WHY WE CELEBRATE HOLI?

Holi is celebrated after the full moon day in the month of phalgun (February – March). It is traditionally a harvest festival. Like all Hindu festivals, the reason for the celebration of Holi can be traced to Hindu scriptures and it commemorates the victory of good over evil. The significance of Holi is that victory of good over evil is achieved by a young devotee through his unshakable devotion for the Lord.

The date of Holi celebration depends on the moon and lunar calendar.

Holi Myth based on Prahlada and Demon Holika

Young Prahlada was an ardent devotee of Lord Vishnu but this was detested by his arrogant father, Hirnakashyipu, who was the king of the land. The father constantly sought for ways to eliminate his son and each time he failed miserably. But this only hardened his stance.

Now, the king had a sister named Holika who was immune to fire. So, she took young Prahlada and entered into fire. Legend has it that Prahlada came out of the fire without any burns but Holika was consumed by the fire. Huge bonfires that are burnt on the day prior to Holi symbolize this event from mythology.

Holi Legend based on Krishna and Radha 

Holi is also associated with the evergreen love of Krishna and Radha. Krishna was jealous of Radha’s fair color and asked mother Yashoda for the reason for Radha’s fair color. Yashoda jokingly said if you are so jealous change her complexion by smearing color. Naughty young Krishna was waiting for an idea for a prank and did exactly as his mother suggested.

 For Krishna devotees, the festival is spread over two weeks. The most important events are held at Vrindavan, Mathura, Barsnar and Nandgaon. 

Holi Myth based on Kamdev and Lord Shiva

Another important Holi legend is associated with Kamdev, the god of love. After the death of Sati, Lord Shiva took to severe meditation. Sati took rebirth as Parvati and tried to impress Lord Shiva. When her feminine charms failed, she took the help of Kamdev. Not knowing the seriousness of Lord Shiva’s meditation, Kamdev used his arrow of love on Shiva. The infuriated Shiva opened his third eye and turned Kamdev into ashes. This happened on the Holi day. 

 Holi Story based on Demon Dhundi

Another myth revolves around the demon Dhundi. She had received several boons through intense penance. Soon, she became arrogant and started killing children and eating them. But once Lord Shiva cursed her that she will be helpless before the pranks of young boys. One day a few boys in an intoxicated state took on her and started hurling abuses. The pranks of the boys increased as time went by and she could no longer tolerate it. Finally, she ran away from the area.

THIS SONG IS DEDICATED BY WIN AS A TRADER TO ALL ITS CLIENTS FROM SILSILA a 1981 BOLLYWOOD FILM DIRECTED BY YASH CHOPRA .

 KYUN HI RADHA,KYUN HI KRISHNA,KYUN HI RUKMINI JUST ENJOY HOLI

NIFTY STRATEGY - MAR 18TH

NIFTY

-Yesterday as expected it kissed our Target of 5454 level…Made low of 5450 & closed at 5466 level.

-We squared our Short ,Not bought fresh ..will see what happens today !

Today ,Will face Hurdle at 5502-5508.50

(Now ,While Updating SGX NF trading at 5494)

Crossover above 5508.50 with volumes will take to 5534.50 ,5554-5560

Break below 5450 with volumes will take to 5421-5410—–5400 !!

LAXMANREKHA @ 5567

Crossover with volumes +Closes above this level will take to 5611-5625 level.

Today or Monday ,We see Trend Reversal or Unexpected level.

OPEN POSITIONS OF THE DAY

OUR CLIENTS ARE HOLDING LONG IN TCS FUTURE FOR TARGET 1116-1124-1132

ALSO HOLDIN TCS 1100 CALL OPTION FOR TARGETS 36/40/44 

3'O CLOCK PACK CALL

BTST

 

TARGET 225.50/228.50/231.50

 

WE BOOKED PROFIT IN CAIRN 340 CALL OPTION AT 12 BOUGHT AT 9 ON TUESDAY

BANK NIFTY - INVERSE HEAD & SHOULDER FORMATION INTACT

101% Inverse Head & Shoulder formation still intact !

Breaking Point :11280.

Rally of 1000 points ………Not ruled out !!

Have u seen Triangle of 506 points ?

10600——–11025 are points to remember

Once breaks or crosses above levels ,Traders can jump and see Mind blowing fall or rally of 506 points !!

We Think in next 1-2 days ,Trend for Market will be decided !!

