Thursday, May 2, 2019

[12:37 AM, 3/31/2019] Jiten Patel: Giving your time in reading today than doing time pass is delayed gratification...... time pass today is instant gratification which will give you immediately pleasure and reward...... but devoting that time in reading books and in return gaining knowledge you are delaying your instant gratification to delayed gratification...... because these knowledge will earn you immense knowledge in the future......
[12:37 AM, 3/31/2019] Jiten Patel: What we have for free we never give importance......good advice we get for free we neglect it...... same way we have got human brain for free and we neglect it totally and never ever try to understand how it is functioning......so the problem starts from there itself.....
[12:37 AM, 3/31/2019] Jiten Patel: Nothing in life is complicated..... Our brain wants us to be in comfort zone so very simple things also it makes us look complicated..... brain wants to run away from change...... because for new changes it has to use its mental energy and brain does not want to waste that precious mental energy which it is using everyday to keep us alive

One psychology thing I like to tell you about market going up.....

Once the investors start gaining confidence in the market.....they will put more and more money in the stock market through IPOs..... directly buying stocks..... through mutual funds......soore money comes in the market the more the market will go up and up......
But the amount of money which should flow in the market because of the money to be invested by the retail investors is very negligible.....so lots of money is going to come in the market through these investors which will take the market to new highs and highs.....in the coming few years..... because the more the money flows continuously in the market the nifty will go up and up....

Below Message sent on 23 Rd March....

Current small correction could go on till first half of coming Wednesday and from second half nifty can again start it's upwards journey.....

But the above probability and possibility is only possible if nifty doesn't go below 11200 by coming Wednesday and the correction remains range bound between 11600 to 11200.....
Even if the small correction is extended timewise for few more days.....then nifty should not go below 11100.....

Usually I don't give such short predictions because in short term market can get very volatile...... but it is what I think and can be proved otherwise also......

But as per my earlier view only the probability of the nifty going upwards till 9 and 10 April are 85% atleast.......

Supposedly if in the current small correction which might last 3/5 days..... the nifty in worse case scenario doesn't go below 11100..... Then what I think is that market is not allowing the market participants to buy at lower nifty levels and it will confirm that market can go up to new upward levels..... and thereafter market will give the feeling of FOMO to investors and will ultimately force them to buy at still higher levels.......
So these coming few days correction is very important price wise and Time wise......

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