Saturday, June 6, 2020

GENERAL

[12:20 PM, 4/13/2020] Jiten Patel: Important Thing I like to draw to all my friends is that Around the World all the Government are Busy Printing MONEY......I mean Trillions of Dollars are getting Printed to Sustain the Impact of CORONA VIRUS......

Now eventually a day will come when the World will move forward irrespective of CORONA VIRUS PANDEMIC issue......
Because the Economic Impact later on will be far more devastating than the impact of CORONA VIRUS PANDEMIC and especially for Third World Countries which are living Hand to Mouth ...... because of Poverty.......
So even if a cure is found sooner or later or whenever but the Economic Engine will have to be started by the Government before that......
But Important Thing is to understand what do you on Personal level THINK will happen of CORONA VIRUS PANDEMIC say 2/3 years from today......
Things will settle down..... Corona Virus Pandemic issue will be out of the picture and when the world should again start Functioning normally......

Because of all THese Printing of MONEY in Trillions of Dollars there WILL be a Big Bull Market rally which will last for few years...... and so will the Inflation eventually go to extraordinary heights......

People who have heard Me personally speak about Printing Money will Understand the Long Term Investing Picture once the CORONA VIRUS PANDEMIC issue settles down......

So wait and be ready with your Gun Powder to invest for the Long Term Once Mr Market again gives you an opportunity to Buy just incase if it again Corrects and go downwards to the Recent LOWS or Still Lower LOWS.......

It is my personal opinion and view only and not a recommendation to buy or sell and I reserved to be proved otherwise also......
Please consult your Financial Advisor before Investing.....
The above reference of CORONA VIRUS PANDEMIC IS used in Reference to Investing in Indian STOCK Market purpose only........
[9:25 PM, 4/16/2020] Jiten Patel: My NIFty Outlook Range for the year 2020 is below......

HIGH LEVELS......13800
Lower Levels......7150

WORST case situation NIFty levels.....
Worst Levels.......6450...(Technical Pattern Analysis)......

But as written Earlier THese are Extraordinary Times and as such it is henceforth very difficult to Predict the future course of the NIFTY.....
But always remember that Once the medicine for CORONA Virus is developed then the market will not give a chance to Invest......but till such time any Levels in NIFty can be expected........
Also the Economic Trajectory will atleast take a year to two years to be on track again.....
So Economy wise it will be a very slow recovery and also will be mostly depended on the Development of the Virus Vaccine.......

Please note the above NIFTY levels are for the year 2020..…..
The NIFty levels for the year 2021 will be different from the year 2020......

IT is my personal opinion and view only and not a recommendation to buy or sell and I reserved to be proved otherwise also......
Please consult your Financial Advisor before Investing.....
[1:15 PM, 4/17/2020] Jiten Patel: NIFTY is not able to Cross @9300  and if in coming few days if NIFty doesn't move above @9300 and goes Upwards towards @10200 then we are not out of the woods and the Correction in NIFty is most probably expected which might take NIFty levels Downwards to @8500.....@8000.....

IT is my personal opinion and view only and not a recommendation to buy or sell and I reserved to be proved otherwise also.....
Please consult your Financial Advisor before Investing.......

[10:48 AM, 4/19/2020] Jiten Patel: First let NIFty Play out its full rhythm of Upwards rally from 7511 which I think should get over once NIFty reaches @9600...... anyways Reaching @9300 almost 85% of the Upwards rally is almost over......
But as of now I have turned cautious and will stay away from the Market for Next few days/weeks before a clear indication of where NIFty is going if and after it touches @9600......
So Waiting for a clear signal for the next Nifty move is what is warranted right now....... because in the current rally NIFty can go to @9600.....@9950 ALSO.....but Probabilities of NIFty going to @9600 are 85% and @9950 are 35%.......

So till that time enjoy the Ride upwards in NIFTY and don't be very adventurous to time and price the market......


IT is my personal opinion and view only and not a recommendation to buy or sell and I reserved to be proved otherwise also..... please consult your Financial Advisor before Investing.....
[1:06 PM, 4/21/2020] Jiten Patel: Best Golden chance to buy below STOCks in the Price Range given for Super Long Term Investing......

ONGC ......36 to 44
Coal India ......100 to 106

IT is my personal opinion and view only and not a recommendation to buy or sell and I reserved to be proved otherwise also......
Please consult your Financial Advisor before Investing......


As you can see in the Chart Previously Blue Line was above Red Line then Blue Line came Down again below the Red Line......Now the same Blue Line which is Currently today below Red Line will one day go up above the Red Line.......
[1:03 PM, 4/22/2020] Jiten Patel: From here onwards NIFty has to move towards @9600 or @8600.....
My Guess is NIFty in coming few days should move towards @9600 and the Probabilities as of now of NIFty moving to @9600 are almost 85% from the current levels.....

It is my personal opinion and view only and not a recommendation to buy or sell and I reserved to be proved otherwise also......
Please consult your Financial Advisor before Investing.......
[12:39 PM, 4/23/2020] Jiten Patel: 10 years GSec yields.......

Am still waiting for the 10 years GSec yields to fall below 5:50%......

Once the yields falls below 5:50% which as per my Probabilities basis is having a good chance of 75% of it going down....... thereafter the Biggest Bull Market rally should start......
Yes but one cannot ignore the CORONA VIRUS PANDEMIC issue......but I will and can become positive and very bullish Once the yields go below 5:50% in coming few months or a year.....

It is my personal opinion and view only and not a recommendation to buy or sell and I reserved to be proved otherwise also.......
Please consult your Financial Advisor before Investing.......


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