If Rally of 506 point starts then we are sure It will rally more by another 500 points reason Inverse Head & Shoulder formation.

-Suppose 1000 point rally comes in BANK NF ,Then Bank Stocks will be on FIRE !

+RELIANCE above 1057 will catch Fire !

=NIFTY FUTURE :Heading towards 5750-5800-5900+

But everything depends on Bank Stocks +RELIANCE !!

NIFTY STRATEGY - MAR 17TH

NIFTY Touched 5553 (and started downward)

This fall will be heavy selling

.

Now you can short NF 5529-5537 and keep stoploss 5542 and gofor targets 5468-5442-5406 and 5379 intraday

-No need to use Brain-

5464-5454 are Support & 5567 is Major Hurdle !

-Do …What ever u want to do ?

Today again it will be a Boaring Day !

Low volumes ,Lacklusture movement

After Policy too ,We Don’t see any charm.

JAIN IRRIGATION - BUY

 

Explosive Rally on card ,Target 225——–230 in hrs only ?

Yes ,We hold long…No worry @ all.

Your Stoploss Rs.183

Today ,Just watch :192 level.

Crossover with volumes will take to 203-206.25 & there after 216-219 in hrs only.

Any Day ,Any Moment will see Historic volume + Block Deal around 230-235+ level.

-Above 242……………………..Whole India will RUN ,Watch your Blue Channel babes doing Bla Bla about this stock !

NIFTY STRATEGY - MAR 16TH

NIFTY

Yesterday as expected by 11 O clock it made Bottom !

After Hitting a low of 5375 it started moving up and our timely SMS to Buy NF 5500 Call Option at 75 will zoooooooooooom to kiss 95 & there after 105

-Do u know it kissed 5481 twice and crashed Intraday then finally crossed and kissed high of 5504.95 level & closed at 5447 level.

Great Money again was minted in NF

Levels will remain same only ,Yes 5469-5481 are Hurdles.

Crossover will take to 5516————5528

Will it cross 5528 ?

Can we Go short with stop of 5528 ??

If crosses 5528 with volumes …………….then ???

Will zoom to kiss 5563-5575.

3rd or 4th Session will see Unexpected level.

(Refresh your memory from last month we indicated from 9th to 19th March will see unexpected levels and clearly mentioned to avoid Trading )

If the unusual never happened there would be no difference in people and then there wouldn’t be any fun in life. The game would become merely a matter of addition and subtraction. It would make of us a race of bookkeepers with plodding minds. It’s the guessing that develops a man’s brain power. Just consider what you have to do to guess right. –REMINISCENCES OF A STOCK OPERATOR by Edwin LeFevre

 

We were writing from 9th to 19th March……….Just avoid Trading !

We told u…………Be cautious ,Best Strategy …Go for Vacation !

We are having Bad Habit to Mint Money either Mkt is Down or Up ,Our Subscribers list going up and up…..they will earn from all mkts in FO But to have upperhand and to get updated during trading hrs or after hrs…u have to join us.

PRAJ INDUSTRIES - BUY IN PANIC

                                       Forget WORLD Market……….PANIC !!

Buy @ 10.30AM.

Yes,Today only will sell at 15 hrs.

Above 68.50………..Catch it.

Will zoom to kiss 75.25

Our Target Rs.90+………………Very soon in next 1week.

(In Panic ….Around 66-65…..Buy in TONS )

Today /Tomorow spurt of 15-20% on card ,Reason u ask RJ or Company people.

BANK NIFTY - INVERSE HEAD & SHOULDER FORMATION

Yes ,Still Inverse Head  & Shoulder formation intact !

Height of Head :1000 points.

Breakout Point :11280 level only.

Now ,Watch Ascending Triangle on chart :

Height of Triangle :506 points.

Breakout Point :11050———10700

Yes ,U have to add or Minus 506 from above points.

Day /Swing TRADERS ,Just watch these levels for next 2-3 sessions.

BAD NEWS

Bad Debts of Public Sector Banks

The total lending by all public sector banks till December 2010 stood at Rs 2,94,000 crore. The net NPAs of these banks in this period increased by 70% compared to 46% in 2009-10.

The country’s largest bank, SBI, reported bad farm loans of around Rs 3,717 crore, highest by any bank in the first nine months of 2010-11. The increase in SBI’s bad loans has gone up by 80% compared to the bank’s total farm loan NPAs in the previous fiscal, according to finance ministry data. In 2009-10 , SBI’s agriculture NPAs were Rs 2,322 crore.

