Jagmohan Singh
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expecting nifty to touch 9000 by 2016dec? (Js)

Jagmohan Singh at 10:48 AM - Dec 06, 2013 ( ) Views: 1,788

8 8

rising triangle pattern almost complete on 10 year chart.

"mother of all bull runs" to start very soon???

back of the envelop calculations hint at 50% rise from here. 

that makes it around 9000.

excellent time to be an investor, or spot bull trades.

From: Jagmohan Singh at 04:05 PM - Sep 08, 2014( )

8sep2014. 4:04pm

reality check.

i wrote this on 9 dec2013, when nifty was = 6363spot

we have come up 1800 since then!

once can easily see the storm in the discussion below.

technicals are right, but we don't have patience

also, we are too honestly obedient after technicals that miss the woods for the trees!

From: Jagmohan Singh at 04:05 PM - Sep 08, 2014( )

i wrote this on 9 dec2013, when nifty was = 6363spot

(1 to 20 out of 24) - Latest Replies on Top | First | << Previous | Next >> | Last |
Jagmohan Singh at 05:07 PM - Sep 08, 2014 ( )

dear rakesh,

technicals are the moles of the operators

they were planted to create a mass consensus which operators could exploit

which operators, no doubt, do

but still, being a mole, and not a spy, they do give u some critical clues!


as i said 

technicals are right, but we don't have patience

also, we are so honestly obedient to the technicals that we miss the woods for the trees!


i am beyond the trader age when one assumes.

Rakesh Padhi at 04:58 PM - Sep 08, 2014 ( )

Thank you Mr. jagmohan. For few people it is only assumption but you have proved it is only Technicals and Chart.

Veyini Ramamoorthy at 07:23 PM - Jul 12, 2014 ( )

Dreams and Fantasy are synonymous but different.....Dreams makes life sweeter and belongs to winners while fantasy quills the wounds and only belongs to looser.....

Nice thread....

How are you JS....?


Veyini Ramamoorthy at 01:57 PM - Mar 08, 2014 ( )





Pradip Ray at 03:26 PM - Dec 06, 2013 ( )

Good to note the jerks. Mudraa is essentially a Traders' forum . At least thats what I noticed. So the fate of 6400 CE or 6000 PE attracts more ateention.A commodity and Business Cycle (Kondratieff I presume) and Elliot 's wave have many Economic discourses. They seem to attract the economics addict. Having saaid that I am eagerly awaiting the Contra view.Remember 3700 and the storm it created in Mudraa !

Jagmohan Singh at 03:17 PM - Dec 06, 2013 ( )

as i said, markets are not deterministic, they are probabilistic.

we know, to a reasonable accuracy, what the counting outcome if 4 state elections is going to be.

but only operators know what they plan to do on monday and thereafter.

in such a situation (and such situations keep coming often) tactics is what comes handy instead of guesswork (guesswork will be wrong for the majority howsoever brilliant they are).

e.g. in current scenario, take any position, long or short. but keep stop loss.

but since the movement can be so sharp and overnight that stop losses may not be allowed to touch.

the best solution to this is = options.

buy either call or option (you can also write / sell them but that shouldn't be attempted by amateur shallow pocket traders, though that is less risky)

e.g. if u buy a call of 40 points, a hundred point pro move will take it to 80

a hundred point adverse move will take it to 20.

you gain 40, you lose 20.

a 2oo point pro move will take 40 to 150

and a 200 point adverse move will take 40 to under 10.

here, u gain 90-100, you lose 30.

trading's second big lesson i have learnt is that there is nothing called "profits only" market.

markets will always be made uncertain/unpredictable by the operators.

so, almost 50% loss (u can try and bring it down) is assured, but how u profit from the rest 50% is all that matters.

in the above example, if u gain, great!!!

but what if u lose?

no problem.

play again. do it again.

by law of probability, you will make good money in the medium to long term.


because ur wins will be 50% in terms of total trades but always much larger than losses in terms of amount.

but u can do it only if u have stomach of steel and have well managed finances.

there are many other such tactics which can be used.

but even this seemingly easy money will seat the guts out of you. any gain will be well earned!!!

