a different name, then give me a connect to your nick name!

      Regards


      Suresh

      Delete
  21. Dear Guys,
    Please let me sort out the subscriptions which have come in. I will surely answer all mails. I am also making separate arrangements to share updates with people who have subscribed already.

    Warm Regards


    Suresh

    ReplyDelete
  22. Dear all,
    Those of you who have subscribed and not received Wednesday updates, please send me a reminder.. I had already sent the updates. In case someone has been missed, I shall send again.
    Do not post subscription requests here. Please send me an email to tekkiesuresh@gmail.com. Also do not deposit cash into the specified account. There are some difficulties in reconciling. Please send by bank transfer as far as possible.
    We intend to close the subscription by June 14, 2015.

    Warm Regards


    Suresh

    ReplyDelete
  23. The Downtrend in Nifty is picking speed in my opinion. We are currently witnessing a THRUST out of the recently completed/confirmed contracting non-limiting triangle. The 'Thrusts' are generally as sharp as 3rd-of-3rd, if not sharper, You may refer to my NEoWave blog for chart and analysis.

    ReplyDelete
  24. Hi Sir,

    Have a doubt. In this blog, you have mentioned that the period from the 8th to the 28th of june is positive for Bank Nifty.
    As per my observations however, Bank Nifty is under performing the Nifty massively until now. Moreover, the problem is that a massive bearish head and shoulders pattern is visible in the Daily charts in the Nifty and once 8000 is broken (which I deem possible during early next week) there is a chance of an extremely sharp cut. Given all this, I am not able to understand how the outlook for Bank Nifty could be positive. Moreover, we are near the 17500 levels which as you know and have mentioned earlier in one of your earlier posts is very crucial and has already been broken in the previous decline. We are now standing at the cusp of 17500 and all it would take is a gap down open to violate it and go further down.

    Would be really a great help if you clear this doubt.

    Apologies if I have mis-interpreted your Astro view.

    Thanks!

    ReplyDelete
    Replies
    1. Hi Wacky Punter, I shall clarify by mail.

      Delete
    2. Hello sir,
      Kindly CC the same to all -:)
      Regards.

      Delete
    3. @wacky punter. Positive openings are sold into even flat openings are sold into.
      Let us have a gap down on monday and hold Thursdays low.
      Astro says bullish
      TA says bearish we will have an eventful week -:)

      Delete
    4. QuEeNhAvInA, I shall cover it in the weekly analysis itself.

      Regards

      Suresh

      Delete
  25. Hi Suresh,
    Today's price action is showing that bank nifty has closed at the low of the day. Could you please share your thoughts on it being positive next week. It is possible that on monday we can drift lower. I have also sent you an email today for your subscription as I am really interesed in it.

    ReplyDelete
    Replies
    1. Thanks Josh. Iam covering Bank Nifty analysis in the weekend.

      Delete
    2. Hi Suresh,
      Please reply to my email regarding subscription details which I have sent from my rediffmail account.

      Delete
  26. I have posted an update analysis write-up of the larger degree wavecount for NIFTY on my NEoWave blog. The Downtrend, which is a thrust-out of a non-limiting triangle, seems to be accelerating.

    ReplyDelete
    Replies
    1. Hi Mahesh ,I agree with your view and it looks like there is a confusion seeing people reaction Suresh seems to have a bullish view and this is now getting dangerous.Anyhow all the best your call was spot on.

      Delete
    2. Hi Mahesh ,I agree with your view and it looks like there is a confusion seeing people reaction Suresh seems to have a bullish view and this is now getting dangerous.Anyhow all the best your call was spot on.

      Delete
    3. Let us wait for Suresh too to give his thoughts on Bank Nifty.

      Delete
    4. At anytime more than one legit wave count is possible. I think Suresh turned bearish on Nifty before I did. Maybe Astro is presenting a different view. I would love to see his views which I greatly respect and am inspired by.

      Delete
    5. Hi Mahesh I agree that Suresh experience is matched priceless but the challenge is when u turn professional and charge money ,your analysis get quantified into right and wrong calls and there is no place to hide .I am already noticing it ,knowledge is one thing and conceptualizing into trading system becomes another.I am confident with time Suresh will overcome this one also.

      Delete
    6. Hi , give me a break guys! I only give my analysis, not right or wrong calls.In fact in 25 years I have never given any calls.Neither do I have any proprietary trading systems.I have just asked my friends to help me capitalise the investments which go into the effort of analysis.There will not be any bias in my approach and I will also be making mistakes!

      Delete
    7. I agree with Suresh. No analyst is right more than 50% of the time. His work on NEoWave and Astro is purely inspirational.

      Delete
    8. hi Mahesh, how is nifty looking as the chart pattern for last two days indicate neutral however weekly is dangerous.

      Delete
    9. hi Mahesh, how is nifty looking as the chart pattern for last two days indicate neutral however weekly is dangerous.

      Delete
  27. One of my friends who has some knowledge of financial astrology too has informed me about Bank nifty being positive. He is expecting 18000-18200 next week. Let us wait and watch next week.