Andhra Bank reported a 168% rise in NPA while in case of Allahabad Bank, it was more than 157% and for Corporation Bank, it was 205%. Bad farm loans of Bank of India increased by 100% in the current fiscal till December 2010.

In the 2011-12 Budget, the government enhanced agriculture credit limit to Rs 4,75,000 crore from Rs 3,75,000 crore in the previous year. Banks have been asked to step up direct lending for agriculture and credit to small and marginal farmers with an aim to increase productivity.

Considering that the banks face pressure from the government to meet the credit target within the financial year, the high level of NPAs indicate that there could be some compromise in due diligence.

A similar problem that had occurred a few years ago, impacting banks’ credit lending and reserves, had to be compensated by the government by recapitalization and reimbursement through a farm loan waiver scheme. The government announced a Rs 70,000 crore farm loan waiver scheme in 2008-09 to compensate banks.

Realty, telecom most corrupt sectors: Report

Global consultancy firm KPMG, in a report released on Monday on bribery and corruption in India, said real estate was the most corrupt sector, followed by telecom. The firm attributed this to higher government and political intervention in these sectors.

The report comes at a time when multiple enforcement agencies are probing corporate-politician-bureaucrat nexus in several government procurements and allocation of telecom licences. It has been found that payoffs were made using some real estate companies as fronts.
“Large capital investments, multi-level approvals, complex processes and huge projects give immense opportunity for corruption in these sectors,” the report said, warning that this may impact the overall GDP growth of the country. Commenting on the prevailing situation across industry, Deepankar Sanwalka, head of Risk & Compliance at KPMG, said, “We realised that there was an uneasy sentiment among corporates about the recent developments.”
The report cautioned against possible leakages in expenditure on infrastructure development, estimated at $1 trillion between 2012 and 2017. A significant portion of this expenditure will be for development of real estate and construction and almost 30% of this expenditure is expected to be funded through public-private partnership which further increases the scope for payoffs. “The main reasons that could be attributed to providing bribes would include obtaining routine administrative approvals, obtaining and retaining business and covering up inconsistencies in quality of work and documentation,” the report said.
“The survey shows that corporates cannot just claim to be victims of corruption. They are also responsible for it,” Transparency International India executive director Anupama Jha said at the launch of the report.
Respondents that included CEOs of some major Indian entities told the KPMG survey that the prime reason for paying bribes was to win or obtain business and to get routine administrative approval from government agencies.
It said that unless checked, corruption may hinder growth prospects and the projected GDP growth of 9% may not be possible. It could result in lesser foreign direct investment ( FDI) into the country, negative impact on the performance of capital markets and a volatile political and economic environment.

NIFTY STRATEGY - MAR 15TH

NIFTY

Yesterday written NF will zoom to kiss 5544 level.It went upto 5562 & closed at 5555 level.

Three Consecutive close above 5499+Weekly close is must will take NF to 5693—5758 level.

Thirty Traders ,Just watch :5572 level.

Yes ,Once crosses this level with volumes …..Don’t remain short.

Nonstop Rally upto 5612–5625 not ruled out.

Suppose not crossing High of 5562 (Y.High )

Then Support exist at 5525-5516

Decisive break below 5516 will take to 5488—5479 level in PANIC.

Watch Triangle of 212 Points !

Either NF will Spurt to kiss 5700+

or Will crash to kiss 5200 level.

(For 5200 level ,NF will have to break and close below 5400 level )

OUR CALLS FOR THE DAY

3'O CLOCK PACK CALLS: 

BTST ON FRIDAY :KOTAK BANK FUTURE DID OUR TARGETS

TODAY STBT: SHORT ICICI BANK FUTURE AT 1025 TGT 1000/992

FUTURE CALLS :

AUROBINDO PHARMA SHORTED AT 187.65 BOOKED PROFIT AT 186.15

BOOKED FULL PROFIT IN RELIANCE CAPITAL FUTURE  BOUGHT AT 548 SOLD AT 560

OPTIONS CALL:

BOUGHT LIC HOUSING FINANCE 190 PUT OPTION FOR TARGETS 7.5/9/10.5

GE SHIPPING - BUY

 

All Shipping Stocks to Catch Fire ,Jump of 10-15% or more on card.

Yes ,In Panic…………..Buy Buy Buy Buy !!

Today ,Just watch 267.25 level.

Buy in TONS and Hold for atleast 1-3 sessions.