Abhijit M. at 02:54 PM - Dec 06, 2013 ( )

Jagmohan bhai, with due respect frankly no one will be interested in knowing where nifty will be in 2016.. today for everyone the important question is where nifty will open on monday or maximum expiry of December series.. thats it...due to this hectic life, no one can guarantee if they will survive till 2016 to see nifty at 9000

Ravi Chander at 02:49 PM - Dec 06, 2013 ( )

First you tell where Nifty will go thts dec.

Ashok Tainwala at 02:33 PM - Dec 06, 2013 ( )

Right ...........Cheers !!!

Jagmohan Singh at 02:15 PM - Dec 06, 2013 ( )

see, among me and market, only market has the ego. i am a strict follower. wherever market goes, 7000 or 700, i will be after her, very faithfully. this is one big lesson i have learnt over the years among others.

i may not know the reason why market is doing in a particular moment what it does. i might come to know the reason later, or too late. so i never bother.

as osho says, u have to kill "i" even in the market. what market does, just do it, whether or not u know the reason behind it.

very often, there is no reason except the traps and tricks of operators.

operators have to beat the majority ALL of the time!!!

having said that, it amuses to keep a small third eye open while the 2 are glued to the market.


Ashok Tainwala at 02:12 PM - Dec 06, 2013 ( )

Jiski soch jahan tak.......................wave length ka sawal hai.

Abhinav Jain at 02:04 PM - Dec 06, 2013 ( )

hahaha, you will change your opinion when market falls.. then change it when its near highs for so long... pehle 6900 ki baari hain.. :D

Jagmohan Singh at 02:03 PM - Dec 06, 2013 ( )

what if modi comes to power and does a gujarat for india? remember, there are genius like dr.subramanian in bjp team.

what if second generation reforms are carried out?

entire world is just stuck up in a groove since many years now.

it appears we are at the historic peak of dec 2007. i dont agree. 21000sensex of 2007 (@7% rise pa compounded should be near 31515 today. where are we? 10000 below that.

and if all shackles are loosened, we will not stop at 31000 but overshoot it due to momentum and pendulum effect.

what u can't believe or see or think, that is exactly what market does. surprise is the no.1 weapon of operators.

markets always do what they are expected to do albeit in the least expected way.

Rajan Singh at 01:59 PM - Dec 06, 2013 ( )

mkt open intrest not looks good for long  in coming days  

Kr Menon at 01:55 PM - Dec 06, 2013 ( )

Dear JS,

I fully endorse your view. going thru few prominent EW experts like late Jeetu Seghal and an expert like yezhu the targets are way up from 7K in nifty. we are in bull phase in indian markets. Although a dip to 6050 levels on monday is possible. Keep up with your good work.

Jagmohan Singh at 01:53 PM - Dec 06, 2013 ( )

a trader should worry about monday's

an investor should worry about "somedays"

that's what i mentioned in the main body of what i wrote.

also, i have given reason about why i said what i said. the outcome/projection/extrapolation is wild, but it is not guessing.

again, i am not saying this will happen. this may not happen. another scenario is also there which i will share. even that will neither be wild nor a guess. 

but when we are in a forum, what are we doing if we are not sharing everything which we are not afraid to think of?

don't mind agressive words. just passionately sharing.

i take this warfare seriously.

Vijay Venkataswamy at 01:44 PM - Dec 06, 2013 ( )

That means

BYE BYE 6100 in 2013 ,

BYE BYE 7000 in 2014 ,

BYE BYE 8000 in 2015 and

 BYE BYE 9000 in 2016. Smile

Rakesh Padhi at 01:35 PM - Dec 06, 2013 ( )

Many does this type wild guessing....but do you know where will Nifty opoen Mnday ??

Mukesh Kumar at 11:53 AM - Dec 06, 2013 ( )

Yes JS

but nobody believe you because everyone wants to make money overnight.

Jagmohan Singh at 11:51 AM - Dec 06, 2013 ( )

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