    ReplyDelete
  28. Hello sir ,
    Can we have a blocked blog for all the subscribers once you are relieved with the initial admin work.
    Went long against your caution and SL triggered (:-
    It would be better if we have a platform to discuss and share.
    Say a LINE group for discussion.
    Regards.

    ReplyDelete
    Replies
    1. Sure, we will have it soon...
      Even for me, I wish to have all posts in one place.

      Delete
    2. Hi Suresh,
      Please reply to my email for subscription to your reports

      Delete
    3. Hi Josh,
      Please send your mail again. I have a few Joshis here. Do not know your real name to identify.

      Delete
  29. Hi all,
    Closing all subscriptions by June 14, 2015. Want to get back to analysing markets!

    Warm Regards


    Suresh

    ReplyDelete
    Replies
    1. Hi Suresh,
      I have just sent you an email for subscription. I have mentioned in the subject "Subscription (email from Josh):

      Delete
    2. Yeah Josh! Got it right.Will send you a mail tonight.

      Delete
    3. Thanks Suresh !!! Once you have sent me an email please drop me a small note here. I will make the payment immediately once I get the email.

      Delete
  30. Hi Suresh.

    I am yet to hear from you even after sending u mail twice.

    I am resending right now so u can easily place it with my handle, mail being sent at this hour. My handle is mentioned in the signature area.

    I don't want to share my details in this open forum for some obvious reasons.

    Regards.

    ReplyDelete
  31. Dear SJ,
    I have sent mails to every one. I have created a new blog for subscribers only. And this week`s update has been posted already.
    Iam mystified that you have not got my mail.
    My mail id is tekkiesuresh@gmail.com

    Warm Regards

    Suresh

    ReplyDelete
  32. Suresh so you are stoping the free blog competely .no weekly updates also.

    ReplyDelete
  33. No Niftybaba, I will be posting occasionally here. Regular weekly updates and detailed analyses shall be in the other blog.

    ReplyDelete
  34. Sir

    I have transferred Rs. 3000/= to ur account through Net Banking vide
    reference ID 42806537 today. Plz confirm aforesaid payment

    ReplyDelete
  35. Hi Veneet, have you used any other name or account to transfer? Please confirm via email.

    ReplyDelete
  36. Greetings, The NIFTY seems to progressing downwards nicely in the form a thrust-out of a contracting non-limiting triangle. The Target of 7350-7000 looks possible now. Last week I had posted charts on my NEoWave blog describing the golden ratio relationships (0.618, 1.618) maintained between the various phases of the recently concluded complex combination rally. You may view detailed charts along with write-up on my NEoWave blog.

    ReplyDelete
  37. Anyone here fan of the Thrones. absolute best! Season 5 Finale should be great.

    ReplyDelete
  38. Suresh i thought u would update, however any change in yr view cause lot of money has been lost by many on or view on bank nifty though u have minted money.

    ReplyDelete
    Replies
    1. Manoj,
      Suresh has already shifted posts to new blog,you have to be a paid subscriber to get his views.

      Delete
  39. pay to loose???? atleast he should have updated his losing streak

    ReplyDelete
    Replies
    1. Dear friend please understand he is just a astro tech analyst who just gives understanding with no calls.have u lost money pl post u views.

      Delete
    2. nope i did not trade as per suresh's view but it is unfair of an individual to leave a person in a lurch

      Delete
    3. Dear Manoj Dalmia, paying to lose is a very uncharitable remark.After all the posts I have put here over the last three years, surely I do not deserve this remark?

      Delete
  40. This comment has been removed by the author.

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  41. This comment has been removed by the author.

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  42. This comment has been removed by the author.

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  43. Hi, The weekly analysis of NIFTY is posted on my blog. The immediate target seems to 7700-7600 and the intermediate target seems to be 7300. Please visit my nifty blog for detailed analysis and charts.

    ReplyDelete
    Replies
    1. Hi Mahesh, Why did Suresh remove your comment?? any guess

      Delete
    2. Hi Manoj, I have not removed any views.I have always given my views asking people to exercise caution.Any profit or loss is the responsibility of the reader.

      Delete
  44. hi Mahesh , Yours views and Sureshji view were an fantastic insight especially when Suresh and your views were on opposite side.It is sad that Suresh has turned professional and his views are not availalble .However keep up the good work.

    Regards,

    ReplyDelete
  45. I agree that nifty might be in bearish bias for next week only if bank nifty takes out 17100 on closing bases.Greece settlement might be announced before market opening on Monday but if market senses no settlement by monday then gap down can be expected.

    ReplyDelete
    Replies
    1. Greece or No Greece Markets are in down trend, relief rallies may come but over all markets are in down trend. ratio of Nifty and bank Nifty is 1:4, so room for further fall in nifty. Furthe more when nifty was trading 7200-7300 odd levels bank nifty was at the same levels i.e. 17300

      Delete
  46. Suresh are u posting any updates for this week on the blog.

    ReplyDelete
  47. Well we so need someone to blame our losses to.
    Suggestion is a thankless job I suppose.

    If unpaid free reviews are getting criticized what will happen if a paid review goes for a toss.

    ReplyDelete