Target for selling :281——284

There after will jump nonstop upto 294-297 level.

Your Stoploss Rs.260.

Jump of Rs.100-120+ on card ,Reasons we don’t know.

(NOTE:Our Subscribers dont have any position,Its for Free Readers

We are Highly Bullish in MLL ,SCI too for 2-3 days.)

CC people +Delhi Bull ……One side Buyer ….Something cooking ???We don’t know…catch at opening bell and will sell on Today OR Tomorrow OR Wednesday

Tata Steel ,Tata Power ,Tata Chemicals

All Three Looking Weak ,Sell if u can !!

NIFTY STRATEGY - MAR 14TH

NIFTY

 

As expected below 5477 our tgts were 5444-5433 & then 5398 was our Crucial Support.On Friday it kissed low of 5413 & closed at 5459.60 level.

Friday’s low 5413 & 5398 are Last Hope !

Once Breaks 5398 with volumes…….will take to 5327-5303.

On Upperside above 5463 if stays……….then ?

Rally upto 5493-5503

There after more Rally upto 5533-5544 not ruled out.

MONDAY or TUESDAY Session will see unexpected levels.

(101% No Charm in Market)

"The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading… I know this will sound like a cliche, but the single most important reason that people lose money in the financial markets is that they don’t cut their losses short.”

OUR CALLS FOR THE DAY

OUR CLIENTS COVERED SHORT POSITIONS IN IT AT 1125 TODAY WHICH WE R HOLDING SINCE 3 DAYS FOR TARGET 1125

TATAMOTORS 1150 PUT OPTION ALSO WE BOOKED PROFIT AT 56 ITSELF.

BOUGHT TATASTEEL 600 PUT OPTION AT 25 SOLD AT 30

 

SHORTED AT 450.50 BOOKED PROFIT AT 442.50

 

 

YESTERDAY IN 3'O CLOCK PACK:

WE BOUGHT AT 543 FOR TARGETS 548/553/558 IT DID OUR ALL TARGETS

OUR 3'O CLOCK PACKAGE SUBSCRIBERS KNOW WHAT THEY DID
TO KNOW WHETHER THEY SHORTED OR GONE LONG AT 423

JUST SUBSCRIBE TO ENJOY EVERYDAY

SCI,GE SHIP, MLL - BUY BUY BUY

Baltic Freight Index :6 week High ,Watch Explosive rally in Shipping stocks

In Last 6 weeks from low of 1043 it had spurted Yesterday to close at 1538.

Jump of 495 points ,Jump of 47% !!!!!

-Yes ,It looks …….Worst is over ,Any Panic Great opportunity to Book your Ships and Vessels.

All Shipping stocks traded here like GE Shipping ,SCI ,MLL

Ready for Short run EXPLOSIVE RALLY…………….!!

Anything else ,Just send us mail 

WINASATRADER@YAHOO.COM 

NEVER MARRY ANY STOCK JUST LOVE ,ENJOY AND LEAVE IT 

SINCE ALL ARE MANIPULATIVE ONLY

NIFTY STRATEGY - MAR 11TH

NIFTY

-Yesterday No Volume ,It’s a DEAD Market -
Perhaps waiting for IIP no. to start a directional move.

Today or Monday Session will see UNEXPECTED levels.

From Last 2 days writing :Below 5477 ….More Panic !

Below 5477 will slide upto 5444———5433 & there after will break low of 5400 too

Last Hope or Crucial Support at 5398

Break and close below 5398 will take to 5327——5303 level.

Hurdle at 5519-5559——-5572 !

Short Term RANGE :5398———-5600.

TATASTEEL --- 100% SELL BELOW 590

BELOW 590 OUR TARGET IS 550/520 ON TATASTEEL 

YES SELL IT 100% ONCE IT GOES BELOW 590 ONLY GOD CAN SAVE THIS STOCK

AXIS BANK --- SELL TGT 1200

Once breaks 1276 with volumes then????

Nonstop slide upto 1248———-1226 level in hrs only.

Says 1200 very very soon 3 days
We dont bother news technically its weak u will see our levels.

 

JANUARY IIP: BETWEEN 3.4 TO 3.9%

India Industrial Production (Jan):  We expect industrial production growth to come in at 3.4% yoy in January, after softening to 1.6% yoy in December due to improvement in activity in January. 

-Can we see 3.9 or 4.47 % ?-if not this time then Feb IIP will be around these numbers !